204/153 Parramatta Road, Homebush NSW 2140

Modern 2019 build | 96m² internal | Flood overlay flagged | Strong rental yield | Strathfield LGA This apartment offers a rare combination of a near-new build with genuinely useful internal space—96 square metres is well above the typical two-bedroom benchmark in Sydney’s inner-west. The configuration is efficient for both owner-occupiers seeking low-maintenance modern living and investors prioritising yield, given the estimated $740–$820 per week rental range. Positioned on Parramatta Road, the property benefits from immediate transport connectivity and proximity to Homebush’s school catchment, which supports consistent tenant demand. The 2019 construction date also means lower immediate maintenance obligations and compliance with contemporary building standards, a clear advantage over older stock in the area. The primary risk is the detected flood overlay, which may affect insurance premiums and resale liquidity; a professional flood assessment is essential before commitment. This overlay does not render the property unviable, but it does narrow the buyer pool and may require a discount relative to comparable units without the overlay—the estimated $649,000 valuation already reflects some caution. The unit is best held as a long-term rental investment, where the yield offsets the risk, or as a well-priced entry for an owner-occupier willing to accept the flood constraint in exchange for modern space and location.