7/7 Jenkins Street, Narrabri NSW 2390

2-bed unit, flood risk flagged | 7.3% rental yield potential | low-maintenance complex with strong owner-occupancy | near schools and town centre This unit presents a clear case for the yield-focused investor, with a rental estimate of $340+ per week translating to a 7.33% return, well above typical metro benchmarks. The 75% owner-occupancy in the complex signals a stable, well-maintained building, reducing the risk of poor common-area management. The solid brick construction and inclusion of air conditioning and built-in robes make it a straightforward, low-maintenance holding. The property is best suited to an investor seeking a reliable, hands-off income stream in a regional centre with steady demand from long-term residents and proximity to schools. The primary risk is the detected flood overlay, which must be investigated through the NSW Planning Portal and may affect insurance costs or future resale. However, the unit’s position in a small, well-kept complex with a majority of owner-occupiers partially mitigates this concern. The limited recent sales data for 2-bedroom units in Narrabri creates uncertainty around capital growth, but the 2021 purchase price of $170k and the current comparable listing at $330k–$340k suggest potential upside if the market strengthens. The active listing of another unit in the same complex indicates current market interest, which may support a timely sale if needed.