2/25-27 Kiora Road, Miranda NSW 2228

2/25-27 Kiora Road, Miranda NSW 2228
Oversized villa-style unit | Central Miranda location | Secure complex with amenities | Tranquil garden aspect This property presents a competitively strong offering due to its oversized floor plan, a rarity in the unit market that provides a living experience more akin to a townhouse. The villa-style layout with private courtyard and dual living areas, combined with premium complex amenities like a pool and gym, positions it above typical Miranda apartments. It serves buyers seeking space and comfort in a central location, close to transport and retail, without compromising on security or community facilities. The primary risk is the discrepancy in recorded internal area, which requires immediate clarification as it impacts value assessment. The established complex mitigates major capital works risk but entails strata fees. The opportunity lies in acquiring a uniquely configured property that may appreciate on its scarcity, not just market movement. This unit is a hold for the long-term, suited for an owner-occupier who values space over a pure investment yield. Recent sales for standard 2-bedroom units in Miranda average $845k, with properties typically selling within 22 days. This unit’s significantly larger size and villa-style format command a premium above this baseline, justifying its search band.

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

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Market Insight:

Miranda presents as a well-established, family-oriented suburb with a balanced mix of owner-occupiers and renters, supported by a diverse housing stock. Demand is primarily driven by families seeking larger homes, attracted by the area’s amenities and school catchments. The housing market demonstrates solid growth and competitive conditions, while the unit segment offers more accessible entry points. Long-term fundamentals are positive, though affordability for houses remains a key consideration alongside the suburb’s current position relative to its long-term value trend.
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PropCred Estimated Value

Bedrooms

Bathroom

Parking

1

Land

1.59 acres

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