408/33 Simon Street, Tallawong NSW 2762
408/33 Simon Street, Tallawong NSW 2762
2-bedroom, 2-bathroom unit in Tallawong | strata-titled on a 1.01-acre lot | no bushfire risk | near metro and shopping
This unit offers a rare combination: a two-bedroom apartment in a complex sitting on a substantial 1.01-acre lot. For a buyer, that shared land holding can mean lower density and better common spaces than typical high-rise developments. The property sits minutes from the Tallawong Metro and Schofields shopping, making it a strong option for first-home buyers or investors seeking a stable, commuter-friendly position. The lack of bushfire risk removes a common insurance and resale concern in the area.
The main risk is the absence of sales history or strata fee data, which makes it harder to judge holding costs or capital growth trajectory. Buyers should request the strata report and recent comparable sales in the complex before proceeding. The value estimates sit around $550,000 to $574,000, which is competitive for the area given the land component. This unit suits someone looking for a low-maintenance home or a solid rental hold near transport, not a short-term flip.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Tallawong is a young, transit-oriented suburb positioned as a key growth corridor, with its metro link driving strong demand from young families and first-home buyers. This demographic is fuelling a robust and active housing market, evidenced by high sales volumes and competitive pricing. Recent price trends show significant house price appreciation, though unit performance varies, indicating a tight supply environment. Future growth is anchored by sustained infrastructure investment and urban development, yet key risks include potential affordability pressures and market sensitivity to interest rate changes given the rapid price gains.