107/11 Mary Street, Rhodes NSW 2138

107/11 Mary Street, Rhodes NSW 2138
1-bed + car + storage | rare 74mยฒ floorplan | walk to metro + waterfront | investor-first-home sweetspot This apartmentโ€™s generous 74 square metres stands out among comparable oneโ€‘bedroom units, offering real separation between living and sleeping areas without compromising function. The inclusion of a single covered car space and lockable storage adds tangible everyday convenience often missing in compact builds. Situated within a walkable, transitโ€‘rich corridor steps from Rhodes Station and the waterfront retail precinct, it serves the investor or firstโ€‘home buyer seeking minimal upkeep in a location that commands consistent rental interest. The 2011 construction means modern finishes and air conditioning are already in place, reducing immediate upgrade needs. Strata levies may rise as the building ages, potentially eating into net yield for investors, while future highโ€‘rise approvals in the surrounding precinct might alter outlooks or overshadow common areas. The absence of dedicated outdoor space beyond a standard balcony could be considered a limitation for buyers accustomed to more private area, but the propertyโ€™s strong rental fundamentals and transport access are likely to underpin stable demand.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 107/11 Mary Street, Rhodes NSW 2138
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Market Insight:

Rhodes is a high-demand, transit-oriented suburb positioned for young professionals and families, with its waterfront renewal and exceptional CBD connectivity driving strong commuter appeal. Demand is led by investors targeting high-yielding units and owner-occupiers seeking amenity, though the market is bifurcated: house prices show robust growth while the high-volume unit segment experiences softer conditions and longer selling periods. Future growth is anchored in its established infrastructure and demographic appeal, yet key constraints include high house price points limiting affordability and sensitivity to interest rates within the substantial unit supply.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

1

Land

3965mยฒ

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