33/33-39 Veron Street, Wentworthville NSW 2145
33/33-39 Veron Street, Wentworthville NSW 2145
Near-new apartment | 3-bed configuration with lift access | Strong rental yield around 5% | Flood overlay flagged on one record | Station within short walk
This unit sits at the higher-quality end of Wentworthville’s apartment stock, offering modern finishes like stone benchtops, gas cooking, ducted air-conditioning, and secure basement parking—features that distinguish it from older walk-up blocks near the station. The building’s lift access and storage cages appeal strongly to downsizers and investors seeking low-maintenance living with transit convenience. With 2–3 bedroom layouts and consistent rental demand, it serves owner-occupiers wanting proximity to Parramatta and Westmead corridors, as well as first-home buyers priced out of detached housing. The complex’s near-new condition and secure entry give it a competitive edge over ageing unit stock in the suburb.
The flood overlay detected on one record for this address may affect insurance premiums and long-term risk perception, though other sources do not flag it—worth clarifying with council before committing. The building’s mixed tenure, with owner-occupiers averaging nearly five years, suggests stability but also limits quick resale turnover. Price movement may hinge on floor level and aspect, which are not confirmed for this specific unit, as higher floors with better light typically command premiums in lift-access complexes. Rental estimates around $800 per week indicate strong income potential, but verify actual lease terms and body corporate fees to gauge net yield accurately.
Detailed Independent Property Report prepared by PropCred Analyst team for 33/33-39 Veron Street, Wentworthville NSW 2145
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
2
URL has been copied successfully!
Market Insight
Wentworthville, in Sydney’s greater west, offers a balanced mix of 57% houses and 43% apartments. First-home buyers and investors anchor apartment demand at a $597,000 median, families drive house purchases around $1,465,000–$1,471,000, and downsizers favour low-maintenance units. House price growth is uneven, ranging from 2.87% to 7.1% annually, while units rose a more modest 1.4–1.69%; houses sell in a median 35 days. Recent turnover of 103 houses and 260 units confirms active market participation. Gross rental yields favour units at 5.73% versus 2.52% for houses, reinforcing investor interest. The suburb sits below long-term trend and is assessed as undervalued, indicating future upside, although house medians near $1.5 million are an affordability constraint and rate sensitivity remains a risk given the wide variance in growth rates.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 4/33-39 Veron St sold $690,000 in May 2024; 35/33-39 Veron St marketed $700k–$770k | Property Price Band: $650K–$750K | Value Drivers: floor level, modern finishes, parking allocation, flood overlay clarity
Bedrooms
2
Bathroom
2
Parking
1
Land
123m²
URL has been copied successfully!