329/349 George Street, Waterloo NSW 2017

329/349 George Street, Waterloo NSW 2017
1-bed in a 2016 build | resort-style pool, gym, spa | no car space | flood overlay present This apartment sits within a well-regarded 2016 development that offers shared facilities rarely found in standard inner-city stock: an indoor pool, gym, spa, gardens, and a cafรฉ. The 1-bed, 1-bath configuration with a study and balcony is well-suited to professionals or investors seeking modern, low-maintenance living close to the CBD and Green Square transport. The presence of air conditioning, built-in robes, and a dishwasher adds everyday convenience, while the large strata site suggests a well-managed complex. This property is most attractive to buyers who prioritise lifestyle amenity and location over parking. The flood overlay may affect future development applications and should be considered as a planning constraint, though it does not necessarily limit current use. The absence of a car space could narrow buyer appeal in a car-dependent market, but the inner-city position and public transport access may offset this. Value is likely supported by the buildingโ€™s age, facilities, and rental demand, though price should be weighed against the lack of parking and the overlayโ€™s implications.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 329/349 George Street, Waterloo NSW 2017
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Market Insight:

Waterloo is a high-density inner-city suburb undergoing significant urban renewal, attracting young professionals and families seeking urban convenience. Demand is driven by its strategic location near the CBD, ongoing infrastructure projects, and expanding local amenities. The unit market shows stable growth, while house prices have experienced recent volatility. Future growth is anchored in continued development and economic resilience, though rising prices present affordability constraints and potential market sensitivity to broader economic changes.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

-

Land

1.77 acres

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