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5/53 Alice Street, Wiley Park NSW 2195

$479,999

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$480k - $504k Transparent Transparent Listing Based on an openly advertised listing price.

Unit 2 Beds 1 Bath 1 Car 71 m²

Listed: 19th Jul 2026

Updated: 51 days ago

Overview

Situated in a well-regarded neighborhood of Wiley Park, this original 2-bedroom unit offers an excellent opportunity for buyers seeking an affordable property near essential amenities. Its location between Lakemba Public School and Wiley Park Reserve makes it appealing for those valuing proximity to recreational green spaces and educational facilities.

The unit occupies the middle floor of the complex, presenting a functional layout that includes an open plan kitchen and internal laundry, maximizing usability and convenience. The kitchen seamlessly flows into a spacious lounge area that opens onto a balcony, enhancing natural light and offering an outdoor retreat to unwind or entertain.

Both bedrooms are well-sized, with the main bedroom featuring built-in robes providing practical storage solutions. Although the bathroom retains its original features, the overall condition reflects a property ripe for personalization and upgrading to suit modern tastes.

An allocated car space positioned at the side of the complex provides secure parking, a valuable feature in this area. Commuters benefit from the unit's proximity to Wiley Park Station, just 500 meters away, with the upcoming Metro Station further enhancing connectivity and potential future value.

With an internal area of 71.2 square meters and moderate strata levies, this investment comes with reliable long-term tenants paying $430 per week, offering an immediate income stream. This property is suitable for first-home buyers, investors, or those looking to renovate and capitalize on an increasingly accessible location.

Functional open plan living with kitchen and internal laundry
Balcony adjoining the lounge room providing outdoor space
Built-in robes in main bedroom for effective storage
Allocated car parking space
Close proximity to schools, park, and transport links including future Metro Station

Local Market Insights

In Wiley Park, Quiet Listings observed 4 new units entering the market over the last 30 days, down from 5 during the previous 30-day period, with an average advertised asking price of $619,750. The property type mix of listed properties is predominantly Houses at 46%, followed by units (31%), and apartments (23%). The most active agency for units in the Wiley Park area is currently Raine & Horne, representing 50% of new listings, followed by Ray White with 50%. 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.