23/83 Phoenix Rd, Spearwood is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 65m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in October 2020.
Unlike Most other Agencies, Team Trolio immediately extend a conjunctional invitation to all real estate agents from 1 Day 1 of the Marketing Campaign !
Price to Sell & Exceptional Value!
This immaculately maintained light and bright fully renovated 2-bedroom apartment offers astute buyers an outstanding and appealing rental yield of approximately 6.5%, coupled with a secure 12-month tenancy (approx.), making it an attractive opportunity with potential positive cash flow (subject to LVR & interest rates).
Prime Location with Low Vacancy Rates
Conveniently located within walking distance to:
Medical facilities
Spearwood and Phoenix Primary Schools
Phoenix Shopping Centre and Aldi
Multiple parks and transport links
This sought-after location ensures easy access to daily necessities and lifestyle amenities.
Apartment Features:
Stylish Renovation with neutral tones throughout
Functional kitchen with generous benchspace & cabinetry
Spacious living area + Air Conditioning
Generously sized bedrooms
Genuine Value with Fantastic Tenants resulting in immediate cash flow at settlement
Why This Property?
Currently leased at $400/week until 16/11/2025
Low strata fees: $710 per quarter (relative to other apartments in similar price range)
A fantastic opportunity for first-home buyers to enter the market while earning rental income
A great investment for buyers looking to capitalise on the sought-after location and low-maintenance setup
Don't Miss Out!
This property is priced to sell and won't last long. Contact our team today to register your interest!
Unlike Most other Agencies, Team Trolio immediately extend a conjunctional invitation to all real estate agents from Day 1 of the Marketing Campaign !
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
The size of Spearwood is approximately 6.1 square kilometres. There are 28 parks, covering nearly 26.3% of the total area. The population of Spearwood in 2016 was 10034 people. By 2021 the population was 10944 showing a population growth of 9.1% in the area during that time. The predominant age group in Spearwood is 30-39 years. Households in Spearwood are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Spearwood work in a trades occupation.In 2021, 68.70% of the homes in Spearwood were owner-occupied compared with 66.80% in 2016.
Spearwood has 6,164 properties. Over the last 5 years, Houses in Spearwood have seen a 118.40% increase in median value, while Units have seen a 156.35% increase. As at 30 June 2026:
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