26/87-89 Flora Street, Sutherland NSW 2232

26/87-89 Flora Street, Sutherland NSW 2232
Villa-style unit with 151sqm internal floorplan | Ground-floor position with courtyard and balcony | Walking distance to both Sutherland and Kirrawee stations | Secure complex with reasonable strata of $890 quarterly The propertyโ€™s primary buying case rests on its unusually large internal area for a two-bedroom unitโ€”151sqm of living space is rare in this price bracket and effectively competes with smaller townhouses. The elevated ground-floor position with minimal stairs, combined with a separate courtyard and balcony, creates a villa-like feel without full villa pricing. For a first home buyer or downsizer, this configuration offers genuine liveability advantages over standard apartments, while the 900-metre walk to Sutherland station and proximity to South Village shopping centre provide solid rental appeal for an investor. The air conditioning, internal laundry, and separate bath and shower add practical convenience that supports both owner-occupier demand and tenant retention. The main risk is the strata site being part of a 1.46-acre complex, which can introduce future levy increases or special assessments if common areas require significant maintenanceโ€”though current quarterly strata of $890 is reasonable and not a red flag. The property has no bushfire, flood, or heritage overlays, which removes costly insurance or renovation constraints. Past sale of $385,000 in 2012 shows long-term capital growth, but the current estimated value of $736,000 suggests modest upside in the near term unless the suburbโ€™s 9.4% growth trajectory continues. Buyers should commission a strata inspection to confirm sinking fund health and any upcoming capital works. This property is best held as a long-term residence or rental, with the large floorplan providing a buffer against market softening.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Sutherland presents a balanced market with robust demand across both houses and units, positioning it as a stable performer. Growth is driven by owner-occupiers and investors, the latter particularly attracted by the unit sector’s strong rental performance. Recent trends show solid capital appreciation and a competitive rental market, with properties transacting efficiently. Future momentum is underpinned by sustained rental demand, though the market remains subject to broader affordability and interest rate sensitivities.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

1.46 acres

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