38/14-16 Freeman Road, Chatswood NSW 2067
38/14-16 Freeman Road, Chatswood NSW 2067
2 bed, 2 bath, 1 car | established Chatswood block | low-turnover building | 4% rental yield comparable
This unit sits in a well-maintained Chatswood building where 41% of owners have held for over a decade, signalling low defect risk and stable occupancy. The 2-bed, 2-bath configuration with a car space is the most liquid floorplan in this market, and recent comparable sales at $1.18โ$1.185 million confirm pricing discipline. For a buyer seeking a solid, low-fuss entry into Sydneyโs lower north shore, this property offers a rare combination of verified rental demand at $920 per week and a building profile that supports capital preservation.
The primary risk is that $1.1 million sits near the top of the buildingโs recent transaction range, leaving limited short-term upside without broader market movement. However, the 4.05% gross yield on a $1.18 million comparable purchase suggests the current valuation may offer a slight discount to recent paid prices. This property suits a buyer planning to hold for at least five years, either as a core residential holding or a steady rental with low turnover risk.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 38/14-16 Freeman Road, Chatswood NSW 2067
Market Insight:
Chatswood presents a premium, family-oriented market with a clear divergence between its established house segment and its unit market. Demand is anchored by mature owner-occupiers and a significant rental population, with a notable demographic of families. House values demonstrate steady resilience, while the unit market faces recent headwinds. Future performance will hinge on the suburb’s established appeal to these core demographics, balanced against affordability pressures within the higher-density sector.