5/2A Mulla Road, Yagoona NSW 2199

2-bed, 1-bath, 2-car apartment | 116sqm internal on 3089sqm lot | Yagoona school catchment | 5G coverage, no flood or bushfire risk This unit offers an uncommon configuration edge for Yagoona: 116sqm of internal space with two dedicated car spaces, which is rare for a two-bedroom apartment. The large lot position on 3089sqm suggests lower density and better building envelope than typical strata blocks, reducing noise and overlooking. The property sits in a clean flood and bushfire zone, and within established school catchments, which supports stable demand from families and downsizers. It best suits a buyer seeking space and parking over a modern finish, or an investor targeting the $615–$785 weekly rental bracket with a gross yield of 5.6–6.4%. The primary risk is the age and condition of the building, which is not disclosed, and any special levies or sinking fund position that could erode cash flow. The 2020 sale at $460,000 and current $621,000 estimate indicate price growth of roughly 35% over six years, but this pace may not repeat in a flat market. The opportunity lies in the rental yield, which is strong for Sydney, and the potential for value-add through cosmetic upgrades. Hold for income or as a long-term hold in a gentrifying corridor, not for short-term capital gain.