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Overview
This one-bedroom apartment presents a valuable investment opportunity, appealing particularly to first-time investors or those seeking a straightforward rental property. The apartment boasts a well-sized bedroom equipped with mirrored built-in wardrobes, maximizing storage efficiently in a compact space.
Living areas including the lounge and dining space are spaciously designed for comfort and flexibility, making everyday living and entertaining inviting and practical. The original kitchen, while modest, serves functional needs and offers potential for personalization or renovation to enhance appeal and utility.
Situated close to shops and public transport, the location ensures convenience for tenants and residents alike, boosting the property's rental attractiveness and long-term value retention. With a weekly rental income of $220, this property demonstrates steady income potential.
While land size is minimal and no designated parking spaces are included, the apartment's features and strategic position emphasize ease of living and investment viability. The listing status is sold, backing the interest in such opportunities in this neighborhood.
Local Market Insights
In Sydney - South West, Quiet Listings observed 135 new apartments entering the market over the last 30 days, up from 89 during the previous 30-day period, with an average advertised asking price of $889,473. The property type mix of listed properties is predominantly Houses at 53%, followed by apartments (20%), and land (12%). Anna Younan Property was the most active agency in this area, representing 62.2% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Fairfield NSW 2165
Market Insights for Fairfield NSW 2165
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