103/14-16 Station Street, Homebush NSW 2140
103/14-16 Station Street, Homebush NSW 2140
2-bed resort-style unit | walk-to-station location | strong rental demand | established 2002 complex | flood overlay flagged
This unit sits inside a well-established, resort-style complex that stands apart from much of Homebush’s older walk-up stock. The dominant 2-bedroom, 2-bathroom configuration with secure parking is consistently sought after by downsizers, young professionals, and investors because it offers genuine low-maintenance living without sacrificing space. The complex’s pool, gym, and playground add everyday appeal that typical suburban blocks lack, and the short walk to Homebush Station makes it a practical choice for commuters. For a buyer wanting a solid, lettable apartment with good amenity and transport access, this is a strong fit.
Value may be shaped by the unit’s exact floor level, aspect, and renovation state, since finishes vary noticeably across the complex. The flood overlay flagged on some lots could affect insurance costs or lender appetite, though it does not appear to have suppressed recent sales activity. The building’s 2002 construction means older kitchens and bathrooms may need updating, which could influence how the property compares to newer stock. Buyers should weigh these factors against the complex’s proven rental demand and the convenience of its location.
Detailed Independent Property Report prepared by PropCred Analyst team for 103/14-16 Station Street, Homebush NSW 2140
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Homebush remains an inner-west market defined by a sharp house-unit divergence. House prices sit at a $2.555m-$3.407m median, with annual growth of 18.35%-26.5% but just 16-26 sales, signalling scarce supply and affordability constraints. The unit market contrasts: median $655k-$665k, gross yield 5.7%-5.75%, 338 sales over the past year, and 42 median days on market. That activity points to investor and smaller-household demand, supported by proximity to Parramatta Road and key arterial routes. Future growth hinges on continued house scarcity, while unit prices face near-flat growth of -0.15% to -2.1% and rate sensitivity. Vacancy sits at 1.81%, with unit rents around $720-$725 weekly, keeping rental demand steady but limiting yield upside.
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PropCred Estimated Value
Comparable Sales: 54/14-16 Station Street sold $760k; 92/14-16 Station Street asking $750k | Property Price Band: $700k–$800k | Value Drivers: floor level, renovation condition, aspect and outlook
Bedrooms
2
Bathroom
2
Parking
2
Land
142m²
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