3/24 Alexandria Avenue, Eastwood NSW 2122
3/24 Alexandria Avenue, Eastwood NSW 2122
Eastwood unit | 3 beds | flood overlay | last sold 1997 | 100% owner-occupied
This property presents a rare, large-format unit on a substantial land parcel, a configuration increasingly scarce in this established suburb. Its long-term ownership history and fully owner-occupied building profile signal a stable, well-maintained complex, ideal for a buyer seeking a family-sized home with lower strata density. The prime school catchments and central Eastwood location solidify its appeal to owner-occupiers, particularly those prioritising space and education access over modern finishes.
Proceed with acute caution due to the confirmed flood overlay, a material risk that will directly elevate insurance premiums and constrain future mortgageability, potentially impacting resale liquidity. The significant valuation disparity between sources reflects this uncertainty. Acquire a detailed flood report and specialist insurance quote before auction; this is strictly a long-term hold for an owner-occupier who can absorb the risk, not a short-term investment.
Detailed Independent Property Report prepared by PropCred Analyst team for 3/24 Alexandria Avenue, Eastwood NSW 2122
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
URL has been copied successfully!
Market Insight
Eastwood is a well-established suburb with a dual-market dynamic, appealing to both established families seeking premium homes and first-home buyers or investors targeting its significant strata sector. Demand is underpinned by its transport links and amenity, supporting robust sales activity and strong historical capital growth. Recent conditions show a divergence, with house values experiencing modest growth while the unit market has softened, presenting a nuanced landscape. Future performance will hinge on broader affordability pressures and the balance between its enduring desirability and the current supply dynamics within each property segment.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
Bathroom
Parking
1
Land
1012m²
URL has been copied successfully!