2/221-223 Dunmore Street, Pendle Hill NSW 2145
2/221-223 Dunmore Street, Pendle Hill NSW 2145
2-bed low-rise unit | ~102 m² with gas kitchen | lock-up garage and balcony | near Pendle Hill station | flood overlay noted
This unit is positioned within an older low-rise strata block, from which steady interest continues to be drawn by first-home buyers and investors. The configuration is practical: two bedrooms, one bathroom, a single lock-up garage, and a generous internal area of about 102 square metres. Gas cooking, stainless steel appliances, built-in wardrobes, internal laundry, and timber flooring are all present, placing the unit at the better-presented end of its building. Commuter appeal is reinforced by its position within walking distance of Pendle Hill station and local shops. The property is suited to buyers seeking affordable accommodation with rental potential rather than premium finishes.
A flood overlay is the main constraint, affecting insurance costs and lending terms. Future maintenance levies may be affected by the age of the block. Light and perceived value may be influenced by balcony orientation and floor level. Price stability is supported by consistent demand from same-building sales, though flood risk should be weighed against location advantage.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/221-223 Dunmore Street, Pendle Hill NSW 2145
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Pendle Hill, in Western Sydney, is a mixed market where houses dominate at 64% of sales. House prices have grown strongly, with medians around $1.4 million and annual growth of 10-13.5%, while units are softer at roughly $498,000 with slight declines. Houses sell in about 31-35 days, indicating steady demand, though annual house sales are low at 39-44. Rental yields are thin for houses around 2.7-2.8%, but units offer 5.5-5.7%. Weekly rents for houses range from $630 to $750; units near $575-580. Demand is driven by affordability relative to other Sydney areas and a mix of detached and strata housing, supported by access to the Great Western Highway. Future growth will depend on sustained house-price momentum, but the soft unit segment and low house sales volume suggest a narrow market.
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PropCred Estimated Value
Comparable Sales: 5/221-223 Dunmore St sold $464,000; 10/221-223 Dunmore St sold $460,000 | Property Price Band: $400,000–$500,000 | Value Drivers: condition, presentation, flood risk perception, station proximity
Bedrooms
2
Bathroom
1
Parking
1
Land
2038m²
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