702/16A Evans Avenue, Eastlakes NSW 2018

702/16A Evans Avenue, Eastlakes NSW 2018
3 bed 2 bath 2 car | New high-spec apartment above shopping centre | Pool gym rooftop included | Appeals to downsizers and professionals This property stands out as a genuinely modern apartment in a suburb where most stock is older and lower-spec. The finishes are strong — floor-to-ceiling glass, SMEG appliances, stone benches — and the amenity package with a heated pool, gym, and rooftop deck is rare for Eastlakes. Being part of the Grand Residences development above the shopping centre means convenience is built in, and the three-bedroom configuration with two car spaces makes it a comfortable option for downsizers or professional households who want newer product near the inner-east without paying Rosebery or Alexandria prices. The value here may be influenced by how the broader Eastlakes precinct matures over time. Being above a shopping centre offers convenience but might also mean more noise or traffic during trading hours. The land component is minimal for an apartment, so capital growth will depend more on demand for this specific building and its amenity than on land scarcity. Buyers should weigh whether the premium for new finishes and facilities holds its value compared to older units in the same suburb that may offer more space for a lower entry price.
Detailed Independent Property Report prepared  by PropCred Analyst team for 702/16A Evans Avenue, Eastlakes NSW 2018
Checks found:
Value Risk ! 1
Liquidity Risk
Planning Risk ! 1
Income Risk ! 1
Execution Risk ! 1
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Insight: Eastlakes NSW 2018

Eastlakes presents a compelling urban-suburban proposition, offering apartment-centric convenience with a significant established residential base. Demand is anchored by singles and downsizers, drawn to its accessible eastern suburbs location and balanced property mix. The market demonstrates robust house price momentum, while units offer stronger rental yields, indicating a dual-track market of capital growth and investor appeal. Long-term resilience is supported by consistent historical appreciation, though the premium pricing for houses suggests a competitive segment with potential affordability constraints.
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PropCred Estimated Value

Bedrooms

-

Bathroom

Parking

-

Land

474m²

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