8/13 Lucinda Road, Marsfield NSW 2122
8/13 Lucinda Road, Marsfield NSW 2122
Boutique complex of 9 | 3 beds with built-ins | Private courtyard & 2 car spaces | Walk to primary school | Low-maintenance living
This villa presents a competitively strong offering for downsizers or first home buyers seeking a low-maintenance residence in a tightly held, walkable location. Its full brick construction, two secure car spaces, and private courtyard are rare for a unit of this scale in Marsfield, positioning it as a durable and convenient holding. The propertyΒs immediate proximity to a well-regarded public school and community sports facilities underpins its enduring appeal to a specific demographic, ensuring consistent rental demand from similar profiles.
The primary risk mechanism is the strata title, which costs the buyer control over major capital works and ongoing fees, though the small complex size mitigates some management complexity. The single bathroom configuration limits broader resale appeal compared to three-bedroom, two-bathroom stock. For an investor, the commercial logic is clear: secure a property with a high-confidence rental yield in a stable catchment. For an owner-occupier, it is a hold for lifestyle convenience over aggressive capital growth, best suited for those whose needs align precisely with its efficient layout.
Recent comparable sales provide context:
– 3/13 Lucinda Road (same complex): Sold for $1,250,000 in May 2024.
– General Marsfield market: 48 sales this year with an 80% auction clearance rate, indicating robust demand.
The sale within the same complex twelve months ago establishes a direct value benchmark, suggesting this listing will attract a premium reflective of its updated condition and current market strength.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Marsfield is a high-value suburb primarily driven by established professionals and families, evidenced by its dominant household composition and high median prices. Recent market activity reflects strong demand with significant price appreciation, though this growth is tempered by notable affordability constraints and a recent population decline. Future performance hinges on sustained demand from its core demographic amid these supply and affordability pressures.