4/17 Hillard Street, Wiley Park NSW 2195
4/17 Hillard Street, Wiley Park NSW 2195
Top-floor privacy | 87mยฒ internal | strong suburb growth | high rental demand in area
This unitโs competitive strength lies in its rare top-floor position within a small block, offering total privacy and natural light that lower units in the same building cannot match. The 87mยฒ internal area is generous for a two-bedroom apartment and positions it well against typical Wiley Park stock, where smaller floorplans are common. Given the suburbโs 14.3% annual growth and median sale price alignment with recent building comparables, this property serves best for an investor seeking stable rental yield in a high-renter market or an owner-occupier wanting space and light without a house price.
The primary risk is the buildingโs mixed holding tenure, with half the owners having held for over a decade, which may indicate deferred maintenance or strata fatigue that could surface through special levies. The 0% auction clearance rate in the suburb suggests buyer caution, so negotiating below list price is a realistic opportunity given the two-day market exposure. For an investor, the 5.5% rental yield achieved by a similar unit in the same block confirms strong income potential, and holding for at least three years should capture further suburb uplift while the high rental population supports consistent occupancy.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 4/17 Hillard Street, Wiley Park NSW 2195
Market Insight:
Wiley Park presents a compelling urban investment with strong fundamentals. Demand is driven by young professionals seeking affordable entry into the Sydney market, supported by significant population growth projections. The market exhibits robust capital appreciation across both houses and units, with houses moving quickly and units offering attractive rental yields. Future growth is underpinned by a potential supply shortfall relative to forecast population increases, though this is tempered by current low development activity which may constrain buyer choice.