404/2A Vaughan Street, Lidcombe NSW 2141
404/2A Vaughan Street, Lidcombe NSW 2141
3 bed, 2 bath, 2 car | north-east aspect, park view | study included | flood overlay present | low strata complex
This apartment offers a genuinely rare configuration for its segment: three bedrooms plus a dedicated study, two car spaces, and a north-east aspect overlooking parkland. For a buyer seeking a larger-than-standard strata home without moving into a house, this floorplan is competitively advantaged. The low strata positioning and fresh listing status suggest it has been held since 2013, implying the complex is settled and the outgoings have been managed. It serves best the owner-occupier wanting space, light, and a functional home office, or an investor targeting the premium end of the Lidcombe rental market.
The primary risk is the flood overlay, which must be investigated for its effect on insurance premiums and any building-level mitigation measures. This does not necessarily indicate flood damage, but it does affect due diligence and future resale perception. The opportunity lies in the apartment’s uncommon internal size and dual parking, which should hold demand even if the broader market softens. Confirming the actual strata levies and sinking fund balance is essential before proceeding, as the advertised low strata claim needs verification against the building’s age and common area condition.
Detailed Independent Property Report prepared by PropCred Analyst team for 404/2A Vaughan Street, Lidcombe NSW 2141
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
Lidcombe presents a sharply divergent market, with its house segment demonstrating robust price growth and strong demand, while units face softer conditions. Demand is driven by buyers seeking relative value with excellent transport access, though specific demographics are undefined. The housing market is active with competitive vendor conditions, whereas the unit market offers higher rental yields but more modest capital growth. Future performance hinges on broader economic recovery and the suburb’s ability to leverage its strategic location, though affordability pressures remain a key watchpoint.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
2657m²
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