2701/36 Walker Street Rhodes NSW 2138

Built 2024 | Last sold Feb 2020 at 1.58m | Currently off-market | Est. rental 1.2-1.4k/week This three-bedroom apartment in a modern Rhodes development suits investors and owner-occupiers seeking contemporary urban living with established transport and retail infrastructure nearby. The property represents a relatively recent completion within Rhodes’ apartment-focused streetscape, where multi-unit residential development has concentrated. At approximately 125 square metres of land allocation and 101 square metres of internal floor area, the unit reflects the density profile typical of this precinct rather than standalone housing. The 2024 build year positions it within the current generation of construction standards, suggesting updated systems and finishes without the renovation requirements of older stock. The last recorded sale occurred in February 2020 at 1.579 million, with current estimates placing the property in a 1.56 to 1.73 million range, though the property is not presently listed for sale. Rental yield indicators suggest weekly income between 1,185 and 1,380 dollars, which aligns with the investment appeal that drives demand for newer apartments in this location. The apartment’s north-east orientation and city views provide amenity that extends beyond functional living space, a characteristic that typically commands stronger rental performance and buyer interest. Properties of this type in Rhodes have experienced consistent transaction volume, with 54 comparable three-bedroom apartments selling in the prior 12 months, indicating sustained market activity. The suburb itself reflects a younger demographic profile weighted toward professionals and couples, a buyer cohort that values proximity to the CBD, schools, and public transport over land size. The property’s position off-market suggests either recent purchase or owner-occupancy, which is consistent with how newer apartments in this location tend to circulate through the market. Long-term holding value appears supported by Rhodes’ established infrastructure and the ongoing scarcity of well-located apartment stock within the broader Sydney metropolitan context.