2/68 Arab Road, Padstow NSW 2211
2/68 Arab Road, Padstow NSW 2211
Large 4-bed duplex on 681m² | 345m² internal, rare for attached housing | Strong family layout with dual parking | Flood overlay is a key planning constraint
This property stands out as an unusually substantial duplex, offering the space of a detached house with the lower maintenance of attached housing. At 345m² internally and on a 681m² parcel, it is significantly larger than typical villa or townhouse stock along Arab Road, which often sits on parcels under 350m². The 1989 build provides a solid, established structure, and the four-bedroom, two-bathroom configuration with double parking suits growing families who want room to spread out without buying a full house. It is best positioned for owner-occupiers seeking a long-term family home, as the combination of size, land, and school catchment access gives it broad appeal. The property’s scale and layout are its primary competitive advantages, making it a rare find in a market where similar footprints are usually detached and priced higher.
The flood overlay control is the most material factor to weigh, as it may influence insurance costs, renovation approvals, and future resale appeal. The 681m² land size offers potential for extension or reconfiguration, but any works would need to account for flood-related planning requirements. The 1989 build may require updates to kitchen, bathrooms, or finishes to match modern expectations, which could affect how quickly it sells and at what level. Buyers should also consider the rental estimate of $885 per week, which implies decent income potential if the property is ever leased, though the flood overlay might temper investor demand. The surrounding area’s family-oriented character and school proximity support stable long-term value, but the overlay remains the key variable in price formation.
|| Comparable Sales: 119 Arab Road sold $1.05M (2020); similar duplex stock nearby has traded in the $900K–$1.1M range | Property Price Band: $1.2M–$1.3M | Value Drivers: Land size and internal area, flood overlay impact, and condition of the 1989 build
Detailed Independent Property Report prepared by PropCred Analyst team for 2/68 Arab Road, Padstow NSW 2211
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
Padstow is a well-established family suburb with strong transport links, anchored by a mature demographic profile. Demand is driven by owner-occupiers, particularly families, seeking its established amenity and school catchments. The market demonstrates solid growth with houses in high demand and a notably resilient unit sector. Future performance is supported by consistent transactional volume and its established infrastructure, though high entry prices and sensitivity to broader economic conditions present constraints on affordability and supply.
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PropCred Estimated Value
Comparable Sales: 119 Arab Road sold $1.05M (2020); similar duplex stock nearby has traded in the $900K–$1.1M range | Property Price Band: $1.2M–$1.3M | Value Drivers: Land size and internal area, flood overlay impact, and condition of the 1989 build
Bedrooms
4
Bathroom
2
Parking
2
Land
681m²
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