29/465-481 Wentworth Avenue, Toongabbie NSW 2146

29/465-481 Wentworth Avenue, Toongabbie NSW 2146
3-bedroom unit in Toongabbie | rare large floorplan | comparable sales confirm pricing | strong rental demand potential This unit offers a competitively rare configuration in the Toongabbie apartment market. The 147 sqm on-title area, with 112 sqm of internal living, positions it well above typical unit stock, making it suitable for small families or downsizers seeking space without moving to a house. The three-bedroom, two-bathroom layout with one car space appeals to a broader tenant pool, and comparable sales in the same building at $590,000 to $595,000 provide a solid pricing anchor. For an owner-occupier, this unit provides a foothold in a modern complex with good amenity access; for an investor, the potential $750 weekly rent implies a yield near 6.5 percent at the lower end of the price guide. Risks centre on strata levies and the exact condition of the internal fit-out, which can affect holding costs and renovation budget. The parking allocation may be a single space rather than a garage, a detail worth confirming as it influences appeal to families. The building is established, so any maintenance history should be reviewed to avoid unexpected special levies. The commercial logic is straightforward: this unit trades at a discount to similar-sized houses in the area while offering comparable living space, making it a pragmatic hold for capital growth tied to Toongabbieโ€™s steady demand from commuters and local workers.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 29/465-481 Wentworth Avenue, Toongabbie NSW 2146
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Market Insight:

Toongabbie presents a compelling market for owner-occupiers, particularly young professional families, who dominate its stable, mortgage-holding demographic. This demand underpins solid house price growth, though the unit segment currently faces headwinds with softening values. The suburb’s position below its long-term trend suggests potential, yet the divergence between robust houses and weaker units highlights a key risk of segment-specific supply or demand imbalances.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

52mยฒ

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