18/2A Carlyle Street Enfield NSW 2136

18/2A Carlyle Street Enfield NSW 2136
2-bedroom flat | 1391sqm site | Enfield catchment | auction 23 May This unit offers a rare positional advantage within a large strata site, where the 1391sqm lot suggests a lower density and potentially better natural light and airflow than typical Enfield apartment blocks. The combination of air conditioning, secure parking, and built-in robes meets the baseline expectations of owner-occupiers and investors alike, while the absence of heritage, flood, or bushfire overlays removes common deal-breakers. The property is best suited to first-home buyers or investors seeking a solid entry into the Burwood Council area with good school catchment appeal. The primary risk is the lack of recent comparable sales data and a zero percent auction clearance rate in the immediate market, which may indicate softening demand or pricing misalignment. Buyers should treat the estimated value of $739,000 as a ceiling and prepare to negotiate below it, especially given the property has been on market for only six days. The rental estimate of $645 per week provides a reasonable yield if purchased near the lower end of the range. This unit should be held as a long-term residential investment or owner-occupied starter home, with no immediate redevelopment potential expected.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Enfield presents a nuanced market with divergent trajectories between its housing and unit segments. The suburb’s housing market is stable but measured, with modest capital growth and a slower sales pace, suggesting a more cautious environment. In contrast, the unit market is experiencing robust growth, driven by strong investor appeal due to attractive rental yields. This dynamic indicates demand is bifurcated, with owner-occupiers focused on houses and investors actively pursuing units. Future performance will hinge on broader affordability pressures and the suburb’s ability to leverage its current positioning, though the unit market’s recent momentum provides a notable point of strength.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

1391mยฒ

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