108 Alex Avenue, Schofields NSW 2762
108 Alex Avenue, Schofields NSW 2762
Detached house on 340m² | Mid-sized Alex Avenue block | Family-oriented masterplanned precinct | Proximate to station, schools, parks | Compact modern footprint
This property holds a clear competitive edge in Schofields’ new-family housing market: a detached house on a 340m² block in the Alex Avenue precinct, a planned estate that has sold through and now offers established streetscape consistency. The configuration suits buyers seeking a low-maintenance, contemporary family home without the strata constraints of townhouse living. It sits mid-spectrum for lot size locally—larger than infill-style parcels, smaller than premium holdings—which positions it as a practical, accessible entry into detached stock. The precinct’s mix of two-storey homes, nearby childcare, primary schools, and medical services reinforces its appeal to young families and upgraders prioritising commute access to Schofields Station and Tallawong Metro over expansive land.
The value picture may hinge on how the home’s internal specification compares with neighbouring new builds, as the precinct’s newer stock commonly includes ducted air conditioning, stone kitchens, and covered alfresco areas. A 340m² block supports modest outdoor space, so presentation and layout efficiency will likely drive buyer perception more than land area. The street’s varied lot sizes—from 228m² to over 1,400m²—mean immediate context could influence perceived value, with tighter parcels potentially capping upside. Rental demand appears steady given family-oriented amenity, though yields sit in a moderate range, suggesting owner-occupier competition rather than investor-driven pricing. Buyers should weigh whether the home’s finishes match the precinct’s typical standard, as that alignment will shape resale appeal.
Detailed Independent Property Report prepared by PropCred Analyst team for 108 Alex Avenue, Schofields NSW 2762
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
This Sydney suburb is an established, affluent market where high household incomes and a strong owner-occupier presence drive demand. Houses trade at a median around $1.27 million with modest 1-2% annual growth, while units average $602,500-$636,500 and have slipped slightly year-on-year, reflecting a softer segment. Homes sell quickly, in roughly 30-34 days, indicating healthy buyer interest but tight supply. Rental yields are thin for houses at about 3.2%, stronger for units at 5-5.7%, but the high 87% mortgage ownership rate leaves the market exposed to rate cycles. The flat-to-negative unit trend and elevated price points present the main constraints.
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PropCred Estimated Value
Comparable Sales: 139A Alex Avenue sold at $1.465M on 412m²; 30A Alex Avenue estimated around $1.34M on 289m² | Property Price Band: $1.2M–$1.3M | Value Drivers: condition and internal upgrades, land size relative to street mix, proximity to schools and transport
Bedrooms
4
Bathroom
2
Parking
2
Land
340m²
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