176/1 Thallon Street, Carlingford NSW 2118
176/1 Thallon Street, Carlingford NSW 2118
2-bedroom plus study, 2-bathroom apartment on the 8th floor. 110m² lot. Two full bathrooms. One car space. Heritage overlay applies. Parramatta council area.
This apartment occupies a distinctive position in Carlingford. The 8th floor elevation is genuinely uncommon for the suburb, which is dominated by low and mid rise stock. That height delivers privacy and a sense of separation that ground floor units simply cannot match. The heritage overlay adds a layer of character that newer buildings lack, which may appeal to buyers who want something with a bit of history rather than another identically finished tower. The study is a real bonus for a two bedroom floorplan, making this property particularly suited to professionals working from home or downsizers who still need a dedicated workspace. Rental demand for this configuration is strong, and the yield signals that investors would find it viable, though the owner occupier market is where the real value lies given the finish and floor level.
The heritage overlay is the factor most likely to shape this property’s value trajectory. It does not prevent sale or occupation, but it may restrict future alterations to the building envelope or common areas. Buyers should verify what exactly is protected and whether any planned upgrades to the building have been approved. The 2016 sale price of $796,000 is worth noting as a historical benchmark, but the market has shifted since then and current conditions are more cautious. The absence of confirmed building amenities like a pool or gym may narrow the buyer pool slightly, though for many the location and floor level compensate. The small lot size is typical for a high rise unit and should not be seen as a constraint, but it does mean there is no land component to drive long term capital growth.
Detailed Independent Property Report prepared by PropCred Analyst team for 176/1 Thallon Street, Carlingford NSW 2118
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
1
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Market Insight
Carlingford is a well-established northern Sydney suburb positioned as a family-focused community with strong educational appeal. Demand is driven by families seeking quality schools, alongside first-home buyers and downsizers attracted to its diverse housing mix. Recent price trends indicate a stabilising market following a correction, with long-term growth underpinned by its convenient location and community appeal. Future growth is supported by these enduring fundamentals, though risks include rental yields below the state average and a market valuation currently below its long-term trend.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
110m²
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