16/295 Victoria Road, Marrickville NSW 2204
16/295 Victoria Road, Marrickville NSW 2204
2-bedroom unit in Marrickville | 111mยฒ internal | Auction clearance 85% | Last traded 2018 | Strong owner-occupier building
The property’s 111mยฒ internal area is unusually generous for a two-bedroom unit in Marrickville, giving it a rare floorplan advantage over newer stock where rooms are often smaller. The building’s 65% owner-occupier ratio signals a well-maintained strata environment with lower turnover risk, which appeals to both live-in buyers and those seeking stable long-term holding. Positioned on Victoria Road with easy access to shops and transport, this unit suits professionals or downsizers who want space without sacrificing convenience; the auction clearance rate of 85% in the suburb confirms strong demand for well-configured apartments in this price bracket.
The 2018 purchase price of $830,000 provides a clear historical benchmark, though the current market has shifted and comparable sales data for similar units remains incomplete. The property is part of a 23-lot complex with only two recent sales, making valuation less transparent and increasing the importance of the strata report. Buyers should factor in potential competition given the high clearance rate and short time on market. For a buyer, this unit works best as a long-term hold in a liquid suburb, with the large internal area supporting either owner-occupation or future resale to a similar demographic.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 16/295 Victoria Road, Marrickville NSW 2204
Market Insight:
Marrickvilleโs position as a vibrant, well-connected Inner West hub underpins its enduring appeal. Demand is driven by diverse buyers seeking urban convenience, community charm, and access to high-performing schools, creating a competitive market with limited supply. Recent price trends show robust growth across both houses and units, supported by extremely low vacancy rates and strong rental yields. Future growth is anchored in its lifestyle appeal and proximity to the city, though persistent supply constraints and economic sensitivity remain key considerations for the market’s trajectory.