802/1 Villawood Place, Villawood NSW 2163
802/1 Villawood Place, Villawood NSW 2163
2-bedroom flat with land | Flood overlay present | Strong rental yield potential | Fairfield council area | Established location
This property presents a rare configuration for a flat apartment: a 279m² land holding within a strata scheme, which is competitively strong for a buyer seeking both low-maintenance living and underlying land value. The 2-bedroom, 1-bathroom layout with an ensuite and balcony serves first-home buyers or investors well, as the rental estimate of $675 per week suggests a solid yield relative to the price range. The inclusion of air conditioning, built-in robes, and floorboards reduces immediate upgrade costs, while the car space and carport add practical appeal for owner-occupiers. The school catchment for Carramar Public and Bass High schools broadens the buyer pool.
The detected flood overlay is the primary risk, as it may increase insurance costs and limit future redevelopment potential, which a buyer must factor into their holding budget. The property is not currently tenanted, so an investor should account for a vacancy period. The Fairfield council area has steady demand but slower capital growth compared to inner suburbs, making this a cash-flow play rather than a short-term appreciation bet. The buyer should hold for medium-term rental income and consider a strata review to assess sinking fund health, as the land component offers a long-term hedge against depreciation.
Detailed Independent Property Report prepared by PropCred Analyst team for 802/1 Villawood Place, Villawood NSW 2163
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
Villawood presents a stable, mid-tier market where houses demonstrate consistent annual growth and sell above asking price, indicating healthy demand. This contrasts with the softer unit segment. The market is characterised by brisk sales for houses, with strong rental yields for units attracting investors. Long-term capital growth has been solid, supported by a balanced market dynamic. Future performance hinges on maintaining this demand against broader economic conditions.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
279m²
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