1/488 Princes Highway, Gymea NSW 2227
1/488 Princes Highway, Gymea NSW 2227
3 bed, 2 bath, 3 toilet townhouse with 209sqm of internal space and a single garage. Built in the mid 2010s as part of a boutique development on Princes Highway. Heritage overlay applies to the site. Dual level layout with timber stairs, balcony and courtyard. Master bedroom includes an ensuite.
This property sits in a strong position within Gymea’s townhouse market. The internal space is genuinely generous for a three bedroom townhouse, and the dual level layout with separate living zones works well for families or professionals who need room to spread out. Being on Princes Highway gives direct access to transport and shops, which is a practical advantage for commuters. The heritage overlay is not common for townhouses of this era, and while it imposes constraints, it also protects the character of the setting. The property is best suited to buyers who want a modern, low-maintenance home with good space and solid school catchment options, without needing to renovate or extend.
The heritage overlay may affect any future plans for external changes or additions, which is worth weighing if you value flexibility. Road noise from Princes Highway is a real factor, and while the building design may mitigate some of it, it is worth experiencing at different times of day. The single car space is adequate but may feel tight for a household with multiple vehicles. Rental yield sits around 3.7 percent, which is reasonable but not exceptional for the area. These factors do not undermine the property’s appeal, but they should inform how you compare it to other options in the same price range.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/488 Princes Highway, Gymea NSW 2227
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Gymea is a well-established family suburb, underpinned by its reputable schools and parks, attracting professionals and established families. Demand is driven by this appeal for a safe, long-term environment, supported by a diverse housing mix. The market demonstrates stability with consistent sales activity, though high entry prices present an affordability constraint for some buyers. Future growth is anchored in its enduring appeal and balanced supply.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
1709m²
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