217/29-35 Burlington Road, Homebush NSW 2140

North-facing Vogue apartment | 105sqm internal | low strata circa $1300/qtr | 300m station This is one of the larger two-bedroom floorplates in the Vogue complex, a building with 70% owner-occupier density that typically supports stronger resale stability than investor-heavy blocks. The north aspect with entertainer’s balcony and cross-flow ventilation is genuinely uncommon at this price point in Homebush, and the stone kitchen and timber flooring suggest the unit has been updated to a standard that avoids immediate capex. For a buyer seeking a long-term hold or a stable rental with a yield around 5.5% gross, this property sits well below the building’s recent comparable sales on a per-square-metre basis, which gives it a defensible entry position. The flood and heritage overlays are not deal-breakers but will constrain future development uplift in the immediate street, meaning capital growth relies on broader suburb demand rather than site-specific redevelopment. The one-bedroom units in the building have seen negative annual growth over recent holding periods, so the two-bedroom configuration is the safer bet for value retention. With the property just listed and comparable unit 508/29-35 Burlington sitting in a higher search band, there is room to negotiate toward the lower end of the estimate range. Hold for rental income and steady suburban capital growth, not for a quick flip.