28/24-28 Wigram Street, Harris Park NSW 2150
28/24-28 Wigram Street, Harris Park NSW 2150
2/1/1 first-floor | Wigram Street transit | 6.42% rental yield | established secure | painted inviting
The first-floor unit in a secure complex benefits from a position close to the Harris Park train station and local amenities like shops and cafes. It is noted as painted and inviting with a good-size kitchen, suggesting a move-in ready state. The 2/1/1 layout is typical for this building, and recent rental evidence of around $570-$580 per week with a 6.42 per cent yield confirms strong demand from investors. The building profile shows a stable mix of owners and tenants. This property is likely attractive to first-home buyers seeking convenience, downsizers wanting low-maintenance living, or investors looking for solid cash flow from a well-positioned unit.
Value may depend on the unit’s actual condition versus the building’s age, as no renovation details are available. Future updates to kitchen or bathroom might be needed. The strong rental yield is a positive signal, but strata levies should be confirmed to assess net returns. Aspect and outlook are unverified and could affect desirability, so an inspection is recommended.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 28/24-28 Wigram Street, Harris Park NSW 2150
Market Insight:
Harris Park presents a complex, undervalued market with divergent performance between its house and unit segments. Recent house price growth has been notably strong, attracting professional buyers within a younger demographic, while the high proportion of strata units creates a distinct, more affordable entry point. This dynamic suggests a suburb in transition, with future growth hinging on its ability to attract owner-occupiers seeking value, though the significant apartment supply remains a key constraint on overall capital growth.