7/57-59 Lane Street, Wentworthville NSW 2145
7/57-59 Lane Street, Wentworthville NSW 2145
Ground floor unit | low density block of 21 | flood overlay noted | strong rental yield | off-market opportunity
This unit presents a rare combination of ground-floor convenience in a modestly scaled building, which typically commands a premium in Wentworthville’s unit market. The 107m² lot size is generous for a two-bedroom apartment, offering potential for private outdoor space or storage that higher-density blocks cannot match. With a rental return of approximately $615 per week, the yield sits above the suburb average, making this property particularly suited to an investor seeking stable cash flow or a first-home buyer wanting to offset mortgage costs with rental income. The off-market status reduces competition, giving a buyer more negotiating leverage than an openly listed property would allow.
The primary risk is the flood overlay detected on the property, which may affect insurance premiums and long-term resale appeal, though no recent flood events are recorded for this address. The recent sale of Unit 8 at $490,000 provides a conservative benchmark, suggesting Unit 7 should be acquired below that level to build in equity. The absence of heritage or bushfire constraints is favourable, and 5G coverage adds a modern convenience. A buyer who can secure this unit below the $490,000 comparable and factor in flood-related costs will hold a defensible position in a stable market.
Detailed Independent Property Report prepared by PropCred Analyst team for 7/57-59 Lane Street, Wentworthville NSW 2145
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
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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.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
1991m²
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