4/3-5 Nola Road, Roseville NSW 2069

4/3-5 Nola Road, Roseville NSW 2069
2/2/1 on 108sqm | full-brick lift-serviced block | north-facing balcony | walk to Roseville station and village | premium boutique stock Positioned as strong boutique stock, this unit is offered with a generous 2 bed/2 bath/1 car layout on 108m². The full-brick, lift-serviced building is considered a step up from older low-rise stock, and the north-facing balcony is valued for practical light. Walking distance to the station and village is a clear advantage, and appeal to families is broadened by the Lindfield Learning Village catchment. Secure parking, air conditioning, and fibre are included, and the unit is left move-in ready and lettable. This property is best suited to buyers seeking an efficient, secure apartment with genuine space and a car-light lifestyle. Value may be influenced by fitout relative to penthouse sales in the building, as presentation is decisive. A lower level or rooftop outlook might justify a discount; a higher aspect could support a premium. Owners corporation records should be checked for levies; no overlays are detected. Demand is supported by station proximity. These factors may be given more weight in negotiation than core layout.
Detailed Independent Property Report prepared  by PropCred Analyst team for 4/3-5 Nola Road, Roseville NSW 2069
Checks found:
Value Risk
Liquidity Risk ! 1
Planning Risk ! 1
Income Risk
Execution Risk 2
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Market Insight

Roseville, an established Upper North Shore suburb, holds a premium position with median house prices around $4.0–4.2 million and units near $1.0 million. Demand is driven by affluent households—weekly incomes for houses are 54% above Greater Sydney—though 45% of owners carry mortgages, indicating leveraged ownership. Recent conditions are mixed: house prices show slight annual declines of roughly 0.3% in some datasets, while units grew 3.4–4.7%; sales volumes are thin at about 100 houses annually. Days on market range from 30 to 87, with some listings slower than the NSW average, implying supply-demand tension. Long-term growth remains a structural driver, with a 36-year CAGR of 4.9%, but current undervaluation below trend suggests rate sensitivity. Affordability constraints at the $4M house price point and variable selling times are key risks, while high household income and historical capital resilience underpin future demand.
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PropCred Estimated Value

Comparable Sales: 23/3-5 Nola Road sold $1,240,000 in Oct 2024; 4/7 Nola Road sold $515,000 in Feb 1998 | Listed Price Band: $1.1M–$1.2M | Value Indicator: internal condition, floor level/outlook, fitout against building’s premium penthouse stock

Bedrooms

2

Bathroom

2

Parking

1

Land

108m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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