29/26A Hythe Street, Mount Druitt NSW 2770

2 bed in Mount Druitt under $450k | in-building comparable sold $460k | strata tenure over 5 years | under offer signals tight supply The buying case is straightforward. This is a two-bedroom unit in a building where a three-bedroom apartment recently sold for $460,000, which suggests the $399,950 listing sat below intrinsic value for the complex. The average owner-occupier tenure of nearly six years indicates a stable block with limited turnover, reducing the risk of a poorly managed strata. For a first-home buyer or investor seeking entry below the $450,000 stamp duty threshold in NSW, this unit offers a rare configuration advantage,two bedrooms with one car space in a market where similar stock is absorbed quickly. The under offer status confirms demand is real, not speculative. The risk is that the unit’s exact condition and floor level are unknown from the limited data, and the $445,000 estimate implies the buyer may be paying close to fair value once the offer is accepted. The opportunity lies in the rental yield potential: the building’s three-bedder rents at $480 per week, so a two-bedroom unit should achieve around $400 to $430 per week, giving a gross yield near 5 percent at the purchase price. Hold this property as a long-term rental in a suburb with steady demand from families and workers accessing the train line and M4 corridor.