108/85 Park Road Homebush NSW 2140

Modern 2-bed/2-bath with parking | Secure courtyard & balcony | Flood overlay present | Strong rental yield signals This unit presents a competitively sized two-bedroom, two-bathroom layout with secure parking, a configuration that outperforms the typical two-bedroom, one-bathroom stock in Homebush and appeals directly to owner-occupiers seeking space and investors targeting dual-income couples. Its private outdoor areas and modern finishes position it above basic investment stock, serving downsizers and first-home buyers who value a low-maintenance lifestyle in a well-established apartment setting. The suburb’s high proportion of renters substantiates reliable tenant demand. The primary decision factor is the identified flood overlay, which necessitates immediate due diligence on insurance premiums and potential future resale constraints. Offsetting this is the unit’s estimated rental yield, supported by recent comparable lets, suggesting solid cash flow for an investor. For a buyer, the commercial logic favours a long-term hold to capitalise on the area’s steady growth, treating this as an income-producing property with a premium configuration. A Propcred report would clarify the precise financial impact of the flood risk and provide a current market valuation to anchor your offer. Recent comparable sale at 204/85 Park Road, a two-bedroom, one-bathroom unit in the same building, sold for $570,000 in August 2024. This transaction underscores a market premium for this property’s additional bathroom and suggests its value sits comfortably above that benchmark.