718/7 Washington Avenue, Riverwood NSW 2210

718/7 Washington Avenue, Riverwood NSW 2210
| Washington Park location | 5.4% rental yield | flood overlay present | floor-to-ceiling windows | secure parking included | This unit offers a rare combination of a strong rental yield and a position within the Washington Park master-planned hub, which typically attracts consistent tenant demand. The floor-to-ceiling windows and open-plan layout are not common in this price bracket, giving a buyer a configuration edge for both owner-occupier appeal and tenant retention. It best suits an investor seeking a solid cash flow position or a first-home buyer wanting a modern layout with minimal upkeep. The flood overlay is the primary risk; it may affect insurance premiums and future resale velocity, though the property’s elevated position in a complex may mitigate actual risk. The 3.2% suburb growth is moderate, so capital gains will rely on broader market movement rather than local outperformance. For an investor, hold for rental income; for an owner, treat as a lifestyle purchase with a long-term horizon.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 718/7 Washington Avenue, Riverwood NSW 2210
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Market Insight:

Riverwood is a well-established southern suburb attracting both first-home buyers and investors, drawn by its relative affordability for units and strong transport links. Demand is supported by a young professional demographic and a high proportion of strata properties, appealing to the investment segment. While house prices demonstrate solid long-term growth, the current market shows houses moving more slowly than the state average, indicating some affordability pressure. Future performance will hinge on sustained demand from upgraders and investors, balanced against its sensitivity to broader market conditions.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

1.13 acres

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