106/5 Hadfields Street, Erskineville NSW 2043
106/5 Hadfields Street, Erskineville NSW 2043
Near-new design-led Erskineville apartment | premium Smeg/oak finishes | secure parking and lift access | strong owner-occupier appeal | confirm aspect
This apartment is positioned within a near-new, design-led complex regarded as a cut above most Erskineville stock. The interior is fitted with oak-engineered floors, Smeg appliances, stone benchtops, and ducted air conditioning, and the building is equipped with secure parking, lift access, and landscaped gardens. That premium, low-maintenance package is rarely found here, where much housing is older terraces and converted walk-ups. The property is best suited to professional couples, downsizers, and single buyers served well by a locked-and-leave lifestyle near Sydney Park, Erskineville village, King Street, and St Peters station. It is best understood as a quality-and-convenience purchase rather than a land play.
Value may be influenced by the orientation and floor level. A premium might be commanded by a higher corner position with good light and quiet aspect, while privacy might be traded more than outlook in a courtyard placement. The configuration of 76m² with one parking space is solid, but caution should be taken when comparing against larger two-level units.
Detailed Independent Property Report prepared by PropCred Analyst team for 106/5 Hadfields Street, Erskineville NSW 2043
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
URL has been copied successfully!
Market Insight
Erskineville, an inner-city Sydney suburb a short distance from the CBD, holds strong positional appeal, with location and lifestyle underpinning demand from professionals and owner-occupiers. House prices sit at $1.90–$1.95 million, with annual growth ranging from 1.5% to 4.6% depending on the data source; units are softer at a $1.05 million median, falling 3–5% annually. Houses move quickly, averaging 23 days on market, with 88–102 sales over the past year. Yields are thin for houses at 2.7–2.9%, but units offer a stronger 4.5–4.7%. The market is trading below its long-term trend, indicating undervaluation, yet conditions are fragile: house auction clearance is 45%, well under the NSW average of 67%. Future direction hinges on interest-rate movements and sales volume trends, with affordability and rate sensitivity the key constraint.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 404B/5 Hadfields sold $1.167M; 104D/5 Hadfields sold $1.365M | Listed Price Band: $1.1M–$1.2M | Value Indicator: layout and aspect, premium finishes, secure parking
Bedrooms
2
Bathroom
2
Parking
1
Land
1.29 acres
URL has been copied successfully!