Waterfront Living Secured Residences

While the $1,590,000 price point sits above the suburb's median, this 2 bedroom apartment in Rhodes presents a strategic entry into a market with a robust 12.5% annual unit growth and an ASPIRE Score™ of 65/100, backed by strong rental demand. Positioned on level 20 within a prestigious complex, it offers sophisticated, low-maintenance living designed for professionals, with an estimated rental return of $680 per week. Investors should note the annual after-tax cashflow of $-16,975, a figure that underscores the importance of leveraging significant depreciation benefits and banking on Rhodes's continued capital growth trajectory.