5 Parkview Road, Fairlight NSW 2094
5 Parkview Road, Fairlight NSW 2094
6-bed apartment | $4.64M Dec-21 sale | 4-car | Fairlight premium pocket | Oversized configuration
This property stands out immediately for its configuration. A six-bedroom, three-bathroom apartment with four car spaces is rare in any Sydney suburb, and in Fairlight it is exceptional. The sale price of $4.64 million in December 2021 signals that buyers paid a substantial premium for this scale and versatility. It serves families who need genuine space, multi-generational households, or buyers seeking a property that can function as a large residence with flexibility for guests or extended family. The four-car accommodation is a practical advantage in a suburb where parking is often constrained, and it adds a layer of convenience that many comparable properties lack. This is a property for a buyer who prioritises internal volume and parking over a traditional house format.
The value picture here is shaped by how the market has moved since late 2021. Fairlight has seen continued demand for large family properties, and the premium end of the market has held firm. The property’s apartment classification may create a perception gap for some buyers, but the size and amenity offered are closer to a large townhouse or small house in practical terms. The buyer should weigh whether the apartment designation limits financing options or buyer pool compared to a house, and whether the internal condition and layout justify the premium paid previously. The absence of confirmed details on finishes, aspect, and building age means the inspection will be critical in forming a view on current value. If the property is well maintained and the layout is functional, it may hold or exceed its prior sale level; if it requires updating, the price band may soften.
|| Comparable Sales: 10 Parkview Road sold $5.6M (5-bed house, 2026); 26 Parkview Road sold $6.349M (4-bed house) | Property Price Band: $4.5M–$4.7M | Value Drivers: configuration rarity, car accommodation, internal condition, layout efficiency
Detailed Independent Property Report prepared by PropCred Analyst team for 5 Parkview Road, Fairlight NSW 2094
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Fairlight is a high-demand Northern Beaches suburb driven by affluent professionals seeking premium family homes and well-located units. This demographic sustains strong price points, though the house market shows recent volatility while units exhibit robust growth. Future demand is underpinned by consistent population growth, yet the market faces constraints from chronically low supply and significant affordability barriers.
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PropCred Estimated Value
Comparable Sales: 10 Parkview Road sold $5.6M (5-bed house, 2026); 26 Parkview Road sold $6.349M (4-bed house) | Property Price Band: $4.5M–$4.7M | Value Drivers: configuration rarity, car accommodation, internal condition, layout efficiency
Bedrooms
6
Bathroom
3
Parking
4
Land
499m²
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