1507/15 Lachlan Street, Waterloo NSW 2017
1507/15 Lachlan Street, Waterloo NSW 2017
15th-floor Mirvac unit | generous 85m² layout | rooftop pool precinct | flood overlay noted | strong rental demand
This is a well-proportioned fifteenth-floor apartment in a Mirvac-managed tower, where the 85 square metre plan is rarely matched in newer inner-city stock. The configuration is well suited to buyers wanting genuine two-bedroom separation, secure parking, and a balcony without losing proximity to the city. Rooftop terrace, plunge pool, and barbecue areas are offered as shared amenities, adding a lifestyle layer that supports owner-occupier comfort and rental appeal. Within Waterloo, it is placed at the better-quality end of strata stock, with a resident profile suggesting stability rather than short-term turnover. It is best suited to downsizers, professional couples, or investors looking for durable demand and a recognised builder behind the property.
Flood overlay may introduce planning conditions for any future alterations, though current residential use appears unaffected. Value may also be influenced by aspect and outlook, which varies within the building; west or north orientations are typically preferred. Strong rental demand supports income return, but capital growth in this segment has been modest, so expectations should be measured.
Detailed Independent Property Report prepared by PropCred Analyst team for 1507/15 Lachlan Street, Waterloo NSW 2017
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
1
URL has been copied successfully!
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.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 1407/15 Lachlan Street sold $1.1M; 1706/15 Lachlan Street purchased $1.01M | Listed Price Band: $1.0M–$1.1M | Value Indicator: Mirvac build quality, generous 85m² floor plan, floor level and aspect
Bedrooms
2
Bathroom
2
Parking
1
Land
1313m²
URL has been copied successfully!