75 Faraday Road, Padstow NSW 2211
75 Faraday Road, Padstow NSW 2211
| Padstow brick house | 3 bed 2 bath | under 1.5M | 379sqm land | near station
This property presents a rare combination of a solid brick home on a manageable 379sqm block with a functional floorplan,three bedrooms with built-ins, a modern kitchen, and a sunroom that flexes as a study or retreat. The off-market sale and auction format suggest the vendor is testing depth, and with 86% auction clearance in Padstow, the market is absorbing stock quickly. The house suits a family wanting immediate move-in quality near Padstow station and good school catchments, without renovation risk. The covered patio and low-maintenance backyard reduce ongoing cost, while the separate internal laundry with extra shower adds practical density for young households.
The main risk is the land size,46% site coverage leaves limited scope for extension without council approval, and the 379sqm lot is below the suburb median for detached houses. The buyers guide of 1.45M sits near the top of the valuation range, so any overpay erodes equity in a flat-growth corridor. However, the location within walking distance of transport and shops supports rental demand at around 870 per week, giving a gross yield near 3.1%,acceptable for a family hold. The property should be acquired at or below the guide, held for five years, and used as a low-maintenance home or a stable rental in a liquid market.
Detailed Independent Property Report prepared by PropCred Analyst team for 75 Faraday Road, Padstow NSW 2211
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
URL has been copied successfully!
Market Insight
Padstow is a well-established family suburb with strong transport links, anchored by a mature demographic profile. Demand is driven by owner-occupiers, particularly families, seeking its established amenity and school catchments. The market demonstrates solid growth with houses in high demand and a notably resilient unit sector. Future performance is supported by consistent transactional volume and its established infrastructure, though high entry prices and sensitivity to broader economic conditions present constraints on affordability and supply.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
3
Land
379m²
URL has been copied successfully!