8/23 The Trongate, Granville NSW 2142
8/23 The Trongate, Granville NSW 2142
2-bed unit, Granville edge | strata lot 804sqm | 1 car, 2 bed, 1 bath | active listing, Morton Green Square
This unit sits within a complex offering a large shared strata lot, a rare structural advantage for a two-bedroom apartment in Granville, as it provides better land-to-unit ratio than most comparables. The 80sqm internal size, aligned with nearby listings, supports solid rental demand from professionals and downsizers seeking space without a house. Its active listing via a known agency signals motivated selling, giving a buyer negotiating leverage in a street with strong unit turnover.
The primary risk is the contradictory off-market note on one platform, which may indicate a recent withdrawal or stale dataโthis requires agent confirmation before proceeding. The lack of past sale history for this unit limits benchmarking, but the comparable at 14/14-16 at $480k provides a realistic ceiling. For a buyer, the opportunity lies in securing a well-sized unit with a parking space in a liquid market. Hold for steady rental yield or use as a stable entry point into Western Sydneyโs unit market.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 8/23 The Trongate, Granville NSW 2142
Market Insight:
Granville is a dynamic, transit-oriented suburb positioned as an affordable entry point into Sydney’s west, attracting a young, renting population and families drawn by its schools. Demand is driven by first-home buyers and investors seeking value in the apartment market, alongside families upgrading to houses. While house prices show solid growth, the unit market faces recent softness. Future growth is underpinned by its undervalued status and connectivity, though risks include sensitivity to interest rates and a high proportion of strata units.