6/84-88 Pitt Street, Mortdale NSW 2223

| Mortdale pocket | 2-bed unit | strong rental yield | non-flood site | near schools | This unit sits in a secure low-rise block with a single garage, a configuration that is increasingly sought after by owner-occupiers and investors alike in the Mortdale corridor. The location near Mortdale Public School and the senior campus gives it a natural demand pool among families and downsizers who want proximity without a house footprint. The 4.1% rental yield and median price alignment suggest the property is priced close to market equilibrium, which reduces the risk of overpaying in a flat market. The non-flood and non-bushfire zoning adds a structural advantage that is often overlooked until insurance renewal time. The primary risk is the lack of recent comparable sales momentum, with the last transaction at $670k in 2022 and the current mid-range estimate at $780k, implying a 16% uplift in three years — plausible but not guaranteed in a subdued Sydney unit market. The small block size of 15 units limits the pool of comparable sales and may affect future resale liquidity. The opportunity is to negotiate from a position of factual data, using the 2022 sale and current rental evidence to anchor below the Domain mid-range. Hold this property for steady rental income or as a low-maintenance base for a downsizer; it is not a short-term flip candidate.