B101/22-26 Innesdale Road, Wolli Creek
SydNest Score: 2.8/5
Location 3 | Price 3 | Condition 3 | Amenities 2 | Neighbourhood 3
This newly renovated two-bedroom apartment offers a corner-facing aspect on Level 1. It really looks like a lovely apartment!
Ideal for households with incomes from $160,000 to $200,000
The sales agent has not stated a price guide, but made the listing appear on searches above $760,000, so expect that to be the lower end of the price guide.
I don’t have any valuation data on this property.
Please note: One bank will not lend against this property at all. If you want help navigating finances surrounding this purchase, contact me through my website.
At $840,000, a 20% deposit (at least $210,000 including stamp duty) could be affordable for those with household income of at least $180,000, probably down to $160,000 if it’s an investment.
If you have a 5% deposit (at least $84,000 including stamp duty), this unit could be attainable with household income of at least $200,000, 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
Newly renovated with timber floorboards and tiles.
Two spacious bedrooms with built-in robes.
Two tiled bathrooms, including an ensuite in the main bedroom.
Secure residential block.
Corner-facing aspect with South-West and North-West views.
One car space.
Internal area of 93 m², total area of 109.6 m².
Keep in mind ongoing costs:
Strata levies: Ask the agent.
Council rates: Ask the agent.
Water rates: Ask the agent.
Rental potential: No valuation data available but I assumed $800 per week in my calculations. Vacancy rates and property management fees should be considered when evaluating potential investment income.
If you like it
Good luck with the inspection, this Saturday at 12.30pm. Visit my website if you would like me to arrange your finance.