17/14-16 Campbell Street Northmead NSW 2152

2-bed, 2-bath flat | Northmead | Parramatta council | 1.03ha site | pool & spa complex This unit offers a rare configuration edge for a two-bedroom flat: dual bathrooms and a private courtyard plus balcony, features that typically command a premium in the Northmead market. The in-ground pool, outdoor spa, and entertainment areas lift the complex above standard apartment stock, appealing directly to owner-occupiers seeking lifestyle amenity without a house-sized commitment. For an investor, the Parramatta LGA zoning and school catchment alignment (Northmead Public and Creative Arts High) support stable tenant demand. The 100m² floorplan is generous for a flat, and the built-in robes, dishwasher, and air conditioning mean minimal immediate upgrade spend. The primary risk is the 2014 purchase price of $545,000 — the current valuation of $667,000 implies modest annual growth of roughly 2.5%, underperforming Sydney’s median over the same period. This suggests the property may have already absorbed its location-based upside. Buyers should price the offering at the lower end of the valuation range to preserve future equity. The 1.03-hectare lot is shared across the complex, so no individual land component exists; capital growth will track the broader unit market, not detached housing. Hold for steady rental yield at $645/week (approx. 5% gross) rather than short-term appreciation.