170/1 Brown Street, Ashfield NSW 2131

170/1 Brown Street, Ashfield NSW 2131
This is a three-bedroom, two-bathroom apartment with two secure car spaces, built in 2003. The internal area is approximately 224 square metres, which includes a large north-facing terrace with covered alfresco dining. The property sits within a resort-style complex featuring an in-ground pool and is located in the Inner West Council area with a heritage overlay. What is competitively strong here is the sheer size and configuration. A three-bedroom, two-bathroom apartment with two car spaces is rare in Ashfield, and the 224 square metres places this firmly in house-sized territory. The north-facing terrace with covered dining is a genuine standout feature, offering year-round outdoor living that most apartments cannot match. The resort-style pool adds a lifestyle element that appeals strongly to families and professionals who want space and amenity without a freestanding house. This property serves buyers who are upgrading from a smaller unit but are not ready for a full house, or investors targeting the premium rental market where tenants will pay for space and facilities. Several factors may affect how this property is valued. The heritage overlay on the complex could restrict external alterations or future renovations, which might limit some buyers’ willingness to pay a premium. The strata arrangement for a property of this size also means ongoing levies, and the resort-style pool will contribute to higher quarterly costs than a standard block. The internal area discrepancy between sources suggests the 224 square metre figure likely includes the terrace, so a buyer should confirm the exact floor area split between internal and external space. These are not dealbreakers, but they are worth weighing when forming a view on price.
Detailed Independent Property Report prepared  by PropCred Analyst team for 170/1 Brown Street, Ashfield NSW 2131
Checks found:
Value Risk ✕ 2
Liquidity Risk ✕ 2
Planning Risk ✕ 2
Income Risk ✓
Execution Risk ✕ 2
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Market Insight

Ashfield’s Inner West location attracts a young, professional demographic, driving strong demand for its predominantly apartment-based housing. This active market, characterised by high sales volumes, has delivered solid price growth, particularly for units. Future prospects are supported by sustained buyer interest, though affordability pressures and a constrained supply pipeline present notable headwinds for continued expansion.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

2.08 acres

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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