214/75B Grima Street, Schofields NSW 2762
214/75B Grima Street, Schofields NSW 2762
2-bed/2-bath apartment | modern estate setting | parkland outlook | strong station and school access | secure low-maintenance layout
This apartment is positioned as a well-configured two-bedroom unit in a modern estate, with secure parking, a balcony, and a practical layout that suits first-home buyers, young couples, and investors. The estate’s landscaped setting and proximity to the station, shops, and parkland are considered stronger than typical infill apartment offerings in the suburb. The catchment position for Galungara Public School and Wyndham College adds family appeal, while the low-maintenance format is well matched to downsizers looking for a lock-and-leave home. Overall, the balance of size, amenity, and location places it above the basic apartment stock in Schofields.
Some variation in internal size and build year is recorded across the complex, so the actual floor area and finish level of this unit may differ from the advertised figure. The exact floor level is not confirmed, and that may affect natural light, outlook, and price. A higher level with a park view could command a premium, while a lower setting with reduced privacy might be less distinctive. Strata fees, the building stage, and whether the finishes reflect the newer marketed standard are worth weighing when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 214/75B Grima Street, Schofields NSW 2762
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
This Sydney suburb is an established, affluent market where high household incomes and a strong owner-occupier presence drive demand. Houses trade at a median around $1.27 million with modest 1-2% annual growth, while units average $602,500-$636,500 and have slipped slightly year-on-year, reflecting a softer segment. Homes sell quickly, in roughly 30-34 days, indicating healthy buyer interest but tight supply. Rental yields are thin for houses at about 3.2%, stronger for units at 5-5.7%, but the high 87% mortgage ownership rate leaves the market exposed to rate cycles. The flat-to-negative unit trend and elevated price points present the main constraints.
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PropCred Estimated Value
Comparable Sales: 412/75B Grima Street sold for $580,000; 217/75B Grima Street sold for $730,000 | Property Price Band: $600K–$700K | Value Drivers: floor level and outlook, internal size/condition, estate amenity
Bedrooms
2
Bathroom
2
Parking
1
Land
1.34 ha
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