$1,395,000

This 2-bedroom, 2-bathroom, 1-car apartment at 2910/91 Liverpool Street, Sydney, is listed at $1,395,000. Comparing it to the provided comparable properties, particularly other 2-bed, 2-bath, 1-car apartments in Sydney, places it favourably. For instance, comparable property #8 is priced at $1,350,000 (similar configuration but no rent data), and #10 is at $1,500,000 with an estimated rent of $1150/wk. Property #11, a 2-bed, 1-bath, 1-car, is $1,480,000 with $1050/wk rent. The subject property's price of $1,395,000 appears competitive, especially when considering its 2 bathrooms and parking, suggesting a good market position. Given the price points of other 2-bed, 2-bath, 1-car apartments, and their estimated rents, an estimated weekly rental income of $1050 is realistic. This is slightly below the $1150/wk for a $1.5M property (#10) but aligns well with the $1050/wk for a $1.48M property (#11) that has one less bathroom. This estimate reflects the premium nature of the Sydney CBD rental market, where demand for well-located, modern apartments with parking is high. Based on this, the estimated gross annual rental yield would be approximately 3.9% ($1050 * 52 / $1,395,000 * 100). This yield is respectable for a prime Sydney CBD apartment, where capital growth often outweighs immediate high yields. The Undervalued Score of 75 reflects its competitive pricing relative to similar offerings. The Rental Yield Score of 65 is moderate, typical for high-value CBD properties. The Flip Potential Score of 70 indicates potential for value addition through minor cosmetic upgrades, though significant structural renovations might be limited in an apartment building. Key investment strengths include its prime CBD location, modern configuration (2 bed, 2 bath, 1 car), and strong rental demand. Potential risks include high strata fees (common in CBD apartments) and market sensitivity to interest rate changes. The current market conditions in Sydney favour rental growth, providing a solid foundation for this investment. My confidence level in the rental estimate is high due to the direct comparable data provided. My recommendation is to proceed with due diligence, focusing on strata reports and current vacancy rates, as this property presents a solid investment opportunity for both rental income and potential capital appreciation.