Hi looking for some guidance around buying a newly built duplex vs another that is 16 years old. For me location, school catchment is key and both satisfy that. 135 Pennant Parade, Epping, NSW 2121 https://www.realestate.com.au/property-duplex+semi-detached-nsw-epping-133612786 14C Dunlop Street, Epping, NSW 2121 https://www.realestate.com.au/property-duplex+semi-detached-nsw-epping-133735682
Pennant Pde one is on Carlingford Rd which is a lot busier than a few years ago Dunlop St Duplex just looks meh (when compared to pennant parade one) - Wonder if you could squeeze a small lot house - again the nicer ones ive seen in the local may not be within your desired school zone?
Looking for catchment for both Cheltenham and Carlingford high school. 135 pennant parade is new - just wondering abt resale given my thinking to sell 7-8 years from now once kids complete schooling. We like 135 pennant parade as its new - but concerned abt resale due to House being on main road and also is west facing .. full wall shared ( whereas 14c Dunlop is just sharing garage wall) and hearing that newer age builds may not be preferred by buyers down the line as opposed to old brick ones
A property 5-15 minute walk to station in a quiet location will always be preferred to something over 15 minutes walk to station in an equally quiet location.
Carlo & Epping HS are easier to get in than Cheltenham HS so for your budget Carlingford on Epping side is possible - no need to go to North Rocks side Personally I would rather buy a house than a duplex even if it's older with decent structure and with new paint + new kitchen + bathroom is as good as any new duplexes on those streets
If you are going to do Carlingford, then the Murray Farm area near the M2 is best for transport because you can catch the M2 buses. I still wouldn’t rely on the upcoming Carlingford light rail as it only goes towards Parramatta.
Thanks for your inputs so far. Family is still very much interested in the 135 pennant parade duplex. Would you be able provide some inputs around its resale and appreciation 7-8 years from now ? It’s property built in Apr 2020.