6/268 Glebe Point Road, Glebe NSW 2037
6/268 Glebe Point Road, Glebe NSW 2037
Compact 52 m² two-bedder | No parking in tight Glebe market | Strong rental demand profile | Older building stock | Near light rail and foreshore
This unit offers a rare entry point into Glebe’s tightly held apartment market, where most two-bedroom stock trades well above this price range. Its compact footprint and lack of parking will suit first-time buyers, investors, or downsizers prioritising location over space. The building’s proven rental history and proximity to the CBD, university, and revitalised foreshore give it steady appeal, while the village atmosphere along Glebe Point Road adds lifestyle value that supports long-term desirability. For an investor, the lower entry cost compared to larger units may translate into a healthier rental yield, making it a pragmatic choice in an otherwise premium suburb.
The property’s value may be shaped by its position within the building, natural light, and internal condition, none of which are confirmed. Older construction could mean higher maintenance expectations, and the absence of parking might limit appeal to owner-occupiers who drive. Conversely, the compact layout and no-car configuration may attract tenants seeking affordability near transport. Any renovation potential or favourable aspect could lift its competitive standing, while a dated finish might cap price growth until improved. Buyers should weigh these factors against the strong location fundamentals.
|| Comparable Sales: Unit 12 in same building sold $1.01M; Unit 18 purchased $899K | Property Price Band: $860K–$960K | Value Drivers: Building reputation, internal condition, light and aspect
Detailed Independent Property Report prepared by PropCred Analyst team for 6/268 Glebe Point Road, Glebe NSW 2037
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Glebe’s inner-city position, minutes from the CBD, sustains demand from professionals, first-home buyers and downsizers, with the 20-29 age bracket dominant. Houses hold a $2.635 million median after 3.3% annual growth, while units sit at $930,000, down 15.4% over the past year. Rental demand remains firm—houses at $1,100 weekly, units at $749, producing a 3.8% unit yield. The suburb’s 87 house sales reflect steady turnover. Future growth is tied to transport upgrades and CBD job creation, but price sensitivity and potential apartment oversupply are constraints.
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PropCred Estimated Value
Comparable Sales: Unit 12 in same building sold $1.01M; Unit 18 purchased $899K | Property Price Band: $860K–$960K | Value Drivers: Building reputation, internal condition, light and aspect
Bedrooms
2
Bathroom
1
Parking
-
Land
1016m²
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