13C/356-368 George Street, Waterloo NSW 2017

2-bedroom north-facing apartment | 92m² in boutique block | Waterloo’s established owner-occupier pocket | 5.54% rental yield above suburb median This unit presents a rare configuration advantage in Waterloo: a genuine 92m² two-bedder in a 2015 building with 80% owner-occupancy, meaning the block is less exposed to investor churn and short-term letting. The 5.54% rental yield,well above the suburb’s $950 median,signals strong tenant demand for this floorplan, making it suitable for a buyer seeking both a solid owner-occupier home and a future rental fallback. The north-facing orientation and 5G coverage add practical livability, while the 2013 purchase price history shows the vendor has held through a full cycle, reducing the chance of a distressed sale. Flood overlay is the primary risk: it may narrow the buyer pool and affect insurance premiums, though the building’s 2015 construction suggests it was built to current standards. The 56% local auction clearance rate indicates softening demand, so a pre-auction offer at the lower end of the listing range could secure a discount. Hold this property as a long-term home with rental optionality; its yield and owner-occupier block profile make it a low-volatility hold in a high-supply suburb.