25/162-170 Parramatta Road, Homebush NSW 2140

Modern apartment in Homebush | Strathfield Council | Flood overlay present | 5G coverage | Part of 68-unit building This unit presents a competitively priced, modern two-bedroom option within a large, established building on a major arterial road, aligning directly with the prevalent apartment stock in Homebush. Its spacious, light-filled design and low-maintenance profile serve a buyer seeking convenience and a contemporary layout, typically an owner-occupier or investor targeting the steady demand for one to two bedroom flats in this transit-oriented corridor. The building’s scale suggests established body corporate operations, but limits individual property distinction. The primary financial risk is the council’s flood overlay, which may impact future insurance premiums and requires specific due diligence. The commercial logic rests on acquiring a functional unit at a price point likely below the estimated value of a direct comparable in the same block. This property is best held as a long-term rental or entry-level home, with its value sustained by the constant catchment demand for schools like Homebush Boys High, rather than anticipated short-term capital growth from the building itself. Comparable in same building: – Unit 1: 2 bed, 2 bath, 1 car, 120m² lot. Estimated value $644,000. – Unit 2: 1 bed, 1 bath, 1 car. Estimated value $450,000. This unit’s listed price range positions it appropriately below the larger two-bedroom comparable, confirming its market alignment. The nearby sale of 84 two-bedroom apartments indicates strong transaction volume and established demand for this configuration.