5/96 Northumberland Road Auburn NSW 2144
5/96 Northumberland Road Auburn NSW 2144
First-floor brick unit | 6-unit boutique block | <800m to Auburn Station | 1970 build | Strong rental yield
This property presents a competitively positioned entry into the Auburn market, distinguished by its smaller, full-brick complex of only six unitsa rarity compared to typical larger apartment blocks. Its central location within walking distance of the station and shops creates immediate tenant appeal, while the two-bedroom format serves both investors seeking yield and owner-occupiers prioritizing convenience over modern finishes. The estimated gross rental yield is strong for the area.
The primary decision rests on valuing an older unit against a premium asking price. The units age implies higher potential maintenance costs within the strata, and its price sits above the estimated market value, demanding immediate negotiation to avoid overcapitalization. Proceed with an offer anchored to comparable sales, as the current listing requires justification. Our property report would pressure-test this valuation, detail strata health, and identify locality risks to secure your position.
Detailed Independent Property Report prepared by PropCred Analyst team for 5/96 Northumberland Road Auburn NSW 2144
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
1
Execution Risk
1
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Market Insight
Auburn presents a dual market, with strong family demand for houses and high investor interest in units. Couples with children, often in skilled trades, drive owner-occupier demand, drawn by established schools and transport links. The housing market exhibits robust growth, while units offer compelling rental yields, attracting investment. Future growth is underpinned by its connectivity and mixed-use amenity, though high house prices present an affordability constraint and the substantial unit supply requires careful selection.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
749m²
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