15/13 Oxford Street, Merrylands NSW 2160

Alexia Gardens security complex | first-floor unit with three balconies | high ceilings and north-east aspect | no overlays and ready to occupy This property offers an uncommon configuration for its price point: a first-floor unit with north-east orientation, three balconies, and high ceilings in a security complex,features that typically command a premium in the Merrylands market. The 96m² floorplan with floating flooring and air-conditioning removes the need for immediate capital outlay, and the lock-up garage adds tangible utility for owner-occupiers or tenants. The unit suits first-home buyers or investors seeking a low-maintenance holding in a suburb with 5.5% rental yield and recent 3.5% capital growth, supported by comparable sales at 18/13 Oxford Street at $495,000 in mid-2025. The primary risk is the absence of recent comparable sales within the complex itself, which narrows the evidence base for price justification; the estimated $512,000 value sits near the middle of the guide, leaving limited immediate upside unless the suburb’s growth trajectory accelerates. The property’s strength lies in its immediate livability and low holding costs,no renovation, no overlay constraints, and a rental return of $510–$610 per week that covers typical mortgage costs at current rates. Hold this unit as a cash-flow neutral entry into Sydney’s west, with the option to sell into the next growth cycle without carrying deferred maintenance.