503/20 Levey Street, Wolli Creek NSW 2205
503/20 Levey Street, Wolli Creek NSW 2205
This is a fifth floor two-bedroom, two-bathroom apartment with 75 square metres of internal space and one car space. It was last sold in 2015 for $755,000 and sits within a flood zone with no detected bushfire risk. The property is managed under a strata scheme with a purchaser charge of $255.
This apartment occupies a specific position within Wolli Creek’s newer high-density stock, offering a balance of modern finishes like granite bench tops and ducted air conditioning without the premium attached to larger floorplans. The property is best suited to young professionals or investors targeting strong rental demand, given its proximity to transport and the Sydney CBD. Its competitive edge lies in its efficient layout and the building’s location within a transit-oriented neighbourhood that consistently attracts tenants. While the 75 square metre internal area is on the smaller side for a two-bedroom, it remains functional and aligned with what the local market expects for this configuration. The property serves a buyer who values urban convenience over expansive living space.
The flood zone designation is the most material factor that may influence long-term value, as it could affect insurance premiums and resale buyer pools. Noise from nearby transport corridors might also be a consideration for owner-occupiers, though this is typical for the area. The single car space positions this property slightly below comparable units with two spaces, which may narrow its appeal to households with one vehicle. Rental yields in the suburb tend to sit between four and four and a half percent, and this unit’s smaller footprint could support a yield at the higher end of that range. Buyers weighing price should consider how these factors interact with the property’s modern finishes and strong location fundamentals.
Detailed Independent Property Report prepared by PropCred Analyst team for 503/20 Levey Street, Wolli Creek NSW 2205
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
2
URL has been copied successfully!
Market Insight
Wolli Creek is a high-density, transit-oriented suburb currently positioned below its long-term trend, presenting a potential entry point. Demand is driven by young professionals, creating a strong rental market, particularly for apartments. While house prices have seen recent volatility with limited sales, the unit market demonstrates stable, modest growth. Future growth is linked to ongoing development, though the market’s high concentration of apartments and its cyclical position relative to broader Sydney are key considerations for investors.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
104m²
URL has been copied successfully!