1103/1 Mahogany Avenue, Macquarie Park NSW 2113
1103/1 Mahogany Avenue, Macquarie Park NSW 2113
larger floorplan than typical | parking and two bathrooms | suits professionals and downsizers | notable strata costs for this size
A larger-than-average floorplan is provided by this 105 sqm apartment, which is considered rare among Macquarie Park’s typically compact two-bedroom units. The inclusion of parking and two bathrooms is seen as particularly attractive to professional couples or downsizers who prioritize space and convenience. When situated in an urban, transit-connected precinct, this property is expected to appeal strongly to both owner-occupiers seeking a comfortable home and investors targeting a reliable rental pool. The configuration and location are combined to serve a buyer who values practical size and accessibility over minimal outgoings.
The substantial strata levies are noted as a factor that may affect the property’s sale price, especially for investors focused on yield. While the larger floorplan is an advantage, the value might be moderated if the building’s age or amenities are less competitive than anticipated. These elements should be weighed when forming a view on price.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 1103/1 Mahogany Avenue, Macquarie Park NSW 2113
Market Insight:
Macquarie Park presents a nuanced market, currently positioned with softening unit prices and a noted decrease in house sales activity. Recent trends indicate a cooling period, particularly for units, while houses show more moderate movement. This environment may attract strategic buyers seeking value, with future prospects likely tied to broader economic conditions and local supply dynamics.