116/1 Meryll Avenue, Baulkham Hills NSW 2153
116/1 Meryll Avenue, Baulkham Hills NSW 2153
2 bed 2 bath 1 car | 88mยฒ internal | strong owner-occupier complex | family-oriented pocket of Baulkham Hills
This unit sits in an established complex with a 60% owner-occupier ratio, a signal of stable building management and lower turnover risk compared to investor-heavy blocks. The 88mยฒ internal footprint is generous for a two-bedroom apartment, offering genuine separation of living zones and practical storage. Proximity to Jasper Road Public School and the balanced demographic profileโover a quarter of residents under 20โreinforces the area’s family appeal, making this unit suitable for owner-occupiers seeking school catchment access or investors targeting long-term family tenants.
The primary risk is the unit’s current off-market status, meaning any purchase would require a direct approach to the owner, potentially at a premium above the $668,000 2024 benchmark. The 1-hectare site lot likely refers to the entire development, not the unit, so buyers should verify strata fees and sinking fund health given the complex’s 149 properties. Opportunity lies in the 35-day average days on market for similar units, suggesting reasonable liquidity, and the recent sale provides a clear comparable for valuation negotiations.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 116/1 Meryll Avenue, Baulkham Hills NSW 2153
Market Insight:
Baulkham Hills is a premium family-focused suburb, attracting established buyers seeking larger homes and access to high-performing schools, while its apartment segment draws downsizers and first-home buyers. Demand is underpinned by this demographic diversity, supporting steady price growth across both houses and units in a balanced market. Future capital appreciation is anchored in its established appeal and historical performance, though high entry prices and comparatively lower rental yields present affordability and investment constraints.