204/230 Victoria Road Gladesville NSW 2111
204/230 Victoria Road Gladesville NSW 2111
Two-bedroom unit | $881k valuation | $880/week rental potential | Near-new architect-designed
This two-bedroom apartment on a 102 square metre lot represents the modern inner-suburban apartmentdwelling targeted at owner-occupiers seeking low-maintenance living or investors pursuing yield in an established pocket near Gladesville’s shopping and transport nodes.
The property last transacted at $740,000 in July 2020, placing the current $881,000 valuation at a meaningful uplift over six years. That trajectory reflects broader Sydney market movement, though it also signals genuine demand for compact, well-designed units in this catchment. The apartment appears positioned as near-new construction with architect credentials, a factor that typically sustains appeal among buyers who value considered layout and material quality over size alone. The north-west aspect and study area cater to remote workers or couples, a demographic segment that has become more pronounced in metro Sydney since the pandemic period.
Rental income potential of $880 per week indicates a gross yield approaching five percent, a competitive figure for this area and attractive to investor buyers. The location advantage is material here: the property sits within walking distance of Gladesville Shopping Village, bus transport, schools, and medical facilities, which typically supports both tenant demand and capital retention. Properties of this type and scale in established middle-ring suburbs tend to perform well during market consolidation phases, when buyers trade down from larger holdings or upsize from apartments closer to the city.
The one allocated car space and fibre connectivity are functional rather than exceptional, though they meet contemporary expectations for urban convenience. Given the strata arrangement and modest land footprint, this property appeals to downsizers, investors, and professionals prioritising proximity over land bank, rather than families or buyers seeking renovation potential.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Gladesville remains in demand thanks to its Lower North Shore lifestyle, riverside parks, well-serviced village precinct and transport links, attracting families, downsizers and investors seeking stable catchments. Steady rent growth and tight inventory support ongoing momentum while constrained supply offers upside, even as affordability pressure and rate sensitivity keep new buyers selective. Prices have edged higher over the past six months, with both houses and units holding firm as limited opportunities fuel competition.