45/38-40 Chapman Street, Gymea NSW 2227
45/38-40 Chapman Street, Gymea NSW 2227
2 bedrooms, 1 bathroom, 1 car space. Strata apartment in a low-rise block. Last sold in 2012. Listed between $850,000 and $900,000. Floor level and aspect are not confirmed.
This apartment is positioned in the heart of Gymea, which gives it a genuine convenience advantage. Its proximity to Gymea station and the retail offering at Miranda Westfield means it will appeal strongly to owner-occupiers who value walkability over space, and to investors looking for consistent rental demand from professionals or downsizers. The configuration is standard for the area, but the location within walking distance of transport and shops is what separates it from similar stock further from the village core. It is not a rare property, but it is a well-located one for its type.
The price range sits notably above the estimated value of a comparable unit in the same building, which suggests the seller may be pricing with optimism. The absence of confirmed floor level and aspect means the unit’s actual light, privacy, and outlook could materially affect its market appeal. A buyer should weigh the strata report carefully, as it may reveal upcoming levies or building condition issues that could shift the holding cost. The rental return is likely solid given the location, but the purchase price needs to leave room for that margin to work.
Detailed Independent Property Report prepared by PropCred Analyst team for 45/38-40 Chapman Street, Gymea NSW 2227
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
2
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Market Insight
Gymea is a well-established family suburb, underpinned by its reputable schools and parks, attracting professionals and established families. Demand is driven by this appeal for a safe, long-term environment, supported by a diverse housing mix. The market demonstrates stability with consistent sales activity, though high entry prices present an affordability constraint for some buyers. Future growth is anchored in its enduring appeal and balanced supply.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
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