201/120 Herring Road, Macquarie Park NSW 2113
201/120 Herring Road, Macquarie Park NSW 2113
metro access hidden in walk time | minimal living space at 62m² | no flood or bushfire risk confirmed | price sits inside a tight comparable band near comparable 1201/120 at median estimate of $616k
The decision to proceed with this unit carries limited downside if you value the specific combination of apartment condition, building age, and immediate infrastructure access. The 62m² internal area places a ceiling on capital appreciation relative to larger units in the same building, yet the 2019 completion and presence of gym, media room, and GoGet car share reduce ongoing maintenance risk. The median price range from comparable unit 1201/120 provides a reliable reference point, and the rental yield at mid-$670 per week indicates a functional investment. Hold for stable occupancy or use as a first home purchase with low holding costs.
The buying case rests on the unit’s proximity and building quality. The northeast orientation and neutral interior mitigate re-sale discount risk, while the Miele kitchen and ducted air-conditioning are rare in this price tier. The catchment for Kent Road Public School and Epping Boys High School adds educational stability absent from many nearby apartments. This property serves best a buyer who prioritises commuting efficiency and amenity over raw square footage. Obtain a physical inspection to confirm the 62m² floorplan and check strata levies before exchanging, as these two factors will define your holding cost.
Detailed Independent Property Report prepared by PropCred Analyst team for 201/120 Herring Road, Macquarie Park NSW 2113
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Macquarie Park presents a nuanced market, currently positioned with softening unit prices and a noted decrease in house sales activity. Recent trends indicate a cooling period, particularly for units, while houses show more moderate movement. This environment may attract strategic buyers seeking value, with future prospects likely tied to broader economic conditions and local supply dynamics.
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PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
1
Land
2746m²
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