213/4-12 Garfield Street, Five Dock NSW 2046
213/4-12 Garfield Street, Five Dock NSW 2046
generous 2-bed plus study | modern mixed-use complex | near Five Dock Metro | strong owner-occupier appeal | busy but convenient precinct
Generous floor area is offered by this two-bedroom unit, along with a separate study and two full bathrooms, a configuration that is seldom seen in Five Dock’s older apartment stock. The unit is positioned within a modern mixed-use complex, with the village retail precinct and supermarket located directly below and Great North Road’s cafés, restaurants, and transport stops within a short walk. The future Metro station is also a key part of the immediate context. A large undercover balcony, timber flooring, gas kitchen, and secure basement parking are included, and the property is best suited to owner-occupier downsizers and professional couples who are seeking a low-maintenance home with genuine space, a dedicated work-from-home area, and lift access in a walkable inner-west location.
The property’s value may be affected by its specific floor level and aspect, as these vary across the complex. Busier outdoor conditions might be encountered at some street-adjacent positions, while higher or corner units could be provided with more light and privacy. The substantial size of the overall site and the absence of flood or heritage constraints are positive signals, but the mixed-use character should be weighed against the convenience that is offered. A final view on price might be dependent on how the unit’s outlook and noise exposure are compared with others in the same building.
>> Comparable Sales: 2M/4-12 Garfield (1-bed) sold for $603k | Property Price Band: $1.0M–$1.1M | Value Drivers: generous layout, separate study, modern complex, Metro proximity
Detailed Independent Property Report prepared by PropCred Analyst team for 213/4-12 Garfield Street, Five Dock NSW 2046
Checks found:
Value Risk
✕
2
Liquidity Risk
!
1
Planning Risk
✓
Income Risk
✓
Execution Risk
✕
2
Market Insight
Five Dock is an established inner-west suburb with high-income earners and 65% owner-occupiers. Federation-era homes and a Great North Road strip anchor its appeal. Families, professionals and singles drive demand, drawn by parks and cafes, though flight-path noise persists. House medians are $2.79–$2.865m; growth ranges 2.4–8.1%. Units are near $1.16m, up 3.1–4.5%. Sales are thin (63–69 houses yearly) and the 30-day selling period signals tight supply. Gross yields are low-about 2% for houses and 3.5% for units. Future growth relies on limited turnover and amenity, but noise and low yields cap upside.