1005/2 Waterways St Wentworth Point NSW 2127

1 bed apartment |142m² lot |Listed $635k |$715pw rental yield| Est value $633k |Secure parking |School catchment This one-bedroom apartment on a 142sqm lot suits singles or couples seeking low-maintenance living with reliable connectivity in a residential setting. It delivers practical space for everyday use, bolstered by features like air conditioning, secure parking, and NBN fibre, making it functional without excess. Positioned in a strata complex on Waterways Street, it blends into a cluster of similar one and two-bedroom units that prioritise convenience over grandeur. First home buyers or investors drawn to steady rental returns around $715 weekly find these appealing, especially with no flood or bushfire risks. Comparable apartments on the street, like those estimated at $698k-$705k, show solid demand, with recent sales in the building hovering near $707k for larger configs. Its 142sqm lot exceeds the user’s noted 80sqm, offering relative generosity in strata terms for storage or outdoor access. In Parramatta Council’s residential zone, it holds appeal for long-term holders via school catchments including Wentworth Point Public and stable 5G coverage. Market behaviour suggests resilience, as one-beds here maintain values amid suburb growth without sharp volatility. This setup positions it well for buyers valuing security and yield over expansive living.