103/428 Victoria Road, Gladesville NSW 2111

103/428 Victoria Road, Gladesville NSW 2111
1 bed, 1 bath, 1 car | modern kitchen, private balcony | Gladesville convenience | strong rental appeal This property offers a rare combination for a one-bedroom apartment: a full car space and a private balcony in a well-connected suburb. The modern kitchen and open-plan layout reduce the need for immediate renovation, which strengthens a buyer’s negotiating position. It is best suited to a first-home buyer seeking a lock-and-leave residence or an investor targeting reliable rental demand from professionals and students drawn to the transport and amenity access. The primary risk is the smaller floorplate typical of one-bedroom apartments, which may limit appeal to owner-occupiers seeking more space. However, the lack of bushfire, flood, or heritage overlays removes common due diligence hurdles, and the Opticomm fibre and 5G coverage support remote work viability. The 2023 sale provides a recent price benchmark, while the current estimated range suggests modest upside potential in a stable market.
Detailed Independent Property Report prepared  by PropCred Analyst team for 103/428 Victoria Road, Gladesville NSW 2111
Checks found:
Value Risk ✕ 2
Liquidity Risk ! 1
Planning Risk ✕ 2
Income Risk ✕ 2
Execution Risk ✓
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Market Insight

Gladesville presents as a well-established, high-value suburb with a clear premium for houses over units. Demand is underpinned by owner-occupiers, evidenced by a significant majority of properties being mortgaged, while a substantial rental population supports unit investment. Recent market activity shows robust price growth, particularly for houses, with a steady sales volume indicating sustained interest. Future performance will hinge on broader economic conditions, though the suburb’s inherent appeal and constrained supply provide a solid foundation for stability.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

1

Land

1269m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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