2306/245 Merrylands Road, Merrylands NSW 2160

Studio apartment in premium tower | Merrylands’ top-end outlier | Sold recently, value already rising | Suits downsizer or investor seeking yield This property functions as a competitive entry point into a premium building where larger units command significantly higher prices. Its position as a studio or de facto one-bedroom unit in a high-quality complex at 245 Merrylands Road means the buyer acquires a rare low-density footprint within a sought-after address. The estimated $910,000 value, well above the suburb median, signals that the building’s location, finishes, or views justify the premium. This unit best serves a professional downsizer wanting lock-and-leave convenience or an investor targeting above-average rental yield from a lower purchase price relative to the building’s two-bedroom stock. The primary risk is the unit’s configuration—if it is a true studio with no separate bedroom, resale appeal narrows to a specific buyer pool, potentially lengthening holding periods. The recent $870,000 purchase and rapid value uplift suggest the market has already priced in some appreciation, leaving less immediate upside. However, the building’s proximity to Merrylands’ transport and retail core supports steady demand. The buyer should hold this property for at least five years to allow capital growth to absorb transaction costs, and consider it a cash-flow-positive holding rather than a short-term flip.