211/2-8 Hazlewood Place, Epping NSW 2121
211/2-8 Hazlewood Place, Epping NSW 2121
Rental shortfall risk | strata levy uncertainty | 109sqm but only 93sqm floor | 50% renter concentration
The property carries a genuine rental shortfall risk. At a median $810 per week, an $800,000 purchase yields 5.3% gross-below the 6% institutional threshold for small apartments. That gap costs roughly $200 monthly in negative carry. The 50% renter concentration on Hazlewood Place signals weaker owner-occupier demand, which compresses capital growth relative to lower-density streets. Yet the 109sqm total area-with 93sqm floor-is 20-30% larger than typical Epping two-bedroom units, offering rare internal amenity that holds value better during downturns. This is a hold-for-income property, not a flip.
What makes this unit competitively strong is the combination of size and position. Most Epping units trade at 60-70sqm; this one gives genuine two-living-zone separation with an east-facing balcony that draws morning light without western heat gain. The dual bathroom layout and secure parking with cage are increasingly scarce in new stock above Epping Station. It serves downsizers from nearby Cheltenham or families wanting a Epping Heights school catchment foothold before upgrading. The floor-footprint advantage and strata location on a quiet cul-de-sac create a defensible position that justifies a premium over the $805,000 unit median.
The most telling data is the 71% auction clearance in a market with 367 units sold this year-that signals active demand rather than distressed turnover. A buyer who secures this near the valuation mid-point is buying below replacement cost for comparable floor area in a zone with FTTP infrastructure and five-year school catchment stability.
Detailed Independent Property Report prepared by PropCred Analyst team for 211/2-8 Hazlewood Place, Epping NSW 2121
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Epping is positioned as a major urban renewal hub, with significant densification planned near its transport node, driving long-term transformation. Demand is underpinned by this substantial public investment in new housing and infrastructure, attracting buyers focused on future potential. Recent price trends show solid house growth, though the unit market is more subdued, with houses transacting at a steady pace. Future growth is directly linked to the execution of the renewal plan, while the key constraint remains the market’s absorption of the substantial new supply being introduced.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
1.12 acres
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