6/1 Shaftesbury Street, Carlton NSW 2218

6/1 Shaftesbury Street, Carlton NSW 2218
Top floor, full brick, no neighbours above | Walk to Carlton station | Tandem garage with storage | Appeals to multiple buyer types This propertyโ€™s top-floor position in a full brick building is its strongest structural advantage, offering privacy and natural light that ground-floor or mid-level units in the same price bracket cannot match. The tandem garage, at approximately 30 square metres, is exceptionally rare for a two-bedroom apartment and effectively functions as a workshop or extra storage, which significantly differentiates it from typical strata offerings. The open-plan layout with a full-width balcony and an updated bathroom with separate bath and shower gives it broad appeal, particularly for downsizers seeking single-level living without compromising on space, and for young families wanting proximity to Carlton station and local amenities without a house price. The primary risk is the propertyโ€™s position within a 19-unit block, where future special levies or capital works may arise, though full brick construction reduces major structural concerns. The valuation range of $680,000 to $900,000 is wide, indicating that final price will hinge on condition and comparable sales in the immediate precinct; buyers should inspect for any signs of deferred maintenance in common areas. For investors, the local vacancy rate of 1.32% and median weekly rent of $630 support a sound rental yield, but the unitโ€™s premium featuresโ€”top floor, garage, and updated interiorโ€”may push the purchase price above the median, compressing yield. The opportunity lies in negotiating below the estimated $790,000 if the property requires cosmetic updates or has been on market longer than average.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 6/1 Shaftesbury Street, Carlton NSW 2218
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Market Insight:

Carlton presents a stable, family-oriented market anchored by high owner-occupancy and professional households. Demand is driven by owner-occupiers seeking houses and investors targeting units for their stronger rental yields and capital growth. While houses show steady, moderate growth, the unit segment demonstrates more dynamic performance with faster sales. Future growth is supported by established transport links and infrastructure, though high house prices present an affordability constraint, and the higher volume of unit sales indicates a more competitive supply environment.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

2

Land

1553mยฒ

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