14/32-36 Hornsey Road Homebush West NSW 2140

14/32-36 Hornsey Road Homebush West NSW 2140
2 bed apartment freshly listed |113mΒ² strata lot |Flood overlay noted |Aligns with $745k local 2-bed median|This 2 bedroom, 2 bathroom apartment on a 113mΒ² lot suits couples or professionals prioritising school access and urban convenience. The generous internal layout relative to its lot size delivers practical living space in a well-maintained block, with a quiet corner position enhancing privacy amid Hornsey Road’s residential flow. Its single secure parking space addresses a key need in an area where off-street parking remains valued. Buyers drawn to similar 2-bedroom units here often include young families leveraging the nearby public school catchment or downsizers seeking low-maintenance holdings. Recent sales data for comparable apartments within 4km show medians around $745,000, positioning this one competitively given its recent 2021 transfer and current $704,000 guide. The flood overlay introduces a diligence factor for risk-averse purchasers, yet reliable NBN and 5G coverage bolster everyday appeal. Long-term, its residential zoning under Strathfield Council supports steady holding value, as demand for established apartment stock persists in this pocket. Market behaviour indicates quick turnover for well-priced entries like this, especially with no bushfire or heritage constraints. Overall, it holds firm as a pragmatic entry amid tightening local supply.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Homebush West is drawing buyers with WestConnex/Metro convenience, Olympic Park adjacency and cheaper entry points than the inner west, keeping unit yields near 5.8% and crowding investors and first-home buyers. Stock remains controlled even as approvals climb, so short-term scarcity supports prices while the high renter/investor share keeps leasing demand solid ahead of the pipeline. Median houses are about $1.72m and units $630k after roughly 9.5% and 0.2% annual retreats, so the last six months feel softer yet still competitive for sub-$1.5m homes as buyers chase improved borrowing after recent rate cuts.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

113mΒ²

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