901/3 Mooltan Avenue, Macquarie Park NSW 2113
901/3 Mooltan Avenue, Macquarie Park NSW 2113
9th-floor city outlook | 68sqm efficient floorplan | Macquarie Park Village | 2017 build with gym access
This unit offers a rare combination of a genuine city-facing outlook and a compact but functional 68sqm internal area within a 2017 building, which places it ahead of older stock in the suburb. The 9th-floor position, balcony, and district views provide a qualitative edge that most one-bedroom units in Macquarie Park lack, and the inclusion of gym access and built-in robes makes it competitive for both owner-occupiers and tenants. It is best suited to a first home buyer seeking a low-maintenance home with strong lifestyle amenity, or an investor targeting the professional and student rental demand from the nearby university and metro.
The primary risk is the current market softness, with days on market around 74 and suburb growth flat, which may extend the selling period and limit short-term capital gain. Strata levies of $1,106 per quarter are moderate but should be checked for any upcoming special levies given the building age. The rental estimate of $680โ$700 per week offers a gross yield near 6.4% at the lower end of the price range, which is solid for the area. Hold this property as a long-term income-producing unit in a corridor with infrastructure investment; do not expect rapid appreciation in the next two years.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 901/3 Mooltan Avenue, Macquarie Park NSW 2113
Market Insight:
Macquarie Park presents a nuanced market, currently positioned with softening unit prices and a noted decrease in house sales activity. Recent trends indicate a cooling period, particularly for units, while houses show more moderate movement. This environment may attract strategic buyers seeking value, with future prospects likely tied to broader economic conditions and local supply dynamics.