131/804 Bourke Street, Waterloo NSW 2017
131/804 Bourke Street, Waterloo NSW 2017
This is a sixth-floor, two-bedroom, two-bathroom apartment with one car space in the Tiara complex. The unit is positioned in a high-demand urban precinct and is priced below typical entry points for the area. Its configuration is well-suited for owner-occupiers or investors seeking strong rental fundamentals.
This unit’s competitive strength lies in its positioning within an acclaimed complex that offers park views and a lifestyle-oriented environment. The property sits below the suburb’s typical price point for similar configurations, which may attract buyers seeking value in a high-demand location. It serves first-home buyers or investors best, as the combination of a mid-floor position, established complex, and proximity to the CBD provides both liveability and rental appeal. The urban renewal context further supports long-term demand.
The property’s value may be influenced by its age, as the building is approximately two decades old, which could affect maintenance expectations compared to newer developments. Nearby high-density projects might add pressure on traffic and parking, though they also bring improved amenity. The unit’s finishes are unconfirmed, so a buyer should weigh the potential for updates against the price point. Rental yields in the area are typical for inner-city apartments, which may support investment decisions.
Detailed Independent Property Report prepared by PropCred Analyst team for 131/804 Bourke Street, Waterloo NSW 2017
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Waterloo is a high-density inner-city suburb undergoing significant urban renewal, attracting young professionals and families seeking urban convenience. Demand is driven by its strategic location near the CBD, ongoing infrastructure projects, and expanding local amenities. The unit market shows stable growth, while house prices have experienced recent volatility. Future growth is anchored in continued development and economic resilience, though rising prices present affordability constraints and potential market sensitivity to broader economic changes.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
1.02 ha
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