340/81 Grima Street, Schofields NSW 2762
340/81 Grima Street, Schofields NSW 2762
3-bed apartment edge | Parkland complex setting | High-spec internal finish | Family-oriented growth corridor | 2-car secure parking
This unit holds a clear competitive position within Schofields’ apartment market, where the typical stock skews smaller. The three-bedroom, two-bathroom, two-car configuration is genuinely uncommon here, and it is paired with a finish package that is above the local norm—stone benchtops, ducted air conditioning, hybrid flooring, and floor-to-ceiling glazing. The complex itself is set around parklands and shared recreation spaces, which shifts the experience away from a standard unit block and toward something closer to a low-maintenance townhouse feel. That combination makes it a natural fit for owner-occupier families who want the space and parking of a house but not the upkeep, as well as for downsizers who are not ready to compromise on room count. The location reinforces this appeal, with rail, metro, shopping, and schools all within a practical radius, which also supports strong tenant interest if the buyer ever chooses to lease it out.
The price picture is shaped by a few factors that a buyer should weigh carefully. The property’s position within the complex—floor level, outlook, and proximity to shared amenities—may influence how it compares to similar units in the same building, and those details are not always obvious from floor plans alone. The modern build and high-spec finishes should hold value well, but the broader growth corridor around Schofields is still maturing, so capital growth may track with infrastructure delivery and local demand rather than outperform it sharply. The 2024 sale evidence for the same address suggests the market has already priced in much of the quality, meaning future gains may depend more on the area’s ongoing development than on the unit itself. Buyers should also consider that a three-bedroom apartment in this location carries a different resale profile than a two-bedroom—it appeals to a narrower but often more committed buyer pool.
Detailed Independent Property Report prepared by PropCred Analyst team for 340/81 Grima Street, Schofields NSW 2762
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
This Sydney suburb is an established, affluent market where high household incomes and a strong owner-occupier presence drive demand. Houses trade at a median around $1.27 million with modest 1-2% annual growth, while units average $602,500-$636,500 and have slipped slightly year-on-year, reflecting a softer segment. Homes sell quickly, in roughly 30-34 days, indicating healthy buyer interest but tight supply. Rental yields are thin for houses at about 3.2%, stronger for units at 5-5.7%, but the high 87% mortgage ownership rate leaves the market exposed to rate cycles. The flat-to-negative unit trend and elevated price points present the main constraints.
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PropCred Estimated Value
Comparable Sales: 343/81 Grima St sold 2023 at $640k; 437/81 Grima St listed near $725k–$750k | Property Price Band: $680k–$780k | Value Drivers: internal finish quality, 3-bed/2-car configuration, parkland complex setting
Bedrooms
3
Bathroom
2
Parking
2
Land
1.34 ha
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