1713/3 Carter Street Lidcombe NSW 2141
1713/3 Carter Street Lidcombe NSW 2141
3 bed apartment |Sold $1.03m in 2021 |Now for sale |4027mΒ² strata lot | Suits couples or small families seeking spacious apartment living with secure parking and school access. This three-bedroom apartment on a 4027sqm strata lot offers practical space for everyday living, including air conditioning, dishwasher and gym facilities within the complex. Positioned in a high-rise on Carter Street, it blends into a street dominated by similar apartments, from one-beds around $900k to three-beds pushing $1m. Buyers drawn to it typically include professionals or downsizers who value the two secure car spaces and reliable 5G plus fibre connectivity amid Parramatta’s residential growth. Comparable units in the building have held firm, with two-beds fetching $888k-$977k recently, signaling steady demand for larger configurations like this. Its 2021 sale at $1.03m underscores resilience, even as smaller units trade lower, positioning it well for repeat interest from owner-occupiers. Long-term appeal stems from no flood or bushfire risks, plus catchment for Newington Public and Homebush Boys High, supporting family holding value. In a market favoring secure, low-maintenance options, this stands out for its generous lot allocation relative to peers. Market behaviour suggests quick turnover for three-beds here, especially with city views adding subtle premium.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Demand is driven by LidcombeΒs direct rail connectivity, the Carter Street precinct transformation and multicultural buyers chasing convenient access to Parramatta, plus new mixed-use sites adding inventory. People are buying for assured rental demand from commuters, the transit-oriented lifestyle and the fact the suburb has sustained double-digit growth so values remain on a consistent upward trajectory over the past six months. The main risk is planning uncertainty around higher-density TOD proposals and pressure on local services, yet redevelopment nodes and infrastructure-led renewal keep the outlook positive.