102/35B Upward Street, Leichhardt NSW 2040

Prime location in Leichhardt Green | 81sqm internal with study nook | strong owner-occupier appeal | above-median floor plan The property’s competitive edge lies in its generous 81sqm internal footprint plus a study nook, a configuration increasingly rare in new-build Inner West apartments. Both bedrooms open to balcony access, and the open-plan living with stone kitchen and timber floors positions it well for professional couples or downsizers seeking low-maintenance living without sacrificing space. The building’s 65% owner-occupier ratio signals stable resident care and lower turnover risk, while proximity to light rail, express buses, and Kegworth Public School adds practical daily utility. For a buyer, this unit offers a floor plan that typically commands a premium over the building’s ~$990k median. The primary risk is the 43% auction clearance rate in Leichhardt, which suggests buyer caution may soften bidding intensity. Strata levies at $2,050 per quarter are moderate but should be stress-tested against the building’s sinking fund given 49 properties share common areas. The recent comparable sale at $985k with 4.49% rental yield indicates the ceiling for investor-driven price growth may be near. For an owner-occupier, this property holds long-term value through its layout and location; for an investor, the yield is adequate but not exceptional—hold for capital stability rather than rapid appreciation.