1504/1 Mahogany Avenue, Macquarie Park NSW 2113
1504/1 Mahogany Avenue, Macquarie Park NSW 2113
High floor north-east aspect | 101sqm internal | Fraser built | Kent Road PS catchment
The 101sqm internal area is notably generous for a two-bedroom apartment, exceeding typical new stock and providing genuine liveability. The north-east high-floor orientation captures morning sun and afternoon light without western heat, a configuration that commands premium resale. The Fraser Property build quality and Ryde council location add structural confidence. This property suits owner-occupiers seeking space and light, or investors targeting the family-oriented catchment tenant profile.
The primary risk is the 2020 purchase price of $970,000, which may anchor vendor expectations above current market. The absence of heritage or flood overlays reduces holding risk. Rental potential around $940 per week supports a buy-and-hold strategy if negotiated within the valuation range. The broadband and 5G coverage are secondary conveniences. Hold for medium-term capital growth driven by location fundamentals.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
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.