3503/1 Brushbox Street, Sydney Olympic Park NSW 2127
3503/1 Brushbox Street, Sydney Olympic Park NSW 2127
top-floor split-level penthouse | 201sqm with marble finishes | 2-min walk to station | dual parking in 399-unit building
This property occupies a rare position within its buildingโtop-floor, split-level configuration with marble flooring and panoramic views that most units in the 399-property complex cannot replicate. The 201-square-metre floorplan and dual parking spaces give it a tangible edge over standard apartments in Sydney Olympic Park, where compact layouts dominate. It best suits a buyer seeking a primary residence with space and privacy, or an investor targeting the professional tenant demographic aged 20โ39 that dominates the area. The 45% owner-occupancy rate suggests the building holds its desirability, and the nearby train station and parklands reinforce daily livability.
The primary risk is the building’s 55% renter ratio, which can affect common area upkeep and resale appeal if investor sentiment shifts. Rental yields between 7.26% and 7.65% are strong but depend on maintaining premium finishes against newer stock. The split-level design, while distinctive, may limit appeal to older buyers or families with mobility needs. Hold this property as a long-term residence to capitalise on its configuration advantage; as an investment, it demands proactive management to sustain the yield premium over standard units.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Sydney Olympic Park is a purpose-built unit market with excellent transport and event infrastructure. Demand is driven by tenants seeking proximity to employment hubs, supporting strong rental yields. Recent unit prices have softened, reflecting broader market trends, while the extremely limited house market underscores a constrained supply. Future growth is linked to its established connectivity and precinct appeal, though the market’s concentration in units presents sensitivity to broader apartment trends.