802/18 Harrow Road, Auburn NSW 2144

2-bedroom unit in large strata complex | 45% owner-occupied, 55% renters | 57% long-term residents | Auburn catchment schools within 1.2 km This property offers a functional floorplan in a well-located complex with a stable owner-occupier base, which supports capital stability. The 45% owner-occupancy rate and majority long-term residents reduce the risk of transient tenancy issues, making it a sound choice for a first-home buyer or investor seeking consistent rental demand. Proximity to Auburn Public School and Auburn Girls High School adds family appeal, while the NBN FTTP connection and 5G coverage provide modern conveniences. The property suits a buyer who values location and community stability over premium finishes. The primary risk is the high rental proportion, which can lead to variable maintenance standards and potential strata levy increases, especially in a 131-property complex. The 2015 last sale date suggests limited recent capital growth, and the estimated value range indicates a tight market. A buyer should obtain the strata report to assess sinking fund adequacy and any upcoming special levies. For an investor, the rental yield is viable but not exceptional; for an owner-occupier, the property works as a long-term hold in a catchment area with good school access.