1/19-23 Chiswick Road, Greenacre NSW 2190
1/19-23 Chiswick Road, Greenacre NSW 2190
4-bed duplex-style townhouse | 318 m² on title | Street-facing format | Flood-zone flagged | Family-oriented Greenacre position
This townhouse holds a genuine edge over typical Greenacre stock. Four bedrooms, two parking spaces, and a street-facing duplex layout place it above the standard two-to-three-bedroom townhouse offerings that dominate the suburb. The 318 m² land component is generous for a strata-titled dwelling, giving it a more house-like presence and broader appeal to family buyers who might otherwise consider a detached home. It suits owner-occupiers seeking space, parking, and low-maintenance living without stepping into a full house purchase. The rental estimate of $1,100 per week signals strong family demand, and the property’s configuration supports that yield profile. For a buyer wanting a newer-style townhouse with genuine room to spread out, this sits comfortably at the upper end of what the local market typically provides.
The confirmed flood-zone exposure is the most material factor to weigh. It may affect insurance premiums, lender appetite, and long-term resale appeal, and it could narrow the buyer pool slightly. The absence of verified details on internal finishes, orientation, and build quality means the property’s true condition should be inspected closely before forming a price view. The street context, with a mix of townhouses and older detached homes, supports steady demand, but the flood flag may cap upside compared to unaffected stock. Buyers should also consider that the duplex-style format, while practical, may carry body corporate obligations that need review. These factors may influence how the property performs relative to its asking level, so a thorough due-diligence process is recommended.
|| Comparable Sales: 43 Chiswick Road sold $1.385M June 2021; 58 Chiswick Road renovated 4-bed no price shown | Property Price Band: $1.1M–$1.2M | Value Drivers: land size, four-bed configuration, flood-zone status
Detailed Independent Property Report prepared by PropCred Analyst team for 1/19-23 Chiswick Road, Greenacre NSW 2190
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
Greenacre is a family-oriented suburb where professional couples with children, average age 33–36, drive demand. House prices have risen to $1.59–1.60 million on 12.8–13.35% annual growth; units reached $820,000 with 6.2% growth. Houses sell in a median 40 days, supported by 203–234 annual transactions. Population growth of 7.96% and a 21.71% household income boost underpin activity, but monthly mortgage repayments of $2,058 highlight affordability strain. Unit rental yields of 4.6% compare with weekly rents of $678 for units and $370 for houses. The 59.27% Environmental Living zoning constrains supply, while stock on market stands at 4% and vendor discounts average -6%, giving buyers leverage. Rate sensitivity remains the primary downside risk.
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PropCred Estimated Value
Comparable Sales: 43 Chiswick Road sold $1.385M June 2021; 58 Chiswick Road renovated 4-bed no price shown | Property Price Band: $1.1M–$1.2M | Value Drivers: land size, four-bed configuration, flood-zone status
Bedrooms
4
Bathroom
2
Parking
2
Land
318m²
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