1209/57-59 Queen Street, Auburn NSW 2144

Large 140sqm floorplan | premium over recent 2-bed sales | strong 7% rental yield | quiet complex near station The property’s primary competitive advantage is its uncommon 140sqm internal size, which positions it well above typical two-bedroom units in the building and justifies a price premium over recent comparable sales. The fully tiled layout, ensuite, and covered balcony add genuine owner-occupier appeal, while the recorded rental yield of approximately seven percent signals solid investor demand. This unit is best suited to a buyer seeking a larger-than-standard apartment within walking distance of Auburn Station and amenities, or an investor prioritising yield over entry price. The main risk is the list price’s distance from the $535,000–$560,000 range where similar two-bedroom units have recently traded, which may limit resale upside in the short term. However, the larger floor area and superior features create a genuine point of differentiation that supports negotiation toward the $595,000 off-market estimate. The building’s high proportion of long-term owners suggests stable occupancy, and the absence of bushfire, flood, or heritage overlays reduces environmental risk.