22/165-167 Herring Road, Macquarie Park NSW 2113
22/165-167 Herring Road, Macquarie Park NSW 2113
22/165-167 Herring Road, Macquarie Park. 2 bedrooms, 1 bathroom, 1 parking space. Air-conditioned living area with gas cooking. Secure building. Unit 22 suggests an upper floor position.
This unit is positioned well below the typical price point for two-bedroom apartments in Macquarie Park, which makes it a rare entry-level opportunity in a suburb dominated by newer, more expensive stock. The older building configuration and lack of resort-style amenities are actually an advantage for buyers who prioritise location over luxury finishes. It serves the practical buyer best — a young professional working in the nearby business park or a couple wanting secure, low-maintenance living within walking distance of the train station. The air-conditioned living area and gas cooking are functional upgrades that add genuine daily comfort, while the built-in wardrobe in the main bedroom is standard but expected at this price level. The property is competitively priced to reflect its age and simpler specification, not its location.
The building’s age, with a last sale in 2008, may mean the unit has older fixtures, less efficient insulation, or higher ongoing strata levies compared to newer complexes. The single bathroom and one parking space are constraints for some buyers, particularly if the property is being considered as a long-term family home. The collective land size of 1,362 m² for the complex suggests a low-rise configuration, which may limit future capital growth compared to high-density developments with better amenities. Buyers should weigh the lower purchase price against the possibility of needing to budget for updates to the kitchen or bathroom within the next few years. The lack of a lift or on-site gym is not a drawback for everyone, but it does narrow the pool of potential future buyers.
Detailed Independent Property Report prepared by PropCred Analyst team for 22/165-167 Herring Road, Macquarie Park NSW 2113
Checks found:
Value Risk
✕
2
Liquidity Risk
!
1
Planning Risk
✕
2
Income Risk
✓
Execution Risk
✕
2
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.
PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
1362m²
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