2E/10-16 Marquet Street Rhodes NSW 2138

1 bed apartment with parking in Rhodes complex | Units median $742k-$966k | 4.8% rental yield | 55 days on market avg| This one-bedroom apartment with one bathroom and parking suits singles or young professionals seeking low-maintenance urban living near transport hubs. It delivers compact, practical space ideal for easy daily routines without the demands of larger homes. Positioned in a multi-unit street block, it blends into Rhodes’ dense apartment landscape where units dominate sales volume at 394 over the past year. Buyers drawn to such properties often prioritise affordability and yield over space, targeting investment returns around 4.8% from $900 weekly rents. Similar one-bed units hold a median sale price near $742,000, reflecting modest capital growth of 0.33% to 1.55% annually amid softer unit performance versus houses. This positions it favourably for entry-level buyers in a market forecasting 4-7% unit uplift through 2026. Long-term appeal stems from Rhodes’ proximity to employment zones and infrastructure, supporting steady demand despite limited price momentum. Holding value looks resilient for investors, given tight rental markets and average 55-day sell-through. Its straightforward layout ensures broad accessibility, even as supply pipelines grow.