97/188-190 Balaclava Road, Marsfield NSW 2122
97/188-190 Balaclava Road, Marsfield NSW 2122
3 bed 2 bath 2 car configuration | renovated full brick apartment | spacious low density complex | family oriented Marsfield location | no direct train access
This unit occupies a competitive position in Marsfield because its 3 bedroom, 2 bathroom, 2 car configuration is relatively scarce in the suburb’s apartment stock, and the full brick construction with multiple balconies adds durability and liveability. The property sits within a large 2.07 hectare complex, which provides a more open, park like feel than typical infill developments. It is best suited to families seeking a low rise, secure home with good schools nearby, or to investors targeting stable rental demand from the Macquarie Park employment and education cluster.
Value may be influenced by the property’s reliance on bus and road connections for commuting, as there is no direct train access, which could narrow appeal for some buyers. The renovated kitchen and bathrooms are a positive, but the building’s 1980s to 1990s vintage means potential buyers should consider future strata levies for common area upgrades. The 2.07 hectare parcel could also attract future redevelopment interest, though this remains speculative and would require strata owner consensus.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 97/188-190 Balaclava Road, Marsfield NSW 2122
Market Insight:
Marsfield is a high-value suburb primarily driven by established professionals and families, evidenced by its dominant household composition and high median prices. Recent market activity reflects strong demand with significant price appreciation, though this growth is tempered by notable affordability constraints and a recent population decline. Future performance hinges on sustained demand from its core demographic amid these supply and affordability pressures.