104/344 Great Western Highway, Wentworthville NSW 2145
104/344 Great Western Highway, Wentworthville NSW 2145
Modern Mosaic unit | 1-bed with secure car space | high rental yield suburb | near school and transport
This unit offers a rare combination of secure parking and a modern floorplan in a building with proven rental demand, as seen in the 6.93% yield on a comparable two-bedroom unit. The property sits in a family-oriented suburb with strong 7.1% growth and a high proportion of renters, making it ideal for an investor seeking reliable cash flow. For a first home buyer, the price point and low-maintenance design provide an accessible entry into a well-located area near Wentworthville Public School.
The main risk is limited recent sales data for one-bedroom units in this building, making valuation less certain. The 2022 sale price is not specified, so the buyer should rely on the estimated midpoint of $428,000 and the comparable unit 101 sale at $401k. The strata report is pending, which may reveal future levy increases or building issues. The buyer can mitigate this by reviewing the report before committing. Holding this property for at least three to five years aligns with the suburb’s tenure profile and growth trajectory.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 104/344 Great Western Highway, 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.