1807/1 Australia Avenue, Sydney Olympic Park NSW 2127
1807/1 Australia Avenue, Sydney Olympic Park NSW 2127
18th floor | two car spaces | 66sqm | Olympic Park connectivity
This unit occupies a rare configuration for a one-bedroom apartment, with two dedicated car spaces and a genuine 66 square metres of internal area on the 18th floor. The gross yield sits near 7% on current rent estimates, which is unusually strong for Sydney metro and signals consistent tenant demand from the Olympic Park employment and transport catchment. The property suits an investor prioritising cash flow over capital growth, or a buyer who values secure parking above all else in a high-density precinct.
The asking price sits above the estimated market value, which means the buyer must negotiate or accept a period of negative equity on paper. The bushfire, flood, and heritage overlays require formal investigation before exchange, as they may affect insurance premiums or future redevelopment potential. Strata levies remain the largest unknown and could compress net returns significantly. Hold this property for rental income rather than short-term resale, and treat the two car spaces as the primary differentiator in a market where parking is scarce.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 1807/1 Australia Avenue, Sydney Olympic Park NSW 2127
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.