917/8 Galloway Street Mascot NSW 2020

917/8 Galloway Street Mascot NSW 2020
3-bed apartment in Meriton Kiara | 154mΒ² internal | 2 spaces | Est $1.31M value | Level 9 position|This three-bedroom apartment on a 154sqm lot with two car spaces suits professional couples or small families prioritizing space and parking in Mascot’s urban core. The generous 154sqm internal area sets it apart from typical units, offering practical room for flexible living whether working from home or hosting. Positioned on level 9 in the established Kiara building by Meriton, it benefits from a high-floor vantage without isolation from street-level amenities. In a precinct dominated by apartments, its dual parking stands out as a key draw for buyers frustrated by Mascot’s parking constraints. Similar three-bedroom units in the building and nearby Galloway Street listings have shown steady demand, often achieving rental yields around $1500-2000 weekly. This reflects attraction from young professionals and downsizers who value the quick CBD access via two train stops. The property’s flood overlay warrants caution for risk-averse buyers, though no bushfire or heritage issues enhance its insurability. Long-term holding appeal lies in Mascot’s infrastructure growth and the rarity of such sizable apartments with secure parking, supporting capital stability amid rising urban density. Comparable sales suggest resilient performance even in softening markets.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Mascot is an inner-south suburb benefiting from proximity to the airport, CBD and major employment hubs. It attracts professionals and investors. Demand is driven by connectivity and rental demand. High-density housing caps capital growth relative to houses. Price growth is moderate but supported by strong yields. It is a high-activity, infrastructure-led market.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

154mΒ²

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