604/16-20 Smallwood Avenue, Homebush NSW 2140
604/16-20 Smallwood Avenue, Homebush NSW 2140
north-facing sixth floor | one car park included | all-age accessible | mid-rise quiet location | strata at eight hundred two
The north-facing aspect on the sixth floor is regarded as a competitive advantage for natural light and outlook. The inclusion of a single car park within a one-bedroom layout is considered a practical benefit, particularly when newer developments often reduce parking allocations. A wider range of buyers, including downsizers and those with mobility considerations, is served by the all-age accessible design. This apartment is well positioned within a mid-rise building that has a small number of residences, which is likely to offer a quieter living environment compared to larger complexes. It is best suited to buyers looking for a low-maintenance home with strong rental appeal in a convenient location.
The strata fees of eight hundred and two dollars per quarter are considered relatively high for a one-bedroom property and may affect affordability. The single-bedroom configuration is often seen as limiting for families but standard for the type. Some uncertainty is introduced by the unconfirmed completion date though construction has commenced. These factors are weighed against the property’s orientation and parking advantage when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 604/16-20 Smallwood Avenue, Homebush NSW 2140
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
URL has been copied successfully!
Market Insight
Homebush presents a sharply bifurcated market, with its house segment experiencing exceptional capital growth driven by affluent buyers seeking larger homes, reflecting strong demand amidst very limited supply. This contrasts with a high-volume unit market offering solid rental yields but subdued price momentum. Future prospects hinge on continued demand for scarce houses, though high entry points and the unit market’s sensitivity to economic conditions present clear constraints.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
1
Land
2212m²
URL has been copied successfully!