318C/39 Ralph Street Alexandria NSW 2015

1-bed apartment in Amara complex|60m² internal|$730k est value|$730pw rent potential|Freshly listed for urban singles or investors. This one-bedroom apartment with 60m² of internal space in a modern strata building suits professionals seeking low-maintenance living near key amenities. At 60m² it delivers compact yet functional space for single occupants or couples, with open-plan areas that extend to a balcony overlooking gardens for easy indoor-outdoor use. Positioned in the Amara development on Ralph Street it benefits from a north-east aspect that maximises natural light within a block shared by similar mid-rise apartments. This setup aligns well with the street’s established residential character, where units like it form the bulk of recent turnover. Buyers drawn here are typically young professionals or investors eyeing steady rental yields around 5-6 percent as seen in comparable one-beds nearby. Similar apartments in the complex have held value steadily, with short owner tenures under six years signaling quick flips or reliable income streams. The flood overlay noted warrants due diligence but hasn’t deterred demand given proximity to schools and 5G coverage. Long-term its position in a consolidating inner-south pocket supports holding appeal amid urban densification trends. Rental estimates holding firm at $660-805 weekly reinforce its income viability for non-owner occupiers.