36 Farrington Parade, North Ryde NSW 2113

36 Farrington Parade, North Ryde NSW 2113
4 bed brick family home | pool and alfresco | North Ryde pocket | auction May 23 This property offers a rare combination of solid brick construction, a functional floorplan with a fifth room, and a north-facing pool on a level block,features that are increasingly difficult to find in this part of North Ryde. The 607sqm lot with 32% site coverage provides genuine space for a family without the compromises of newer townhouses. It competes well against the nearby sale at 20 Farrington Parade, and the ducted air conditioning, plantation shutters, and Caesarstone kitchen suggest the vendor has invested thoughtfully. The property is best suited to a growing family who values proximity to Truscott Street Public School and the M2, and who wants a home that requires minimal immediate work. The main risk is the auction date falling within a softer market period, and the property has been on market for over a week with no price guide,this may indicate vendor expectation is above current buyer appetite. The pool and established gardens require ongoing maintenance that a busy family should budget for. However, the absence of flood or bushfire overlay and the solid rental yield of around $1,570 per week provide a clear floor. Buyers should inspect thoroughly, note the condition of the pool equipment and roof, and bid with a ceiling tied to the comparable sale at 20 Farrington. This is a hold-and-enjoy property, not a flip.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 36 Farrington Parade, North Ryde NSW 2113
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Market Insight:

North Ryde presents a dual market, with houses demonstrating robust capital appreciation while units face significant headwinds. Demand is underpinned by consistent transactional volume and strong household incomes, suggesting a stable owner-occupier base. The house market is appreciating solidly, though a slower sales velocity indicates selective buyer caution. Future growth is linked to its established connectivity, but the stark divergence between asset classes and the unit market’s correction pose clear valuation risks.
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PropCred Estimated Value

Bedrooms

5

Bathroom

3

Parking

2

Land

607mยฒ

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