5/2-4 George Street, Warwick Farm NSW 2170
5/2-4 George Street, Warwick Farm NSW 2170
2-bed apartment in a 2015-built block | renter-heavy demand | school catchment within 0.6km | mid-$500k comparable cluster | conventional layout
This two-bedroom, two-bathroom apartment with one parking space was completed in 2015 and sits within a medium-sized residential block on a shared strata site. The configuration is straightforward and efficient, which suits the local market well. A strong rental profile is evident from the high proportion of renter households in the immediate area, and the property sits close to public schooling options. The building is not boutique or architecturally distinct, so its competitive position is built on modern construction, practical layout, and reliable demand. It is best suited to first-home buyers seeking a low-maintenance unit or investors looking for consistent rental appeal.
Value may be influenced by floor level and aspect, as sunlight and privacy affect apartment pricing. A limited amenity package might cap upside. Unit condition and presentation will likely drive price more than unique features given the homogeneity of stock. Market timing has produced varied outcomes in the building, so fitout and buyer sentiment should be weighed carefully.
Detailed Independent Property Report prepared by PropCred Analyst team for 5/2-4 George Street, Warwick Farm NSW 2170
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Warwick Farm, in Sydney’s south-west, is a high-strata market where 54.75% of residents rent. That mix draws first-home buyers and investors into $480,000 median units, while families target houses near $1 million. Unit sales hit 151 in the past year, with prices up 7.6–7.9% annually; houses grew 6.8%, with medians between $966,000 and $1.05 million. Gross yields are 6.02% for units and 3.45% for houses, with vacancy at 1.38%. Supply is tightening—stock down 60% for houses and 37% for units year-on-year—yet vendor discounts run 6% below the NSW average, signalling pricing resistance. The market remains undervalued versus its long-term trend, but apartment dependence and rate sensitivity are key constraints.
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PropCred Estimated Value
Comparable Sales: Unit 17 in the same complex sold for $540,000; Unit 29 sold for $470,000 | Property Price Band: $470,000 to $540,000 | Value Drivers: internal condition, floor level and aspect, rental yield potential
Bedrooms
2
Bathroom
2
Parking
1
Land
104m²
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