506/31B Garfield Street, Wentworthville NSW 2145
506/31B Garfield Street, Wentworthville NSW 2145
North-facing balcony | high owner-occupier ratio | dual ensuite layout | 119mยฒ floorplate
This unitโs 119 square metres with two ensuites is rare in the Wentworthville market, giving it a configuration edge over typical two-bedroom flats. The north-facing balcony and open-plan stone kitchen support owner-occupier appeal, and the buildingโs 90% owner-occupier ratio signals stable common property management and lower rental turnover risk. It suits a downsizer or professional couple seeking space and privacy without a house footprint.
The primary risk is the buildingโs 82-unit scale, which can dilute strata levy control and resale scarcity. The nearby 1-bedroom comp at $600kโ$620k suggests this unitโs price guide sits tight against a smaller product, meaning the buyer pays a premium for size rather than value. Opportunity lies in the 38% auction clearance rateโweak market conditions can favour a negotiated purchase. Hold for medium-term capital growth tied to Wentworthvilleโs infrastructure pipeline; use as a low-maintenance owner-occupied base with strong exit liquidity.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 506/31B Garfield Street, Wentworthville NSW 2145
Market Insight:
Wentworthville is a well-established western suburb with a balanced property mix, attracting diverse demand from first home buyers and investors seeking affordable apartments, families targeting houses, and downsizers. Recent price trends show moderate growth, with houses appreciating more strongly than units, and the market is active with consistent sales. Future drivers include its established nature and varied housing stock, though risks involve affordability pressures for houses and potential market sensitivity to economic conditions.