3/1 Balmoral Street, Waitara NSW 2077

Two-bedroom apartment in quiet Waitara street | Dual bathroom layout with carport | Walk to station and school | Investor or downsizer appeal This unit offers a configuration edge rarely found in its price bracket: two full bathrooms and a separate carport within a low-maintenance flat, placing it ahead of comparable two-bedroom listings on Balmoral Street. The 1868m² lot context and R2 zoning opposite development sites suggest long-term land value insulation. For a buyer seeking a lock-and-leave residence with tenant appeal or a downsizer wanting single-level living near Waitara Public School and the train, this property competes strongly. The FTTP NBN and 5G coverage support remote work viability, though these are supporting rather than primary drivers. The principal risk is pricing relative to 20/1 Balmoral Street, an identical unit listed at $770,000,a $55,000 gap that may compress if market feedback softens. Nine days on market is neutral, but the 2017 last sale date signals no recent forced exit. The opportunity lies in negotiating toward the comparable’s level, capturing a gross rental yield near 5% if purchased below $800,000. Hold this property as a core suburban unit: low carry costs, stable demand from school and transport catchment, and optionality from nearby R4 rezoned land.