6/2 Warramunga Street, St Marys NSW 2760
6/2 Warramunga Street, St Marys NSW 2760
3-bed townhouse | 1992 build | 1,415 m² complex | 11 units | 5G covered | 4.6% yield area
This townhouse sits in a compact, low-rise complex of eleven, offering a practical three-bedroom layout that suits first-home buyers, young families, and investors alike. Its position near the rail interchange, Queen Street shops, schools, and the M4 gives it genuine everyday convenience, while the 1992 construction and moderate owner-occupier retention suggest a settled, well-maintained pocket. The 98 m² internal size for a comparable unit in the same complex indicates decent living space for the typology, and the absence of hazard overlays adds peace of mind. For a buyer seeking low-maintenance living with solid rental appeal, this property delivers a straightforward, functional package in a connected suburban setting.
Value may be shaped by the variation in reported internal sizes across units, which could indicate layout differences or data inconsistencies that warrant a physical inspection. The older build might require budgeting for future updates to kitchens or bathrooms, and shared strata arrangements limit autonomy compared to detached housing. The recent sale of a similar unit in the complex at $605,000 suggests the market has moved upward since earlier transactions, but the exact condition and orientation of this specific unit remain key unknowns. Buyers should weigh the potential for steady rental demand against the need for any capital outlay on improvements.
|| Comparable Sales: 2/2 Warramunga St sold $605,000 in 2024; 7/2 Warramunga St sold $329,000 in 2016 | Property Price Band: $600,000–$700,000 | Value Drivers: internal condition, layout practicality, proximity to transport and retail
Detailed Independent Property Report prepared by PropCred Analyst team for 6/2 Warramunga Street, St Marys NSW 2760
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
St Marys is a well-established Western Sydney suburb with a clear market segmentation, attracting diverse demand. Families are drawn to its houses for the school access and lifestyle, while first-home buyers and investors find value in the apartment segment. The market has demonstrated strong recent growth, with houses appreciating notably and units offering solid rental yields. Long-term fundamentals are supported by consistent demand, though the market is currently considered fairly valued, suggesting steady rather than speculative future performance.
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PropCred Estimated Value
Comparable Sales: 2/2 Warramunga St sold $605,000 in 2024; 7/2 Warramunga St sold $329,000 in 2016 | Property Price Band: $600,000–$700,000 | Value Drivers: internal condition, layout practicality, proximity to transport and retail
Bedrooms
3
Bathroom
1
Parking
1
Land
1675m²
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