13/36 Railway Street, Wentworthville NSW 2145
13/36 Railway Street, Wentworthville NSW 2145
1-bedroom unit in multi-unit complex | secure parking & balcony | Parramatta council | no overlays | 5G coverage
This unit presents a competitively priced entry into the Parramatta council area, a core strength given the absence of bushfire or flood overlays which simplifies due diligence. Its single bedroom configuration with secure parking and internal laundry serves the budget-conscious investor or first-home buyer seeking a low-maintenance foothold in a major urban centre. The inclusion of air conditioning, heating, and a dishwasher positions it above basic rental stock, appealing to a tenant demographic that values convenience.
Proceed with the understanding that the limited comparable sales data for one-bedroom units in the immediate area obscures precise valuation, a risk that demands a conservative bid strategy. The lack of data on building age, floor level, and local development pipelines necessitates a thorough building inspection and council enquiry. This property is best acquired as a long-term hold, leveraging its rental-ready features for immediate yield while banking on Parramatta’s broader growth. Its configuration dictates it will primarily appeal to a single professional or couple, limiting future buyer pools compared to two-bedroom offerings.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Wentworthville is a well-established western suburb with a balanced property mix, attracting diverse demand from first home buyers and investors seeking affordable apartments, families targeting houses, and downsizers. Recent price trends show moderate growth, with houses appreciating more strongly than units, and the market is active with consistent sales. Future drivers include its established nature and varied housing stock, though risks involve affordability pressures for houses and potential market sensitivity to economic conditions.