60/97 Bonar Street, Wolli Creek NSW 2205

60/97 Bonar Street, Wolli Creek NSW 2205
60/97 Bonar Street, Wolli Creek NSW 2205 is a 2 bed / 2 bath / 1 car apartment in the Carena & Terrazo Apartments complex, on Level 5, with an East/West aspect and outlook over manicured gardens. The property was listed for sale on 18 June 2026 as an apartment in Wolli Creek. The building complex is part of a larger apartment site on 97 Bonar Street with a reported land size of 9,353 m²; individual comparable units in the same building show 2005-built stock, which is the clearest available indicator of age for this apartment. 2 bed / 2 bath / 1 car | Level 5 garden outlook | Two balconies | Resort-style amenities | East/West aspect This apartment offers a configuration that is both practical and appealing for a range of buyers. The two-bedroom, two-bathroom layout with a single car space is a standard but well-balanced format in Wolli Creek, and the inclusion of two balconies and a garden outlook from level five adds genuine desirability over many ground-floor or street-facing units. The resort-style amenity package and the building’s established, landscaped setting strengthen its appeal for first home buyers seeking a turnkey home, small families wanting low-maintenance living, or investors looking for a liquid property type in a dense, transport-oriented suburb. The east/west aspect provides natural light throughout the day, which is a practical advantage in a high-density environment. The property’s value may be influenced by the fact that it sits within a large, 2005-built complex, meaning it competes with a significant volume of similar stock in the same building and precinct. The finishes are not verifiable from available information, so the condition and quality of internal fit-out could affect how it is perceived against other units. While the garden outlook and level five position are positive, they do not represent a rare premium in this building. The rental yield, based on comparable units, appears moderate, so an investor should carefully assess the achievable rent relative to the purchase price. These factors are worth weighing, but they do not fundamentally undermine the property’s solid, mainstream appeal.
Detailed Independent Property Report prepared  by PropCred Analyst team for 60/97 Bonar Street, Wolli Creek NSW 2205
Checks found:
Value Risk ✕ 2
Liquidity Risk ✕ 2
Planning Risk ! 1
Income Risk ! 1
Execution Risk ✓
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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.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

116m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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