21/2-4 George Street, Warwick Farm NSW 2170

21/2-4 George Street, Warwick Farm NSW 2170
2 bed, 2 bath, 1 car | 121 m² with wrap-around balcony | Above-average unit size in Warwick Farm | Rented as of early 2023 | No hazard overlays on lot This unit is competitively strong primarily because of its size and outdoor space. At 121 m² with a wrap-around balcony, it is significantly larger than the typical two-bedroom apartment in Warwick Farm, where most stock is compact and investor-grade. The two bathrooms and single car space are standard for the area, but the generous floor plan and balcony make this property better suited to owner-occupiers, downsizers, or first-home buyers who value liveability over pure yield. The building sits on a 1,313 m² lot with no bushfire, flood, or heritage overlays, which is a practical advantage in a suburb where some sites face flood constraints. NBN Fibre to the Building and 5G coverage are confirmed, supporting modern living and remote work. What may materially affect the value of this property is the absence of confirmed build year and floor level, as both can influence desirability and resale. A lower floor or older construction might limit price growth compared to newer builds nearby. The estimated rental return of $600 per week, if accurate, suggests a moderate yield that could appeal to investors, but the property’s larger size and balcony may command a premium from owner-occupiers. Without sale records for this specific unit, the buyer should weigh the configuration against comparable units in the same complex, such as 15/2-4 George Street, to form a view on price. Strata levies and building condition are not documented here, so these should be verified before proceeding.
Detailed Independent Property Report prepared  by PropCred Analyst team for 21/2-4 George Street, Warwick Farm NSW 2170
Checks found:
Value Risk 2
Liquidity Risk ! 1
Planning Risk ! 1
Income Risk ! 1
Execution Risk
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Market Insight

Warwick Farm presents a dual market, offering affordable apartment entry for first-home buyers and investors alongside higher-priced family homes. Demand is driven by this affordability, particularly for units, and a high rental population underpins strong investor appeal. The market has demonstrated solid recent growth, though current conditions show it is undervalued with some pricing pressure. Future performance will hinge on sustained demand for strata stock against a backdrop of cautious sentiment and notable recent reductions in available supply.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

121m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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