12/9 Goulburn Street, Warwick Farm NSW 2170

Modern unit in low-density complex | secure building with two bathrooms | tenanted at premium | rare configuration for area This unit presents a competitively strong offering within its immediate market, primarily due to its two-bathroom configuration, which is uncommon for two-bedroom properties in Warwick Farm and directly addresses a modern expectation that local houses typically lack. The property’s current tenancy at $580 per week, set against an estimated value of $570,000, demonstrates established rental demand and provides immediate income continuity for an investor. Its position within a secure complex with lift access and quality finishes caters specifically to buyers seeking a low-maintenance holding, whether as a landlord targeting professionals or an owner-occupier valuing convenience. The unit’s appeal is sharpened by its contrast to the predominant housing stock, which consists of older houses on large lots, thereby carving a distinct niche for modern, space-efficient living. The decision hinges on reconciling the unit’s premium positioning with the broader suburb’s price dynamics. The primary risk is valuation compression, as recent comparable house sales on large land parcels transact at similar price points, potentially limiting the unit’s capital growth trajectory relative to land-rich alternatives. The opportunity lies in securing a tenanted, modern property with a superior gross yield of approximately 5.3%, offering commercially sound cash flow while benefiting from the area’s high desirability and convenience. Proceed with an investor’s lens, valuing the secure income and low-maintenance profile over near-term land-value appreciation; it is a hold for yield, not a speculative land play. Recent sales of nearby houses provide essential context: – 12 Goulburn St (house): Sold $541,000 (Feb 2026), 2 bed, 1 bath, 1 car, on 2,341m². – Unspecified address: Sold $560,000 (Jan 2026), 2 bed, 2 bath, 1 car, on ~1.02 acres. These comparables confirm that this unit’s estimated $570,000 valuation commands a price parity with houses on significantly larger land, implying the premium is paid for the unit’s modern quality, dual bathrooms, and lock-and-leave convenience rather than land content. This establishes a clear value inference for buyers: the unit trades on its functional attributes and income certainty, not land scarcity, which defines its distinct risk and return profile within the suburb.