224/3 Stromboli Strait Wentworth Point NSW 2127

2 bed apartment with secure parking |Stable Wentworth Point market |Median unit $750k |Rental yield ~5.5% |44 days on market avg|This two-bedroom apartment with two bathrooms and one parking space suits young professionals or investors seeking low-maintenance living in a high-density harbourside setting. Positioned within a strata-dominated complex at 224/3 Stromboli Strait, it offers practical everyday usability through its dedicated parking and dual bathrooms, streamlining routines for small households or renters. In a suburb where apartments comprise nearly 100% of stock, this property aligns seamlessly with the prevalent building typology, avoiding any outlier status on its street or within the immediate high-rise cluster. First home buyers and young couples frequently target similar two-bedroom units here, drawn by entry-level pricing around the $750,000 median and proximity to transport links. Comparable sales, such as recent two-bedroom apartments fetching $740,000 to $1.27 million depending on size and floor level, indicate steady demand with units averaging 44 days on market amid flat growth of -0.03% over the past year. This positions it competitively for quick turnover without aggressive discounting. Rental performance stands out, with weekly medians near $780 yielding about 5.47%, appealing to investors in a balanced market near its long-term trend. Long-term holding value stems from the suburb’s entrenched apartment focus and infrastructure stability, buffering against volatility despite historical CAGR challenges. Overall, its unpretentious setup ensures reliable appeal in a consolidation phase.