1311/1 Australia Avenue, Sydney Olympic Park NSW 2127
1311/1 Australia Avenue, Sydney Olympic Park NSW 2127
This is a 2-bedroom plus study apartment on level 13 of Australia Towers in Sydney Olympic Park, spanning 96 square metres with one bathroom and one secure car space. The high floor position is the property’s defining feature, offering clear panoramic views and a sense of separation from the street-level activity that is uncommon in this precinct. It belongs to a modern, high-density residential tower with integrated retail and a substantial gymnasium on the podium, placing it at the core of the suburb’s convenience-driven lifestyle.
The competitive strength of this property lies in its combination of a genuine study with a full second bedroom and a high floor position, which is rare for a 2-bedroom configuration in this building and price tier. It sits well within Sydney Olympic Park, a suburb defined by modern infrastructure, strong transport links, and a growing residential population. This unit is best suited to professionals or small families who prioritise a light-filled, well-connected home with a dedicated workspace and proximity to parklands and employment hubs, without needing a second bathroom.
The cladding replacement requirement and associated special levy represent the most material factor affecting value, as the cost remains undetermined and may influence both sale price and buyer appetite. The listed price sits notably above the estimated value based on recent comparable activity, which may reflect a premium for the high floor and study, or alternatively, a gap that requires adjustment. Rental yield appears reasonable at roughly 6.5 percent, but the unknown levy and limited direct sales evidence for this exact unit type mean a buyer should weigh the long-term holding cost against the property’s positional advantages.
Detailed Independent Property Report prepared by PropCred Analyst team for 1311/1 Australia Avenue, Sydney Olympic Park NSW 2127
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Sydney Olympic Park is a purpose-built unit market with excellent transport and event infrastructure. Demand is driven by tenants seeking proximity to employment hubs, supporting strong rental yields. Recent unit prices have softened, reflecting broader market trends, while the extremely limited house market underscores a constrained supply. Future growth is linked to its established connectivity and precinct appeal, though the market’s concentration in units presents sensitivity to broader apartment trends.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
1 acres
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