11/22-24 Wassell Street, Matraville NSW 2036

Multi-level townhouse | quiet family complex | pool & visitor parking | bus at gate | long-holder suburb. This property presents a competitively strong, low-maintenance housing solution within a tightly held complex, offering the spatial and functional benefits of a house. Its three-bedroom, two-bathroom configuration with dual parking and private outdoor space is the dominant and most sought-after format in Wassell Street, directly serving families seeking space and amenity near transport and beaches. The complex’s established, quiet character and shared facilities like a swimming pool reinforce its appeal to long-term occupants, translating into stable rental demand and consistent capital growth from a buyer pool that values livability over transience. Your decision hinges on accepting strata governance for the benefits of shared amenities and maintenance, a cost offset by the property’s lower upkeep demands. The substantial history of long holding periods here indicates a market that rewards patience, not speculation. This property is best acquired as a long-term family home or a hold investment, leveraging its inherent rental appeal; its value is accrued through occupancy, not rapid turnover. Recent sales of near-identical townhouses in the same complexes demonstrate a clear value band: – 13/22-24 Wassell St sold for $1,350,000 in December 2025. – 60/22-24 Wassell St sold for $1,310,000 in November 2025. – Examples in the adjacent 16-18 complex have traded between $1.23m and $1.4m. This cluster of sales establishes a firm benchmark, confirming this property type transacts reliably within a $1.23m to $1.4m range, with recent sales trending at the upper end. This consistency underscores the model’s enduring market acceptance.