210/120 Herring Road, Macquarie Park NSW 2113

210/120 Herring Road, Macquarie Park NSW 2113
One-bedroom in premium Macquarie Park complex | Built 2019 with full amenity set | Walk to university and train | Strong rental demand from young professionals. This property occupies a rare position in Macquarie Park: a modern one-bedroom in a 2019 TOGA-built complex with genuine walkability to the university and train station. The 52โ€“62mยฒ floorplan is generous for a one-bedroom, and the balcony access from the bedroom, stone benchtops, and Miele appliances signal a finish that competes well against newer stock. It serves the investor or first-home buyer seeking low-maintenance exposure to a corridor where 62% of the local population is aged 20โ€“39โ€”a demographic that drives consistent rental demand. The building’s gym, media room, and barbecue area reduce the need for external facilities, and the 50/50 owner-renter split suggests balanced occupancy without overexposure to investor churn. The key risk is the floor-size discrepancy between listingsโ€”52mยฒ versus 62mยฒโ€”which can affect valuation benchmarks and lender appetite. Without a car space, the property narrows its buyer pool to those who prioritise transit over parking, though the train station being walking distance partly offsets this. The last sale was in 2016, so there is no recent price anchor; the March 2026 value estimate of $624,000 should be stress-tested against comparable sales in the same complex. The absence of flood or bushfire overlays is a minor positive. Hold this property as a core rental holding with a target yield above 5.5%โ€”the location and build quality support long-term capital stability, not rapid appreciation.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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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

-

Land

62mยฒ

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