110/8B Myrtle Street, Prospect NSW 2148
110/8B Myrtle Street, Prospect NSW 2148
generous 99sqm 2-bed apartment | modern finishes throughout | underground parking included | walkable to shops and transport | first-home buyer and investor appeal
This apartment is competitively positioned within the suburb due to its larger-than-typical floorplan at 99 square metres, which is a genuine rarity for a two-bedroom unit in this price bracket. The modern kitchen with gas cooking, stainless steel appliances, floorboards, split-system air-conditioning, and a balcony suggest the complex was built to a higher standard than many older apartment blocks in the area. The inclusion of underground parking and a modern bathroom with a dryer adds everyday convenience that appeals strongly to both first-home buyers seeking a lock-and-leave lifestyle and investors targeting steady tenant demand. Its proximity to the M4 motorway, local shops, schools, and public transport makes it a functional choice for commuters and downsizers alike.
The sale price of this property may be influenced by the fact that a very similar unit in the same building recently transacted at $490,000 in May 2025, providing a tangible market benchmark for the complex. The absence of confirmed floor level, aspect, or outlook means the unit’s light quality and noise exposure remain unknowns, which could affect its appeal compared to higher-floor or better-oriented apartments. Buyers should also note that the building’s shared amenities beyond underground parking are unverified, so the property’s value is tied primarily to its internal size and finishes rather than resort-style facilities.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 110/8B Myrtle Street, Prospect NSW 2148
Market Insight:
Prospect presents a mixed market with divergent performance between houses and units. Demand is underpinned by a growing population and a diverse demographic base, including both young families and established residents. While the house market has experienced recent price softening, it maintains relatively stable selling conditions. Future growth is supported by solid rental demand and low vacancy, though the unit segment faces significant price headwinds and affordability remains a key consideration against broader state benchmarks.