316/3B Elymus Gld, Tallawong NSW 2762
316/3B Elymus Gld, Tallawong NSW 2762
2 bed, 2 bath, 1 study | 172mยฒ lot is generous for an apartment | modern build with fibre and 5G | bushfire overlay noted | no settled comparable sales in the data
This unit stands out for its generous lot size of 172mยฒ, which is unusually large for an apartment and likely reflects a titled area that includes balcony or courtyard space, giving it a more spacious feel than typical two-bedroom stock. The inclusion of a study, two bathrooms, secure parking, and modern finishes like floorboards and air conditioning positions it well for owner-occupiers who work from home or downsizers seeking low-maintenance living without sacrificing room to spread out. Its location in Tallawong, a growth suburb with transport links and new infrastructure, means demand is likely to remain steady from first-home buyers and investors, though the property is better suited to those prioritising amenity and space over pure entry-level affordability.
The bushfire overlay is a material factor that may affect insurance premiums and could influence some buyers’ willingness to pay a premium, though it is not uncommon in parts of Sydney’s growth corridors. Without a verified floor plan or build year, the actual internal layout and depreciation schedule remain unclear, which could matter for investors calculating tax benefits or owner-occupiers assessing natural light and storage. The lack of settled comparable sales in the immediate area means price formation may rely on broader market sentiment rather than direct evidence, so a buyer should approach any valuation with caution and seek a building inspection to confirm the unit’s condition and strata health.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 316/3B Elymus Gld, Tallawong NSW 2762
Market Insight:
Tallawong is a young, transit-oriented suburb positioned as a key growth corridor, with its metro link driving strong demand from young families and first-home buyers. This demographic is fuelling a robust and active housing market, evidenced by high sales volumes and competitive pricing. Recent price trends show significant house price appreciation, though unit performance varies, indicating a tight supply environment. Future growth is anchored by sustained infrastructure investment and urban development, yet key risks include potential affordability pressures and market sensitivity to interest rate changes given the rapid price gains.