6/51 Third Avenue, Campsie NSW 2194
6/51 Third Avenue, Campsie NSW 2194
| Strata townhouse in SP46918 | Walkable to Campsie Station and shops | Lower-maintenance living | R4-zoned neighbourhood | Compact land component |
A strata lot within a small complex is used for this townhouse, offering a low-maintenance alternative to the area’s many detached houses. Its location on Third Avenue is placed within easy walking distance of Campsie Station, local shops, schools, and the Cooks River Cycleway, making it a practical choice for first-time buyers or investors seeking rental appeal. The property’s compact footprint and shared land are designed to reduce upkeep and provide a lock-and-leave lifestyle, which suits young couples or those downsizing from larger homes. While land content is limited, the R4 context and established residential street support steady demand from tenants and owner-occupiers alike.
Value may be influenced by the limited private land and shared strata arrangements, which might constrain redevelopment potential compared to freestanding houses. Price points may be driven by the unit’s condition and interior layout, along with the surrounding street’s mix of older homes and newer strata developments. Rental demand may remain consistent given transport access, but yield is likely modest relative to purchase price. The trade-off between lower maintenance and reduced control over common property should be weighed by buyers.
Detailed Independent Property Report prepared by PropCred Analyst team for 6/51 Third Avenue, Campsie NSW 2194
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Campsie presents a dual-market dynamic, appealing to both entry-level buyers and established families. Demand is driven by first-home buyers and investors targeting the high-yield unit market, while families compete for limited houses, creating strong capital growth. Recent trends show robust price appreciation across both segments, with houses transacting swiftly. Future growth hinges on continued affordability pressure within the inner-west ring, though the high concentration of units presents a supply consideration.
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PropCred Estimated Value
Comparable Sales: 48 Third Avenue house sold $1.7M | Listed Price Band: $1.2M–$1.3M | Value Indicator: compact strata layout, walkability, shared land constraints
Bedrooms
3
Bathroom
2
Parking
2
Land
1011m²
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