1/594 Blaxland Road, Eastwood NSW 2122

Ground-floor | north-facing | renovated 1-bedder | walk to Eastwood station This unit’s strongest buying case is its rare ground-floor position in a small block of only 12, combined with a north-facing aspect that delivers consistent natural light — a configuration that typically commands a premium in this part of Eastwood. The 63m² floorplan, timber floors, and fresh paint mean no immediate capital outlay, while the covered car space on title and low strata of $710 per quarter keep holding costs manageable. It suits first-home buyers or downsizers seeking a lock-and-leave with good walkability to the station and shops, and the 5.2% rental yield signals solid tenant demand if the buyer later transitions to an investment. The flood overlay is the key risk here and should be investigated through council records and insurance quotes before committing — it may affect lender appetite or premium levels. However, the property sits outside bushfire and heritage overlays, and the suburb’s 23.5% growth rate suggests ongoing price support. The NBN hybrid fibre and 5G coverage are adequate for remote work, though not a prime driver. For a buyer willing to verify the flood risk, this unit offers a rare combination of low-maintenance liveability, positional convenience, and configuration edge in a tightly held block.