20/15-19 Toongabbie Road, Toongabbie NSW 2146
20/15-19 Toongabbie Road, Toongabbie NSW 2146
3-bedroom flat in Toongabbie | dual-bathroom layout | one of the larger units in the complex | double balcony with inner views
This flat’s competitive edge lies in its uncommon three-bedroom, two-bathroom configuration within a 130m² lot—rare for the area and appealing to owner-occupiers seeking space without a house price. The double-width balcony and split-system air conditioning add genuine liveability, while the gourmet kitchen with gas cooking signals a higher finish than most comparable units. It suits downsizers or young families priced out of Toongabbie’s detached housing market, where demand remains steady due to the suburb’s transport and school catchment advantages.
The main risk is the single open car space, which may deter dual-vehicle households and limits appeal to investors targeting tenants with cars. No bushfire or flood overlay reduces insurance costs, but the 2019 purchase at $650,000 suggests limited capital growth in a flat market—buyers should negotiate hard on the current price range. FTTP broadband is a minor plus for remote workers. Hold this as a long-term owner-occupied home or rent it to a family; short-term flipping is not supported by recent sales data.
Detailed Independent Property Report prepared by PropCred Analyst team for 20/15-19 Toongabbie Road, Toongabbie NSW 2146
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
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Market Insight
Toongabbie presents a compelling market for owner-occupiers, particularly young professional families, who dominate its stable, mortgage-holding demographic. This demand underpins solid house price growth, though the unit segment currently faces headwinds with softening values. The suburb’s position below its long-term trend suggests potential, yet the divergence between robust houses and weaker units highlights a key risk of segment-specific supply or demand imbalances.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
130m²
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