17/14-16 Campbell Street, Northmead NSW 2152
17/14-16 Campbell Street, Northmead NSW 2152
100m² two-bedroom apartment | resort-style pool complex | Northmead school catchment | 2015 sale at $545k | strong yield potential
This apartment stands out for its generous 100m² floorplan, which is notably larger than typical two-bedroom units in Northmead. The configuration with two bathrooms, secure parking, and private outdoor space appeals strongly to owner-occupiers and investors alike. The resort-style swimming pool and shared amenities elevate the living experience above basic apartment stock, while the location within Northmead Public School and Northmead Creative and Performing Arts High School catchments adds family-oriented appeal. This property serves best for downsizers seeking low-maintenance living with space, first-home buyers wanting room to grow, or investors targeting a yield around 5% based on estimated rent of $640 per week. The prior 2015 sale provides a useful historical benchmark for price growth assessment.
The property’s position within a larger multi-unit complex means strata levies and shared facility costs may affect ongoing affordability, though these are not disclosed. The absence of floor level and aspect information could influence liveability and resale appeal, as ground-floor units may face privacy or noise concerns while top-floor options might command a premium. The unit turnover in Northmead appears active, but without direct comparable sales for this specific complex, price positioning requires careful consideration of the generous floor area against potential body corporate obligations. Buyers might weigh the value of the 100m² space against newer apartment stock that may offer smaller floorplans but lower ongoing costs.
Detailed Independent Property Report prepared by PropCred Analyst team for 17/14-16 Campbell Street, Northmead NSW 2152
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Northmead is a well-established, family-oriented suburb in Sydney’s west, benefiting from its proximity to the Parramatta employment hub. Demand is driven by young professional families and established purchasers, drawn by its stable community and connectivity. The housing market exhibits strong capital growth, with a competitive sales environment and houses transacting relatively quickly. Future performance is underpinned by sustained demand from its core demographic, though affordability constraints and limited stock present headwinds, with lower-yielding houses particularly sensitive to interest rate movements.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
1.03 ha
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