105A/1-9 Allengrove Cres, North Ryde NSW 2113

105A/1-9 Allengrove Cres, North Ryde NSW 2113
2 bed 2 bath 1 car apartment | Ryde council | FTTP and 5G connected | 1.21 ha strata parcel | modern finishes with balcony and ensuite This apartment sits within a well-established apartment corridor on Allengrove Crescent, a street with substantial stock depth that signals consistent demand from both owner-occupiers and investors. The 2 bed 2 bath 1 car configuration is a strong owner-occupier and downsizer fit, particularly with the inclusion of an ensuite, built-in robes, floorboards, and air conditioning. The property is served by FTTP NBN and 5G mobile coverage, which supports both remote work appeal and tenant demand. It sits within the catchments of North Ryde Public School and Ryde Secondary College, adding to its family-oriented buyer draw. The modern finish presentation and balcony further lift its livability compared to older stock in the area. The property sits on a 1.21 ha strata parcel, which may affect future levy costs or building management complexity depending on the strata scheme’s financial health and sinking fund position. No flood, bushfire, or heritage overlays were detected, which removes common risk factors that can affect insurance and resale. The implied gross yield from estimated rent and valuation figures sits around 5.3%, which is reasonable for this apartment type in North Ryde. However, without confirmed build year or floor level, the property’s age and aspect remain unknowns that could influence light quality, noise exposure, and long-term maintenance expectations. A buyer should weigh these gaps when forming a price view.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 105A/1-9 Allengrove Cres, North Ryde NSW 2113
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Market Insight:

North Ryde presents a dual market, with houses demonstrating robust capital appreciation while units face significant headwinds. Demand is underpinned by consistent transactional volume and strong household incomes, suggesting a stable owner-occupier base. The house market is appreciating solidly, though a slower sales velocity indicates selective buyer caution. Future growth is linked to its established connectivity, but the stark divergence between asset classes and the unit market’s correction pose clear valuation risks.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

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