3/22-24 Taranto Road, Marsfield NSW 2122

3-bed strata unit in low-rise complex | Marsfield’s unit median $985k | Proximity to Macquarie University & transport | Rents faster than houses. This property presents a competitively priced entry into the Marsfield market, serving a clear demographic of professionals and students drawn to the suburb’s university and transport links. Its three-bedroom configuration is a relative rarity within the local unit and townhouse segment, offering a functional advantage over the more common two-bedroom layouts for small households or those seeking a study. The unit’s positioning in a low-rise complex on Taranto Road aligns with the suburb’s character of townhouses and units in its lower areas, catering specifically to the 39.6% rental market with demonstrated demand, where units rent faster than houses. This property is best suited for an investor targeting the steady tenant pool from Macquarie University or an owner-occupier seeking lower-maintenance living without compromising on location. The decision hinges on accepting the constraints of strata title with negligible land, which permanently limits capital growth relative to free-standing houses in the area. The primary risk is the value ceiling imposed by comparable unit sales, not the booming house market, locking the property into a lower but more stable price trajectory. The commercial opportunity lies in securing a tenancy with a strong yield, supported by rising unit rents, and benefiting from the unit’s quicker sale time when exiting. Acquire this property as a long-term rental holding or a medium-term residence, but do not expect it to replicate the capital gains of a house on land in this suburb. Recent comparable sales establish a clear value corridor for this property. Nearby house sales, such as 21 Scott St at $2,330,000, are not relevant benchmarks. The meaningful comparisons are unit and townhouse transactions: 7/128 Crimea Rd, a 2-bedroom townhouse, sold for $973,000 in late November, and 2-bedroom units in the area command weekly rents between $680 and $730. This data suggests a well-positioned 3-bedroom unit should command a premium over these 2-bedroom sales, anchoring its value solidly above the suburb’s $985,000 unit median while remaining distinctly below the house market. This inference is reinforced by the faster 29-day market time for units, indicating sustained demand at this price point.