2/9-11 Bailey Street Westmead NSW 2145

Ground-floor villa | oversized private courtyard | walk to hospital & station | flood overlay | evolving Westmead pocket This ground-floor unit is competitively strong for its villa-style layout and oversized, landscaped courtyard—a rarity in the strata market that creates a private indoor-outdoor living environment atypical for apartments. Its position in a walkable, connected pocket near major amenities serves owner-occupiers seeking convenience and investors targeting reliable rental demand from hospital and university precincts. The 171m² strata lot provides a tangible land component often absent in comparable units. The primary decision mechanism is the flood overlay, which imposes due diligence costs for insurance and potential future resale considerations against the area’s growth trajectory. The commercial logic is a hold for medium-term capital growth in this evolving location, leveraging its unique configuration against standard apartment stock. For this property, a PropCred report would ground its valuation in precise comparable sales and detail locality-specific flood risks and insurance implications. Recent sales data indicates a previous transaction for this unit at $570,000 in June 2021. This establishes a price point from which any current offer should be rationally assessed, considering market movements and the property’s subsequent resale in 2024.