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
1
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
2
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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.
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PropCred Estimated Value
Bedrooms
Bathroom
Parking
1
Land
1012m²
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