26/97 Bonar Street, Wolli Creek
SydNest Score: 4.3/5
Location 4 | Price 3 | Condition 5 | Amenities 5 | Neighbourhood 2
This apartment looks lovely — kitchen and bathroom seem well maintained. Second bathroom. The aspect is north-west with lots of windows, so I expect there to be great natural light.
Ideal for households with incomes from $150,000 to $210,000
The sales agent has made the listing appear in searches above $800,000.
Valuation models suggest a $790,000 median, with a maximum of $852,000. I reckon the valuation models are a bit low. The apartment was last sold for $630,000 in 2014.
Please note: One bank will require at least a 20% deposit. If you want help navigating finances surrounding this purchase, contact Cardinal Finance through their website.
At $880,000, a 20% deposit (at least $220,000 including stamp duty) could be affordable for those with household income of at least $180,000, probably down to $150,000 if it’s an investment.
If you have a 5% deposit (at least $88,000 including stamp duty), this unit could be attainable with household income of at least $210,000, probably down to $180,000 if it’s an investment.
Of course, these estimates are subject to so many things, which you can read about in my disclaimer.
What I love about Wolli Creek
Convenient public transport with easy access to train stations and buses
Proximity to shops, restaurants, and cafes for a vibrant lifestyle
Scenic parks and riverside walks, ideal for outdoor activities
Close to Sydney Airport, making it perfect for frequent travelers
Here's what the apartment offers
Two bedrooms with built-in wardrobes.
Open-plan living and dining area.
Modern kitchen with stainless steel appliances.
Two bathrooms, including an ensuite.
Internal laundry facilities.
Secure underground parking space.
Private balcony.
Access to building amenities including a gym and swimming pool.
If you like it
Good luck with the inspection this Saturday at 10am.