Two bedroom Ashfield unit Sydney's most affordable

Two bedroom Ashfield unit Sydney's most affordable
Two bedroom Ashfield unit Sydney's most affordable

A two bedroom property in Ashfield sold for $360,000 - the weekend's most affordable sale.

Namir Mikha of Ray White was the selling agent of 8/417 Liverpool Road in the Sydney's inner west suburb.

The property was marketed as a perfect opportunity for first-time buyers or investors and had been marketed for rent last year for $360 per week. The property sale reflected a rental yield of 5.2%.

Minutes from Ashfield's shopping and dining precinct, the renovated apartment features laminate floor throughout and an open kitchen with stone benchtops and a stainless steel oven.

The apartment has an elevated first floor position on a two storey block and comes with parking.

The property was marketed as a perfect opportunity for first-time buyers or investors and had been marketed for rent last year for $360 per week.

There was anannual growth rate of 7.65% over 18 years as the property last traded for $92,000 in 1997. 

Joel Robinson

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

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Auctions apartment

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