5/6 Barber Avenue Eastlakes NSW 2018

5/6 Barber Avenue Eastlakes NSW 2018
2 bed apartment |est $712k value |listed $780k |sold $586k in 2018 |92mΒ² building on 929mΒ² strata lot. This two-bedroom apartment with 92 square metre internals on a 929 square metre strata lot suits professionals or couples seeking low-maintenance living near schools and transport. Positioned on the first floor of a quiet block it delivers practical space for everyday use with one secure car spot and intercom access enhancing daily convenience. The generous strata lot allocation underscores its share in a stable complex, offering better-than-average outdoor potential within apartment constraints. In this pocket of Eastlakes, it stands out among similar units for its light-filled layout and reliable NBN plus 5G coverage, appealing to downsizers who prioritise connectivity. Buyers drawn to two-bedroom flats here typically include young professionals commuting to the city or investors eyeing solid rental yields around $710 weekly. Similar properties have shown steady appreciation since 2018, with this one’s jump from $586,500 reflecting broader market uplift in the area. A flood overlay warrants due diligence but does not overshadow its school catchment strengths, including Eastlakes Public just 0.6 kilometres away. Long-term, its position in Bayside Council without heritage limits supports holding value as demand for well-serviced apartments persists. Market signals suggest room for negotiation given the listing above estimates, positioning it firmly for pragmatic purchasers.

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

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Market Insight:

Eastlakes is an inner-south suburb undergoing significant redevelopment and urban renewal. It attracts investors and first-home buyers seeking proximity to the CBD at a relative discount. Demand is driven by infrastructure, location and redevelopment potential. High-density housing caps premium growth in some segments. Price growth is improving as renewal progresses. It is a transitioning inner-city market.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

92.1mΒ²

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