104/20-22 George Street, Marrickville NSW 2204
104/20-22 George Street, Marrickville NSW 2204
Large two-bedroom | two-bathroom | 108sqm floorplate | tight owner-occupied building | strong Marrickville demand
The buying case here rests on an unusually large floorplan in a tightly held building where 85 percent of owners live in situ, which limits stock and supports long-term value. For a buyer seeking a genuine two-bedroom apartment with two bathrooms and parking in a premium inner-west pocket, this unit offers a rare combination of space and owner-occupier quality that most newer developments cannot match. The 108 square metres and dual bathrooms position it well above the suburb median for units, and the building’s low turnover suggests fewer rental voids and better common-area care. This property suits a professional couple or downsizer who values liveable square footage over a house trade-off.
The main risk is the asking price relative to Marrickville’s two-bedroom median, meaning resale upside depends on the specific floor level, natural light, and balcony quality rather than suburb uplift alone. A 3.7 percent gross yield is moderate for an investor, but the owner-occupier demand in this building reduces vacancy risk. The suburb’s 87 percent auction clearance and 40-day average selling time support a liquid exit if needed. Buyers should verify strata health and any upcoming levies, but if the aspect and finishes hold up, this property works best as a long-term hold for someone who will use the space rather than flip it quickly.
Detailed Independent Property Report prepared by PropCred Analyst team for 104/20-22 George Street, Marrickville NSW 2204
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Marrickville’s position as a vibrant, well-connected Inner West hub underpins its enduring appeal. Demand is driven by diverse buyers seeking urban convenience, community charm, and access to high-performing schools, creating a competitive market with limited supply. Recent price trends show robust growth across both houses and units, supported by extremely low vacancy rates and strong rental yields. Future growth is anchored in its lifestyle appeal and proximity to the city, though persistent supply constraints and economic sensitivity remain key considerations for the market’s trajectory.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
108m²
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