58/304 Great Western Highway Wentworthville NSW 2145
58/304 Great Western Highway Wentworthville NSW 2145
Modern 2-bed unit | 2018 built complex | dual bathroom potential | flood overlay noted | school catchments included
This unit presents a competitively modern proposition within its suburb, deriving strength from its 2018 construction and contemporary inclusions like split-system air conditioning and a dishwasher, which are not universal in the local unit stock. Its configuration, with potential for two bathrooms and parking, aligns with higher-demand rental profiles, serving small families or commuters seeking low-maintenance living with access to noted school zones and transport corridors. The internal size is generous for a two-bedroom layout, offering a tangible edge over older, smaller units in the area.
The primary decision mechanism is the flood overlay, which necessitates specific due diligence on insurance premiums and potential future resale constraints. The highway location introduces noise exposure, a trade-off for transport access. Commercial logic favours a buy-and-hold strategy, targeting the family or professional tenant demographic for stable yield. Engage a property advisor to validate the precise bathroom and parking entitlements, obtain a current market valuation that factors the flood risk, and secure a detailed locality report for insurance assessment.
Nearby sales in the complex provide a relevant benchmark: 59/304 sold for $600,000 in late 2017, just prior to this building’s completion, while a current listing for 48/304 shows a similar 2-bed, 2-bath, 2-car configuration. These signals suggest a value band for this unit materially above the suburb’s older unit stock, likely positioned in the mid to high five-hundred thousand range, contingent on its confirmed specifications and the market’s pricing of the flood overlay.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Wentworthville is a well-established western suburb with a balanced property mix, attracting diverse demand from first home buyers and investors seeking affordable apartments, families targeting houses, and downsizers. Recent price trends show moderate growth, with houses appreciating more strongly than units, and the market is active with consistent sales. Future drivers include its established nature and varied housing stock, though risks involve affordability pressures for houses and potential market sensitivity to economic conditions.