2/124 Princes Highway, Fairy Meadow NSW 2519
2/124 Princes Highway, Fairy Meadow NSW 2519
compact 2012 one-bedroom | flood overlay recorded | car space included | fairy meadow school zone | wollongong corridor access
This compact one-bedroom apartment, built in 2012, is positioned within the Fairy Meadow school catchment and includes a dedicated car space, a notable advantage for a property of its size. Its relatively modern construction and location along a main corridor provide convenience to Wollongong amenities. The configuration is most suited to first-home buyers or investors seeking a low-maintenance entry point with rental appeal. The car space broadens its attraction to professionals and downsizers, while the newer build year reduces immediate maintenance concerns.
A flood overlay has been recorded for this property, which may be a material consideration for buyers as it could affect insurance costs and buyer sentiment over time. The small lot size is typical of apartment titles but may be unfamiliar to those accustomed to larger parcels. Proximity to a main road might influence noise levels, though convenience is gained. These factors should be weighed when forming a view on value, as they may influence long-term demand and resale potential.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/124 Princes Highway, Fairy Meadow NSW 2519
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Fairy Meadow presents a balanced market with strong underlying demand, evidenced by consistent sales activity and a tight rental vacancy. House prices demonstrate robust growth, while the unit market offers relative affordability and higher rental yields, appealing to investors. This demand is supported by the suburb’s established infrastructure links. Future growth is underpinned by sustained capital appreciation, though a recent increase in listing stock suggests a potential shift in supply dynamics that warrants monitoring.
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PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
1
Land
23m²
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