402/2-6 Goodwood Street, Kensington NSW 2033
402/2-6 Goodwood Street, Kensington NSW 2033
2-car park in Kensington apartment | fourth-floor east-facing park outlook | circa 2005 build with Caesarstone | generous 109 sqm floorplan | flood overlay noted on title
It is competitively positioned as a larger than typical two-bedroom apartment in Kensington, offering two secure car spaces that are rarely combined with this floor area. The east-facing outlook over Kokoda Memorial Park and Randwick Racecourse provides good light and a sense of openness not common in this price tier. The contemporary build, balanced floorplan, and quality finishes such as Caesarstone benchtops and integrated appliances support strong owner‑occupier appeal, while the proximity to UNSW and light rail maintains investor demand. This property serves buyers seeking a genuinely spacious inner‑east apartment with parking, rather than a compact entry‑level unit.
Value may be influenced by the flood overlay that applies to the strata lot, which could affect insurance costs or future redevelopment potential on the land parcel. The absence of a second bathroom in a 109‑square‑metre plan might narrow appeal among families or downsizers who typically expect an ensuite. On the positive side, the building era and fit‑out quality appear above average for Kensington stock, which may support stronger long‑term capital retention compared with older blocks. Buyers should weigh these factors when assessing price relative to comparable units that lack parking or park aspect.
Detailed Independent Property Report prepared by PropCred Analyst team for 402/2-6 Goodwood Street, Kensington NSW 2033
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Kensington is a well-located inner-city suburb with a balanced mix of freestanding homes and apartments, positioned close to major universities and hospitals. Demand is driven by young families and savvy investors, attracted by strong rental demand and proximity to key employment and education precincts. While the house market has softened, the unit segment shows resilience, supported by ongoing infrastructure upgrades and desirability for properties near light rail. Future growth is underpinned by these transport links and the established academic precinct, though the market’s sensitivity to broader economic conditions remains a key consideration.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
2
Land
2193m²
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