21511/2B Figtree Drive, Sydney Olympic Park NSW 2127

21511/2B Figtree Drive, Sydney Olympic Park NSW 2127
15th floor corner dual aspect | Parramatta River views | Mirvac Pavilions quality | 80% owner-occupied building This property occupies a rare configuration in a premium Mirvac development. The 15th floor corner position with dual aspects delivers light and outlook that most apartments in this suburb lack, and the Parramatta River and Harbour Bridge views are genuinely scarce at this price tier. The building’s 80% owner-occupier ratio signals strong resident care and lower turnover risk, which matters for both lifestyle and future resale. This unit suits a professional couple or downsizer who values space, light, and a walkable Olympic Park lifestyle over a house and garden. The main risk is the suburb’s 50-day average days on market and zero auction clearance rate, which suggests buyers here have negotiating room and patience. The estimated value of $910,000 sits above the suburb median, so the buyer is paying a premium for the view and floor position rather than the location alone. The rental potential of $720 per week offers a modest 4.1% gross yield, which is acceptable but not aggressive. The absence of flood, bushfire, or heritage overlays removes hidden holding costs. This property should be held medium-term for lifestyle and capital stability, not flipped for quick gain.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 21511/2B Figtree Drive, Sydney Olympic Park NSW 2127
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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.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

4012mยฒ

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