414/21-37 Waitara Avenue Waitara NSW 2077
414/21-37 Waitara Avenue Waitara NSW 2077
Oversized 2-bed unit |$800k+ value |Last sold $630k |Walk to station|Prime playground views |$770pw rent potential. This two-bedroom apartment on a 96sqm footprint suits downsizers or professionals prioritising walkable access to rail and schools. Positioned in a well-regarded low-rise block, it stands out for its generous internal space relative to standard units on the street, offering practical living without the maintenance of larger homes. The playground outlook adds a rare family-friendly element in a strata setting, appealing to buyers who value open aspects over enclosed courtyards. Similar two-bedroom units in the building have traded around $775k to $850k recently, with steady 2.6-3.4% annual growth reflecting reliable demand from local commuters. Last sold for $630k in 2014, its value has compounded solidly, aligning with the suburb’s transport-driven stability rather than boom cycles. Professionals and small families drawn to this format typically hold for 3-10 years, balancing lifestyle and investment yield around 4.6%. Without flood or heritage constraints, it positions for unhindered long-term holding, bolstered by NBN and 5G coverage. In a market favouring proximity to Waitara station, this unit’s oversized layout enhances its competitive edge among entry-level apartments.
Detailed Independent Property Report prepared by PropCred Analyst team for 414/21-37 Waitara Avenue Waitara NSW 2077
Checks found:
Value Risk
✓
Liquidity Risk
!
1
Planning Risk
!
1
Income Risk
✓
Execution Risk
✕
2
Insight: 414/21-37 Waitara Avenue Waitara NSW 2077
Waitara operates as a high-density extension of Hornsby, with demand driven by affordability and rail access. The market is dominated by apartments, with a significant investor presence. Supply has expanded rapidly over the past decade, creating competition among sellers. Rental demand is strong, supporting yields. Price growth is moderate and tied to absorption of existing stock.