63/79-87 Beaconsfield Street, Silverwater NSW 2128
63/79-87 Beaconsfield Street, Silverwater NSW 2128
Compact 1-bed flat | secure car space | strong rental yield | Parramatta LGA
This unit offers a rare combination of a compact 49mยฒ floorplan with a dedicated garage and built-in robes, making it one of the more functional one-bedders in Silverwater. The FTTP NBN and 5G coverage are supporting conveniences, but the real edge is the 5.78% rental yield,well above the Sydney average,which signals consistent tenant demand. The property suits an investor seeking a low-maintenance entry into the Parramatta LGA or a first-home buyer wanting a lock-and-leave with parking, where the garage is a genuine differentiator in this price bracket.
The main risk is the 2017 purchase price of $456k, which suggests limited capital growth over nine years and a market that has not re-rated this complex. The 1.62-acre strata site may carry future maintenance levies, and the 49mยฒ size could restrict some lenders. However, the current $475k list sits near the lower end of the estimated range, and a buyer negotiating toward $465k would secure a sub-5% gross yield with a tenant already paying $500/week. Hold for steady rental income, not short-term appreciation.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 63/79-87 Beaconsfield Street, Silverwater NSW 2128
Market Insight:
Silverwater is a dynamic suburb anchored by its proximity to major employment hubs, attracting young professionals and families seeking access to logistics and event sectors. Demand is driven by these workers, with strong investor interest in the unit market for its relative affordability and rental appeal. While house prices have experienced recent pressure, the unit segment shows resilience with solid growth. Future prospects are tied to ongoing industrial development, though limited housing supply and affordability constraints present notable market risks.