47/118 Adderton Road, Carlingford NSW 2118

47/118 Adderton Road, Carlingford NSW 2118
2 bed, 2 bath unit | Carlingford West & Cumberland High catchments | $715/wk rental listing | strata ~$1400 This unit presents a competitively configured offering within a high-demand school catchment, a combination that underpins tenant appeal and rental resilience. The two-bathroom layout is a functional advantage over many older two-bedroom units, catering to professional couples or small families seeking the convenience of the Carlingford West and Cumberland High School zones. Its advertised rental yield, against the backdrop of limited stock specifics, suggests a property positioned for steady occupancy, ideally suited for an investor prioritizing a set-and-forget income stream within a established educational precinct. Proceed with the discipline that the unverified attributes-specifically the claimed second parking space and land component-represent material valuation and functionality risks that must be confirmed through strata inspection. The absence of recent comparable sales data for this specific complex necessitates a conservative valuation based on the broader, older stock in adjacent Telopea, where two-bedroom units trade near the $700,000 mark. Acquire this property only at a price that builds a buffer for strata levy increases and reflects its actual parking entitlement, otherwise the investment logic erodes. For a verified two-bathroom unit in these catchments, it warrants a hold strategy for long-term rental and capital growth tied to educational demand.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Carlingford is a well-established northern Sydney suburb positioned as a family-focused community with strong educational appeal. Demand is driven by families seeking quality schools, alongside first-home buyers and downsizers attracted to its diverse housing mix. Recent price trends indicate a stabilising market following a correction, with long-term growth underpinned by its convenient location and community appeal. Future growth is supported by these enduring fundamentals, though risks include rental yields below the state average and a market valuation currently below its long-term trend.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

103mΒ²

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