1/34 Ethel Street, Eastwood NSW 2122
1/34 Ethel Street, Eastwood NSW 2122
This is a ground-floor, three-bedroom, one-bathroom apartment with a single lock-up garage. The internal living area measures 103 square metres, placing it well above the typical unit size in Eastwood. The building was constructed around 2004 and sits on a shared 659-square-metre lot. The property is located 300 metres from Eastwood Station and the town centre, placing it within a highly walkable corridor.
What is competitively strong about this property is its uncommon combination of three bedrooms and substantial floor area within a walkable, established neighbourhood. Most units in Eastwood are two-bedroom and smaller, so this apartment offers genuine space for a small family or professionals who require a home office. The elevated ground-floor position provides a degree of privacy and direct access to a balcony and internal laundry, which are practical advantages over many comparable units. This property serves buyers who prioritise school catchment access, public transport convenience, and a low-maintenance lifestyle without sacrificing room dimensions. It sits comfortably within the medium-density residential character of the area, where demand remains consistent due to the suburb’s strong amenity and multicultural community.
The value of this property may be influenced by the single bathroom, which could be a constraint for larger households or future resale appeal. The building’s age, circa 2004, may require attention to common area maintenance or updates in the coming years, though no specific issues have been flagged. Parking is limited to one garage space, which might not suit families with multiple vehicles. The property’s position on a quiet street is a positive, but buyers should consider that the unit’s orientation and sun exposure are not confirmed, which could affect liveability. These factors should be weighed against the strong location and generous size when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/34 Ethel Street, Eastwood NSW 2122
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Eastwood is a well-established suburb with a dual-market dynamic, appealing to both established families seeking premium homes and first-home buyers or investors targeting its significant strata sector. Demand is underpinned by its transport links and amenity, supporting robust sales activity and strong historical capital growth. Recent conditions show a divergence, with house values experiencing modest growth while the unit market has softened, presenting a nuanced landscape. Future performance will hinge on broader affordability pressures and the balance between its enduring desirability and the current supply dynamics within each property segment.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
659m²
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