15/46-48 Marlborough Road, Homebush West NSW 2140

104m² internal space | double-brick complex | low strata of $726/qtr | strong young-adult rental demand The unit’s 104m² floorplan is rare for a two-bedroom apartment in this price band, offering a genuine size advantage over most nearby stock. The double-brick construction and low strata levies reduce holding costs and signal a well-run building, which supports long-term capital stability. This property suits an owner-occupier seeking space without a house price, or an investor targeting the dominant 20-39 age demographic that rents in this area. The main risk is the flat capital growth seen in recent building sales, with one unit held six years returning only 0.38% annually. This suggests the complex does not outperform the suburb median, so price appreciation will likely track local averages rather than exceed them. The opportunity lies in the 6.42% rental yield achieved by a comparable unit, which offsets modest growth through reliable income. Hold this property for cash flow and space, not for rapid equity gain.