109/14-16 Station Street, Homebush NSW 2140
109/14-16 Station Street, Homebush NSW 2140
split-level 2-bed 2-bath | dual car space | station-adjacent amenity-rich | strong commuter demand | possible flood overlay
This unit offers a configuration that stands out in the suburb: two secure parking spaces, a split-level layout, and lift access within a well-established complex. It is positioned within a short walk to the station and public school, while the complex’s pool, gym, and spa add lifestyle appeal. The dual parking is a genuine advantage over typical one-car apartments in the area, making this property particularly well-suited to small families needing two vehicles or investors targeting commuter tenants who expect convenience and security. The low-maintenance format also attracts downsizers wanting lock-and-leave living without sacrificing space.
The site-level flood overlay flagged on some lots in the complex may affect insurance costs or financing options, though its material impact on this specific unit remains unverified. The lack of confirmation on outlook and internal presentation means the property could perform differently from recently sold two-car units in the same building. Buyers should weigh the benefits of the dual parking and split-level layout against potential body corporate levies associated with the extensive amenities. Market demand for this apartment type appears stable, but price growth may be tempered by the surrounding high-density character.
Detailed Independent Property Report prepared by PropCred Analyst team for 109/14-16 Station Street, Homebush NSW 2140
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
1
Execution Risk
1
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Market Insight
Homebush remains an inner-west market defined by a sharp house-unit divergence. House prices sit at a $2.555m-$3.407m median, with annual growth of 18.35%-26.5% but just 16-26 sales, signalling scarce supply and affordability constraints. The unit market contrasts: median $655k-$665k, gross yield 5.7%-5.75%, 338 sales over the past year, and 42 median days on market. That activity points to investor and smaller-household demand, supported by proximity to Parramatta Road and key arterial routes. Future growth hinges on continued house scarcity, while unit prices face near-flat growth of -0.15% to -2.1% and rate sensitivity. Vacancy sits at 1.81%, with unit rents around $720-$725 weekly, keeping rental demand steady but limiting yield upside.
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PropCred Estimated Value
Comparable Sales: 103/14-16 Station Street $768,000; 54/14-16 Station Street $760,000 | Property Price Band: $700K–$800K | Value Drivers: dual parking, split-level layout, presentation and condition
Bedrooms
3
Bathroom
2
Parking
2
Land
1.81 acres
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