3/16 Boronia Road, Greenacre NSW 2190

3/16 Boronia Road, Greenacre NSW 2190
3 bed | 2 bath | 2 park | strong configuration edge | no overlay risk The unit’s three bedrooms, two bathrooms, and two parking spaces represent a genuinely rare configuration in the Greenacre strata market, giving it a structural advantage over most competing listings. This floorplan serves families or sharers who would otherwise compromise on parking or bathroom count, and the absence of bushfire, flood, or heritage overlays removes common deal-breakers. The property is best suited to a buyer seeking long-term owner-occupier appeal or a tenant-attractive investment in a corridor where median prices sit lower than this unit’s estimated value. The main risk lies in verifying strata fees and building condition, as a large complex with 13 properties at the address may carry higher levies or deferred maintenance. The estimated value sits below the list price, so negotiation room should be expected, and recent comparable sales within the same complex are essential to confirm the premium is justified. The 2021 purchase price suggests some capital growth has already been captured, but the configuration edge may still support further upside if the building is sound.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 3/16 Boronia Road, Greenacre NSW 2190
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Market Insight:

Greenacre presents a compelling, family-centric market with a distinct divergence between its robust house and more moderate unit segments. Demand is driven by young professional families, supported by strong income growth and population expansion. The house market exhibits exceptional recent growth and tight conditions, while units offer more stable, yield-focused investment. Future performance is underpinned by these demographic tailwinds, though sensitivity is indicated by current vendor discounting and a constrained supply of stock for sale.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

1116mยฒ

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