7/78 Derrima Road, Crestwood NSW 2620

| 1-bed flat | 59m² | Crestwood | 6.38% yield | low-turnover street | no overlays | The buying case for this unit rests on its rental yield and low-maintenance configuration. At 59m² with one secure car space, it targets the efficient end of the market where vacancy risk is lowest. The 6.38% yield is materially above suburb averages, and the absence of bushfire, flood, or heritage overlays removes two common discount factors. The building’s 80% owner-occupancy signals stable neighbours and limited rental churn, which supports capital preservation. This property best suits an investor prioritising cash flow over capital growth, or a first-home buyer seeking a manageable entry point in a school-catchment location. The primary risk is the unit’s size and single-bedroom format, which limits appeal to couples or downsizers and caps long-term price appreciation. The 2021 sale at $350,000 after a price drop from $390,000 indicates the market’s ceiling for this type. FTTP and 5G are useful but not price-moving features. The opportunity lies in holding for rental income while the surrounding street’s low turnover and Queanbeyan West Public School catchment provide a floor for demand. Use this property as a long-term income hold, not a flip.