Priced for First Home Buyers and Investors

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3/502-504 Bunnerong Road, Matraville NSW 2036

$730,000

Search Band Search Visibility Band

$700k - $750k High Confidence Calculated based on strong search observations.

Apartment 2 Beds 1 Bath 1 Car

Listed: 7 days ago

Updated: 16 hours ago

Overview

This well-appointed first floor apartment offers an ideal blend of modern comfort and convenience, perfectly suited for first home buyers and investors looking for a quality residence or rental opportunity in Matraville.

The open-plan living and dining area is fully tiled and air-conditioned, providing a bright, inviting space to relax or entertain regardless of the season. The modern kitchen, equipped with a breakfast bar, delivers both style and functionality for casual dining and meal preparation.

Two bedrooms featuring mirrored built-in wardrobes provide ample storage and privacy, accommodating a small family, couple, or professional sharers comfortably. The contemporary, fully tiled bathroom includes integrated laundry facilities, maximizing space efficiency.

An expansive South-West facing balcony extends the living space outdoors, offering panoramic views and a peaceful environment to unwind. Secure undercover parking is conveniently accessed via Baird Lane, enhancing the lifestyle with added security and ease.

Situated in the heart of Matraville, this apartment places essential amenities and local shops practically at your doorstep, supporting a lifestyle of convenience. The property holds a strong rental potential estimated at $725 per week, supported by reasonable council, water, and strata fees.

Local Market Insights

In Matraville, Quiet Listings observed 16 new apartments entering the market over the last 30 days, up from 6 during the previous 30-day period, with an average advertised asking price of $825,313. The property type mix of listed properties is predominantly Apartments at 52%, followed by houses (30%), and units (9%). The most active agency for apartments in the Matraville area is currently Raine & Horne, representing 25% of new listings, followed by PRD Nationwide with 25%. 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.