21/1-9 Florence Street South Wentworthville NSW 2145

2 bed apartment on 89m² lot |Suits downsizers or investors |Units median $722k with 5.15% yield |40 days avg on market|This two-bedroom apartment on an 89sqm lot suits couples or investors seeking low-maintenance living with secure parking in a family-oriented area. Its compact land size offers practical strata ownership without the upkeep of houses, appealing to those prioritising affordability over expansive grounds. In a suburb where units take around 40 days to sell compared to 32 for houses, this property aligns with steady demand from renters and first-home buyers drawn to its two parking spaces. Similar two-bedroom units have medians around $580k to $722k, positioning it competitively amid softening unit growth of -1.9% over the past year. Buyers typically include young professionals or retirees valuing the privacy of an upper-floor position in a small complex. The 5.15% rental yield outperforms houses at 3%, supporting cash flow for holders. Long-term appeal stems from its fixed land component in a market favouring houses, yet units provide entry-level stability. Street context shows comparable sales like a nearby two-bed at $569k, suggesting measured appreciation potential. Overall, it holds value as a reliable performer for patient owners amid shifting unit dynamics.