7/1 Devitt Avenue, Newington NSW 2127
7/1 Devitt Avenue, Newington NSW 2127
This 2-bedroom, 2-bathroom apartment / unit with 1 car spaces set on approximately 1.16 acres is positioned in Newington NSW. The property is ideal for low-maintenance living with convenient access to local amenities.
Market Insight:
Newington’s demand is driven by proximity to Sydney Olympic Park and Parramatta, strong transport links and family‑friendly amenities, with above‑average household incomes attracting owner‑occupiers and professionals. Prices over the past six months have been broadly flat to slightly soft – median house values around the high $1.8M mark with small negative-to-neutral movement depending on the data provider. Key risks are low rental yields and interest‑rate sensitivity; opportunities lie in constrained listed supply and ongoing Parramatta‑area infrastructure and employment growth that support capital resilience.