404/46 Walker Street, Rhodes NSW 2138
404/46 Walker Street, Rhodes NSW 2138
– Address: 404/46 Walker Street, Rhodes NSW 2138. The property was listed for sale on 18 June 2026 as a unit in Rhodes.
2-bed 1-bath unit | 4th floor compact layout | Rhodes high-density corridor | 2011 sale $594k | 2026 sale recorded
This unit is a modern strata apartment in a high-density Rhodes building, offering a standard 2-bedroom, 1-bathroom configuration with one car space. Its 4th-floor position provides a typical mid-rise outlook, and the 48 m² recorded size aligns with compact apartment living common in the area. The property suits a first-home buyer or investor seeking a rail-linked location near the CBD corridor, with reliable NBN and 5G coverage as practical advantages. The 2026 sale indicates recent market activity, while the 2011 sale at $594k shows long-term capital growth in this precinct.
The single-bathroom layout may limit appeal compared to 2-bathroom alternatives, potentially affecting resale demand and price negotiation. The compact size and strata environment mean limited private outdoor space and land component, which could be a factor for buyers valuing versatility. The modern building age suggests lower immediate maintenance costs, but strata levies remain unconfirmed and should be verified. The absence of verified finishes or amenities like air-conditioning or balcony size means the buyer should inspect closely to assess condition and fit-out quality before forming a price view.
Detailed Independent Property Report prepared by PropCred Analyst team for 404/46 Walker Street, Rhodes NSW 2138
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Rhodes is a high-demand, transit-oriented suburb positioned for young professionals and families, with its waterfront renewal and exceptional CBD connectivity driving strong commuter appeal. Demand is led by investors targeting high-yielding units and owner-occupiers seeking amenity, though the market is bifurcated: house prices show robust growth while the high-volume unit segment experiences softer conditions and longer selling periods. Future growth is anchored in its established infrastructure and demographic appeal, yet key constraints include high house price points limiting affordability and sensitivity to interest rates within the substantial unit supply.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
48m²
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