28/2 Parkes Road, Artarmon NSW 2064

28/2 Parkes Road, Artarmon NSW 2064
Courtyard apartment in a strong lower north shore pocket | 2-bedroom layout with separate garage | Within Artarmon Public and Chatswood High catchments | Established strata complex in a leafy setting This property occupies a practical position for buyers seeking a well-located unit with direct ground-level access. The courtyard layout is uncommon in this segment and offers private outdoor space that most apartments in the area lack. Being within the Artarmon Public School catchment adds genuine long-term demand from family buyers, while the separate garage is a tangible advantage over shared car spaces. The building sits in an established residential pocket, not a high-traffic corridor, which supports quieter living. For a buyer prioritising school access and a usable outdoor area in a proven suburb, this unit warrants close inspection. The main constraint is the buildingโ€™s age and condition. One source describes a dated medium project, which raises questions about future maintenance costs and the quality of common property. The strata records and sinking fund position need to be established before any offer can be made with confidence. Without clarity on the buildingโ€™s structural and financial health, the value case remains unresolved. Is the price guide adequately discounted for known capital works, or does the courtyard and school catchment justify a premium that has not yet been tested?
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 28/2 Parkes Road, Artarmon NSW 2064
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Market Insight:

Artarmon is a highly affluent suburb with a distinct two-tier market. Demand for houses is driven by established, high-income owner-occupiers, evidenced by strong capital growth and lower rental yields. The unit market, while more accessible, shows varied performance. Recent conditions indicate houses are tightly held with measured sales velocity, while the divergence in growth between property types highlights a premium on land. Future growth is underpinned by this entrenched affluence, though the suburb’s sensitivity to broader economic factors remains a key consideration for buyers.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

3397mยฒ

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