38/67 Shaftesbury Road, Burwood NSW 2134
38/67 Shaftesbury Road, Burwood NSW 2134
Unit 38 at 67 Shaftesbury Road Burwood is a 101sqm landholding with a 91sqm internal 2-bedroom 2-bathroom apartment built in 2013. It includes secure parking a balcony air conditioning built-in robes an alarm intercom and a storage cage.
What is competitively strong about this property is its dual bathroom configuration which is relatively uncommon for a 2-bedroom unit in Burwood and adds genuine functional value for owner-occupiers or sharers. The 2013 build means it avoids the maintenance and compliance issues of older stock while still offering low strata levies a feature that directly improves holding cost and yield. The property sits in a well-serviced part of Burwood with good school proximity and the secure parking and storage cage are practical inclusions that many newer builds now omit. This unit is best suited to a buyer looking for a low-maintenance modern apartment that holds its appeal against newer developments without the premium price tag of a brand new build.
The factors that may affect value include the building age now around 13 years which could mean upcoming capital works levies for common area upgrades though low levies suggest reserves are adequate. The specific floor level is not confirmed and a lower floor may limit outlook and light compared to higher levels in the same complex. The balcony orientation is also unknown which can affect perceived amenity and resale appeal. The rental yield of around 4.96 percent is solid for Burwood but not exceptional so investors should weigh this against potential vacancy risk in a competitive market. These points are worth clarifying before forming a final view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 38/67 Shaftesbury Road, Burwood NSW 2134
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Burwood presents as a well-established inner-west suburb with a clear market dichotomy. Demand is underpinned by its strategic location and a property mix dominated by apartments, appealing to a younger demographic. While the unit market shows resilience with positive growth, the premium house segment has experienced recent softening, indicating price sensitivity. Future performance will hinge on the suburb’s enduring appeal against affordability constraints in the higher-priced housing tier.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
101m²
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