26/2-4 Station Street, Homebush NSW 2140
26/2-4 Station Street, Homebush NSW 2140
Corner unit | only one shared wall | 109 sqm internal | 160m to station | boutique block
This propertyโs primary buying case rests on its uncommon configuration: a full-brick corner apartment with just one common wall, in a low-density block of 29 units. At 109 sqm, the internal space is closer to a small house than a standard two-bedroom, and the open plan accommodates a study zone without sacrificing living area. The refreshed kitchen and new bathroom reduce immediate capital outlay, while the covered balcony and district views add amenity that typically commands a premium in the Homebush market. This unit best serves a buyer seeking long-term owner-occupier comfort in a walk-to-station location, or a landlord targeting the $750/week rental bracket with low vacancy risk.
The flood overlay is the primary risk,it may affect insurance premiums and future resale liquidity, though the property sits on the fourth floor. Strata of $1,010 per quarter is moderate for the size and age, but should be verified against the sinking fund balance. The open car space is secure but uncovered, a minor concession in a complex with lift access. Commercially, the gap between the $650kโ$715k guide and the $750kโ$760k estimated value suggests room for negotiation if the vendor is motivated. The 2023 sale history and eight days on market support a measured offer. Hold this property as a primary residence for space and privacy, or as a low-maintenance rental with stable yield.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 26/2-4 Station Street, Homebush NSW 2140
Market Insight:
Homebush presents a sharply bifurcated market, with its house segment experiencing exceptional capital growth driven by affluent buyers seeking larger homes, reflecting strong demand amidst very limited supply. This contrasts with a high-volume unit market offering solid rental yields but subdued price momentum. Future prospects hinge on continued demand for scarce houses, though high entry points and the unit market’s sensitivity to economic conditions present clear constraints.