5/248 Pacific Highway, Greenwich NSW 2065

5/248 Pacific Highway, Greenwich NSW 2065
Below are raw research notes on 5/248 Pacific Highway, Greenwich NSW 2065. The property was listed for sale on 18 June 2026 as an apartment in Greenwich. 2-bed, 1-bath, 1-car apartment | 66m² on a 1,131m² strata parcel | Recently refreshed with hybrid flooring and air conditioning | Located on Pacific Highway in Greenwich This apartment is competitively positioned for first-home buyers, downsizers, and investors seeking a well-maintained entry point into the Lower North Shore. Its recently refreshed interior, including split-system air conditioning and hybrid flooring, reduces immediate maintenance costs and enhances appeal. The 66m² layout is practical for a couple or small household, while the undercover carport and garden shed add functional value. Greenwich offers strong access to Chatswood, St Leonards, and Crows Nest via bus routes, supporting rental demand and owner-occupier convenience. The strata parcel is substantial at 1,131m², which may provide a buffer against unexpected building costs. This property serves those who prioritise location and move-in readiness over space or luxury finishes. The property’s frontage to Pacific Highway may introduce traffic noise and limit privacy, which could narrow its buyer pool or slow resale. The single bathroom and communal laundry may be less appealing to families or those seeking full autonomy. The building’s age is not confirmed, so future levies for upgrades should be anticipated. The recent sale of another unit in the same building at a higher price suggests market support, but condition differences between apartments may affect direct comparisons. Buyers should weigh the convenience of the location against potential noise exposure and consider the long-term implications of strata living in an older low-rise block.
Detailed Independent Property Report prepared  by PropCred Analyst team for 5/248 Pacific Highway, Greenwich NSW 2065
Checks found:
Value Risk
Liquidity Risk ! 1
Planning Risk 2
Income Risk ! 1
Execution Risk 2
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Market Insight

Greenwich presents a blend of established character homes and modern apartments, catering to a diverse demographic, with demand anchored by its desirable lifestyle. The market is currently in a softer phase, with recent price adjustments and a slower sales pace compared to state averages, indicating a period of recalibration. While long-term fundamentals remain sound, the immediate outlook is tempered by these affordability and demand dynamics, suggesting a market offering fair value for discerning buyers.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

1131m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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