204/1A Lemon Tree Avenue, Melrose Park NSW 2114

204/1A Lemon Tree Avenue, Melrose Park NSW 2114
Nearly new unit | north-east aspect | winter garden access | separate study | low-maintenance precinct This unit presents a competitively strong configuration for its suburb, with its separate study and winter garden access creating a functional edge over standard one-bedroom layouts. These features, combined with premium finishes, position it for a professional or first-home buyer seeking a low-maintenance residence in a developing, owner-occupier dominant area. Its pricing within the suburb’s average band for one-bedroom units suggests a market-aligned entry point without a scarcity premium. Proceed with the understanding that quarterly strata fees are notably high, directly impacting holding costs and investment yield. The zero auction clearance rate and lack of recent comparable sales data for the building introduce valuation uncertainty. This property is best acquired as a medium-term home with a view to area development, not as a short-term investment. Secure it only at the lower end of the listed search band to buffer against opaque market momentum.
Detailed Independent Property Report prepared  by PropCred Analyst team for 204/1A Lemon Tree Avenue, Melrose Park NSW 2114
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Melrose Park is an established, high-value suburb experiencing significant demographic expansion, driven by affluent professionals seeking premium housing. This demand has sustained strong capital growth in the housing market, though recent conditions indicate a tightening of supply with limited turnover. Future growth is underpinned by sustained population influx and its established appeal, yet the market faces constraints from its high price point and sensitivity to broader economic factors influencing leveraged homeowners.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

Bathroom

Parking

1

Land

1.34 acres

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat