55/14-20 Parkes Avenue, Werrington NSW 2747
55/14-20 Parkes Avenue, Werrington NSW 2747
This is a ground-floor, two-bedroom, two-bathroom unit with one car space in a complex on a large shared lot. The building is approximately 10–12 years old, and the property is estimated to be valued around $546,000 with a weekly rental return between $540 and $580.
The property’s competitive strength lies in its ground-floor access, which is rare for two-bedroom units in this price bracket and particularly attractive to downsizers or those seeking easy entry. Its position within Werrington offers a quiet, low-rise residential character with solid proximity to public transport and local schools, making it a practical choice for first-home buyers or steady rental investors. The unit is typical of the suburb’s stock, but its accessible layout and single-level living give it a slight edge over higher-floor alternatives in the same complex.
The value of this property may be affected by its single car space, which is below the average for similar units in the area and could limit appeal for households with multiple vehicles. The ground-floor positioning might also reduce natural light compared to upper levels, a factor that could influence buyer perception. The building’s age, around a decade, may suggest future maintenance requirements for common areas, though no immediate issues are apparent. These considerations should be weighed when forming a view on price, as they could moderate demand relative to newer or better-oriented alternatives.
Detailed Independent Property Report prepared by PropCred Analyst team for 55/14-20 Parkes Avenue, Werrington NSW 2747
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Werrington Downs is a dynamic, family-oriented suburb experiencing rapid demographic change and strong price appreciation, driven by young professional households seeking value. Demand is robust, evidenced by swift sales and rising rents, though household incomes remain below the Sydney average, presenting an affordability consideration. The market’s momentum is supported by significant population growth, but its sensitivity to interest rates and economic conditions is a noted factor given the high proportion of mortgaged owners.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
148m²
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