1/5-7 Parkes Road, Artarmon NSW 2064
1/5-7 Parkes Road, Artarmon NSW 2064
1-bed Artarmon unit | circa 2005 full-brick | car space included | balcony | walk to rail
This property is competitively positioned as a low-maintenance modern apartment in a suburb where much of the stock is older and less well appointed. Its full-brick and slab construction offers genuine durability, while the inclusion of a balcony, built-in robes, and a car space lifts it above basic one-bedroom units in the area. The walk-to-rail location and proximity to village shops and cafes further strengthen its appeal, particularly for owner-occupiers seeking convenience or investors targeting professional tenants. It serves a buyer who values newer finishes and parking over space, and it sits well within Artarmon’s sought-after lower north shore setting.
The price should be weighed against a few unknowns that might affect its ultimate value. No detailed aspect or floor level is confirmed, which could make a meaningful difference to light and outlook, two factors one-bedroom buyers often prioritise. The build at circa 2005 means some systems such as hot water or paint may be approaching renewal, and without verified internal finish quality, the true condition remains uncertain. Additionally, the one-bedroom configuration limits buyer depth compared with larger units, so the property may take longer to sell if pricing is aggressive.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/5-7 Parkes Road, Artarmon NSW 2064
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Artarmon is a highly affluent suburb with a distinct two-tier market. Demand for houses is driven by established, high-income owner-occupiers, evidenced by strong capital growth and lower rental yields. The unit market, while more accessible, shows varied performance. Recent conditions indicate houses are tightly held with measured sales velocity, while the divergence in growth between property types highlights a premium on land. Future growth is underpinned by this entrenched affluence, though the suburb’s sensitivity to broader economic factors remains a key consideration for buyers.
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PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
1
Land
1048m²
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