252 Pitt Street, Merrylands NSW 2160
252 Pitt Street, Merrylands NSW 2160
New high-rise unit | Station-adjacent | Mixed-use tower | Flood overlay noted | 1-bed format
This unit sits in a genuinely uncommon position for Merrylands—a brand-new, 21-storey tower directly beside the railway station, with retail, gym, childcare, and rooftop amenity built into the same complex. The 1-bedroom, 1-bathroom layout at 63 m² is compact but efficient, and the newer build quality, lift access, and EV charging place it well above the older, low-rise apartment stock that dominates the suburb. It serves best a first-home buyer, a downsizer wanting rail convenience, or an investor targeting steady rental demand from tenants who prioritise transport and daily shopping access.
The flood management planning control on the property may influence insurance costs or future development flexibility, and the station-adjacent corridor could bring noise or traffic exposure on lower floors. The unit’s value may also hinge on its exact floor level and aspect, which are not confirmed—higher floors with better outlooks typically command a premium in this building type. Rental income around $630–$650 per week appears achievable, and the mixed-use setting should support consistent tenant interest, though the flood overlay might temper capital growth compared to similar units without that constraint.
|| Comparable Sales: Central Quarter 2-bed sold near $740K–$1.1M range | Property Price Band: $600K–$700K | Value Drivers: floor level, aspect, new-build condition, station proximity
Detailed Independent Property Report prepared by PropCred Analyst team for 252 Pitt Street, Merrylands NSW 2160
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
URL has been copied successfully!
Market Insight
Merrylands is a strategically positioned Western Sydney suburb attracting a young, professional demographic, which is driving strong demand for houses. This has resulted in robust capital growth for houses, though the unit market has shown relative softness. The rental market remains steady, supported by this demographic profile. Future growth is underpinned by its established location, while a key constraint is the weaker auction clearance rate, indicating more selective buyer sentiment compared to broader markets.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: Central Quarter 2-bed sold near $740K–$1.1M range | Property Price Band: $600K–$700K | Value Drivers: floor level, aspect, new-build condition, station proximity
Bedrooms
2
Bathroom
2
Parking
1
Land
URL has been copied successfully!