4/114 Great Western Highway, Westmead NSW 2145

Westmead unit | 1-bedroom study | 88 sqm internal | $685+ pw rent yield | 5 of 70 units for sale This property’s key risk is oversupply from five concurrent listings in a 70-unit building, which depresses price growth and lengthens holding period; buyers absorb the opportunity cost of slower capital appreciation. A 6.37% rental yield offers stable income offset against this risk. The unit holds best as a long-term buy-and-hold investment in a high-demand suburb near Westmead Hospital and Parramatta CBD. The 88 sqm internal area with a dedicated study and rare outdoor space is competitively superior to typical one-bedroom apartments, giving the buyer a wider tenant or owner-occupier pool. Westmead’s 65% owner-occupier rate and strong school catchment reduce vacancy risk. This property suits an investor seeking secure cash flow or a first-home buyer wanting more space near transport and employment hubs. Comparable unit sales: unit 31 (2/2/1 for $550k, held 2 years), unit 35 (2/2/1 for $590k, held 4 years), and unit 15 (2/2/1 for $550k, held 1 year). These two-bedroom units sold $550k–$590k; this one-bedroom with study and parking holds a premium smaller floorplan yet at similar value per square metre, indicating underpricing near the guide floor. Request a formal valuation before offering.