26/342A Marrickville Road, Marrickville NSW 2204
26/342A Marrickville Road, Marrickville NSW 2204
2/2/1 oversized apartment | NE-facing terrace | opposite library & village | stable owner-occupiers | heritage conservation area
An oversized 120m² layout is provided, and this two-bedroom apartment is placed above typical local unit stock. A house-like feel is given by north-east light and an entertainer’s terrace, a combination rarely paired with strata convenience. An easy lifestyle is supported by its walkable position opposite Marrickville Library and near the station. A stable complex is signaled by long owner-occupier tenure. Professional couples, downsizers, or young families wanting extra space without leaving the apartment market are best served by this apartment. Older, more compact competitors are overtaken by its modern finishes and dual bathrooms.
External changes and future redevelopment potential may be limited by heritage conservation controls. Traffic noise might be introduced by main-road proximity. Private land control is limited by strata ownership, though appeal is added by the terrace and layout. Value may be influenced by finish condition and downsizer demand.
>> Comparable Sales: 1/342A Marrickville Road sold for $925,000 in 2020; 31/342A sold for $1,167,000 in 2019 | Property Price Band: $1.1M-$1.2M | Value Drivers: Oversized layout, NE-facing terrace, modern finishes
Detailed Independent Property Report prepared by PropCred Analyst team for 26/342A Marrickville Road, Marrickville NSW 2204
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
1
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Market Insight
Marrickville holds a firm position in Sydney’s Inner West, with houses dominating the mix at 65% and units at 35%. Demand is driven by a diverse buyer base attracted to urban convenience, proximity to the CBD, parks, high-performing schools, and a strong café culture. House prices have climbed to roughly $2.2–$2.25 million, with annual growth ranging from 5.9% to 9.3% across sources; units sit around $960,000–$990,000 with growth between 2.5% and 7.1%. The market remains tight: houses sell in 30–42 days, vacancy is extremely low, and annual house sales hover near 200. Rental demand supports yields, with houses around 2.5–2.8% and units near 3.7–4.1%. Future growth is underpinned by limited supply and sustained excess demand, but affordability constraints and recent economic softening temper the pace. Supply shortages will keep conditions competitive for buyers.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
1774m²
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