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.