3/1-3 Barsbys Avenue Allawah NSW 2218
3/1-3 Barsbys Avenue Allawah NSW 2218
Renovated ground-floor unit | direct balcony access | premium Smeg & Daikin fittings | walk to Allawah Station | larger 904sqm strata share
This property presents a competitively strong offering due to its ground-floor position with direct external access and a private, greenery-facing balconya rare configuration that enhances livability. The full, high-spec renovation with integrated appliances and abundant storage creates a turn-key solution, best serving owner-occupiers seeking convenience or investors targeting professionals desiring a low-maintenance lifestyle near rail and retail.
The primary decision hinges on the strata title and the price premium commanded post-renovation. You are purchasing a share in a larger land parcel, which carries ongoing levy obligations, but this also contributes to the unit’s above-average sense of space. The commercial logic is clear: secure a modernized unit in a well-located complex where the renovation cost has already been absorbed. Proceed with an offer anchored by a professional valuation and strata report, which Propcred can furnish alongside locality risk and insurance assessments.
The property sold for $670,000 in March 2024 prior to its extensive renovation. This recent sale provides a clear baseline, indicating the current asking range reflects a significant premium for the completed high-quality upgrades and strong market conditions.
Detailed Independent Property Report prepared by PropCred Analyst team for 3/1-3 Barsbys Avenue Allawah NSW 2218
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
2
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Market Insight
Allawah presents as a well-connected suburb with strong appeal to young families and first-home buyers, evidenced by its demographic profile and high unit sales volume. Demand is driven by affordability-seeking buyers in the unit market and investors attracted by solid rental yields, while the limited supply of houses supports robust capital growth. Recent market conditions show sustained price appreciation across both sectors, though this strength is underpinned by tight housing stock. Future growth will likely be supported by ongoing demand from this demographic and the suburb’s established transport links, yet key constraints include high price points that limit accessibility and potential sensitivity to interest rate movements.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
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