38 Tindale Road, Artarmon NSW 2064
38 Tindale Road, Artarmon NSW 2064
38 Tindale Road, Artarmon is a 5-bedroom, 2-bathroom 1920s Californian bungalow on an 872m² lot with a 215m² floor area and 2 car spaces. Sold September 2022 for $4,888,000. Single-level, heritage architecture with contemporary luxury finishes.
This property is competitively strong because a 5-bedroom single-level bungalow on a lot this size is uncommon in Artarmon, where most homes are smaller or have been replaced by two-storey designs. The generous land and heritage character position it as a rare offering for buyers seeking space and period charm without stairs. It sits in a quiet, leafy, low-density street that remains family-oriented and close to transport and schools. The property serves best an affluent family wanting a large heritage home with renovation potential, or a downsizer drawn to single-level living on a substantial block. The sale price confirms strong demand for this configuration in the suburb.
What may materially affect the property’s value is the below-average bathroom count for a 5-bedroom home, which might limit appeal for some buyers or require future renovation. The older building may need maintenance and lacks modern amenities like air conditioning or a pool, which could influence price expectations. The single-level layout and heritage style contrast with the growing trend of multi-level modern homes in the area, so its positioning might appeal to a narrower buyer pool. Rental yield is likely low given the high property value, which may matter for investors weighing long-term return.
Detailed Independent Property Report prepared by PropCred Analyst team for 38 Tindale Road, Artarmon NSW 2064
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
2
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Market Insight
Artarmon is a highly affluent suburb with a distinct two-tier market. Demand for houses is driven by established, high-income owner-occupiers, evidenced by strong capital growth and lower rental yields. The unit market, while more accessible, shows varied performance. Recent conditions indicate houses are tightly held with measured sales velocity, while the divergence in growth between property types highlights a premium on land. Future growth is underpinned by this entrenched affluence, though the suburb’s sensitivity to broader economic factors remains a key consideration for buyers.
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PropCred Estimated Value
Bedrooms
5
Bathroom
2
Parking
2
Land
860m²
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