402/33-35 Dunning Avenue, Rosebery NSW 2018
402/33-35 Dunning Avenue, Rosebery NSW 2018
Large 117mยฒ two-bedroom | high owner-occupier building | young renter catchment | no flood or bushfire overlay | strong rental yield near 5%
The propertyโs primary advantage is its uncommon internal size,117mยฒ is well above the typical Rosebery two-bedroom apartment,which creates a genuine scarcity in the market and supports a premium over smaller units in the same complex. The buildingโs 35% owner-occupier rate is notably high for the suburb, suggesting better common property care and more stable neighbours, which matters for long-term holding. The 66% concentration of residents aged 20โ39 in Rosebery aligns with strong rental demand, and the Domain rental estimate of $1,065 per week implies a yield near 5%, which is attractive for an inner-Sydney apartment. This property suits a buyer who values space and liveability over a pure entry price, or an investor seeking a lower-turnover tenant profile.
The key risk is the lack of recent comparable sales in this specific building,the last sale was 11 years ago,which means the Domain mid-estimate of $1.12 million is less grounded than it would be with more data. The 65% rental population on the street may indicate some transient turnover, though this is typical for Rosebery. The opportunity lies in the buildingโs configuration: a 117mยฒ unit in a 35-unit complex is rare, and if the interior condition is good, it can command a price closer to the high end of the estimate. Use this property as a hold-and-occupy or a stable rental; its size and low-risk location give it resilience through market cycles.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 402/33-35 Dunning Avenue, Rosebery NSW 2018
Market Insight:
Rosebery presents a dynamic, youthful market with divergent trends between its housing and unit sectors. Recent price adjustments reflect a recalibrating market, yet houses demonstrate resilient demand with a swift sales pace. The unit market offers notably higher rental yields, attracting investor interest. Future growth will hinge on broader economic factors and the suburb’s ongoing appeal to its core demographic.