16/57-59 Lachlan Street, Warwick Farm NSW 2170
16/57-59 Lachlan Street, Warwick Farm NSW 2170
2 bed, 2 bath, 1 car | 106 m² internal | Mid-$400s to low-$600s local band | Strong rental yield ~6.3% | Established low-rise strata
This unit holds a competitive edge through its generous 106 m² internal area, which is above the typical 96 m² seen in the same complex. That extra space translates to more livable room, a meaningful differentiator in a market where most comparable apartments offer similar bedroom and bathroom counts. Its position within Warwick Farm, close to Liverpool’s retail, transport, and employment precincts, makes it a practical choice for couples, small households, or downsizers seeking convenience without a premium price tag. The tenure mix, dominated by shorter ownership periods, signals active turnover and steady demand from both first-home buyers and investors, supported by a rental yield around 6.3% that outperforms many Sydney alternatives.
Value may be shaped by the lack of confirmed floor level and aspect, as units with elevated, north-facing outlooks in the same building tend to command a premium. Condition and presentation also matter; while the base features are standard, a comparable unit with stone kitchen, gas cooktop, and storage cage suggests that upgraded finishes could justify a higher price point. The reported sale of $475k in late 2025 sits near the middle of the local band, but the 106 m² size offers upside if the interior is well-maintained. Buyers should weigh whether the extra area compensates for any uncertainty around outlook, and consider how much they value the strong rental return versus potential for capital growth in an established, value-oriented pocket.
Detailed Independent Property Report prepared by PropCred Analyst team for 16/57-59 Lachlan Street, Warwick Farm NSW 2170
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
2
URL has been copied successfully!
Market Insight
Warwick Farm, in Sydney’s south-west, is a high-strata market where 54.75% of residents rent. That mix draws first-home buyers and investors into $480,000 median units, while families target houses near $1 million. Unit sales hit 151 in the past year, with prices up 7.6–7.9% annually; houses grew 6.8%, with medians between $966,000 and $1.05 million. Gross yields are 6.02% for units and 3.45% for houses, with vacancy at 1.38%. Supply is tightening—stock down 60% for houses and 37% for units year-on-year—yet vendor discounts run 6% below the NSW average, signalling pricing resistance. The market remains undervalued versus its long-term trend, but apartment dependence and rate sensitivity are key constraints.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 38/57-59 Lachlan St sold $495k; 12/57-59 Lachlan St sold $470k | Property Price Band: $450k–$550k | Value Drivers: Internal area, condition and finishes, floor level and aspect
Bedrooms
2
Bathroom
2
Parking
1
Land
2142m²
URL has been copied successfully!