24/68 Davies Road, Padstow NSW 2211
24/68 Davies Road, Padstow NSW 2211
2-bed flat, 2-car parking, 164m² lot | Rare configuration for Padstow units | Ground-level footprint, leafy estate feel | Strong commuter appeal near station | Functional, not premium finish
This unit stands out for its generous land allocation and dual car spaces—a combination rarely found in Padstow’s apartment stock, where single parking is the norm. The 164m² lot suggests a ground-floor or townhouse-style layout, offering more outdoor potential and privacy than typical high-rise flats. Positioned within a low-rise estate dating from the early 2000s, it carries a modern, low-maintenance character that appeals strongly to first-home buyers, downsizers, and investors seeking entry into a transport-oriented suburb. The confirmed air conditioning and built-in robes add practical comfort, while the north-eastern aspect and parkside outlook seen in comparable units hint at a pleasant, light-filled setting. This property serves buyers who prioritise space, parking, and station access over polished finishes.
The value may hinge on the actual floor level and renovation state, neither of which is confirmed. If the interior remains dated, a modest budget for updates could lift appeal and rental return. The 2-car configuration is a genuine advantage in a station catchment, potentially justifying a premium over similar one-car units. However, the lack of verified upgrades or standout views means pricing should reflect functional quality rather than luxury positioning. The estimated weekly rent of $560–$650 supports steady investor interest, but the final price will likely depend on how the property presents in person against comparable sales in the same estate.
|| Comparable Sales: 45/68 Davies Road (2-bed, 1-car) sold April 2023, price undisclosed; 8/68 Davies Road (4-bed townhouse) valued near $2.3M | Property Price Band: $600K–$700K | Value Drivers: 2-car parking, land size, proximity to station and park
Detailed Independent Property Report prepared by PropCred Analyst team for 24/68 Davies Road, Padstow NSW 2211
Checks found:
Value Risk
✕
2
Liquidity Risk
✓
Planning Risk
✓
Income Risk
✕
2
Execution Risk
✓
Market Insight
Padstow is a well-established family suburb with strong transport links, anchored by a mature demographic profile. Demand is driven by owner-occupiers, particularly families, seeking its established amenity and school catchments. The market demonstrates solid growth with houses in high demand and a notably resilient unit sector. Future performance is supported by consistent transactional volume and its established infrastructure, though high entry prices and sensitivity to broader economic conditions present constraints on affordability and supply.
PropCred Estimated Value
Comparable Sales: 45/68 Davies Road (2-bed, 1-car) sold April 2023, price undisclosed; 8/68 Davies Road (4-bed townhouse) valued near $2.3M | Property Price Band: $600K–$700K | Value Drivers: 2-car parking, land size, proximity to station and park
Bedrooms
2
Bathroom
1
Parking
2
Land
1.41 ha
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