205/1 Village Place, Kirrawee NSW 2232

205/1 Village Place, Kirrawee NSW 2232
City views from both balconies | oversized parking with storage potential | pet-friendly in a secure complex | second-floor position with lift access This property offers a rare combination of generous internal space and practical extras that directly strengthen a buyer’s negotiating position. The 137sqm living area with a study nook and two large balconies is unusually spacious for a three-bedroom apartment, and the 46sqm parking areaโ€”capable of holding three cars or significant storageโ€”adds a functional edge most units lack. Being pet-friendly and in a secure, well-maintained complex with lift access broadens its appeal to families and professionals who might otherwise look at townhouses. The city views and proximity to Kirraweeโ€™s shops, schools, and transport make it a strong candidate for owner-occupiers seeking low-maintenance living without sacrificing space. The primary risk is the current tenancy expiring in July 2026, which limits immediate owner-occupier access and may require negotiation on vacant possession. Strata levies at $2,175 per quarter are above average for the area, though they reflect the complexโ€™s quality and amenities. The 60% owner-occupier ratio is healthy, but the 40% rental component could affect long-term capital growth if investor sentiment softens. For a buyer, the opportunity lies in securing a well-configured unit with rare storage and parking advantages in a suburb with solid demand. Hold this property as a long-term residence or hold it as a stable rental with potential for modest capital appreciation tied to Kirraweeโ€™s ongoing development.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 205/1 Village Place, Kirrawee NSW 2232
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Market Insight:

Kirrawee is a well-established southern Sydney suburb positioned for consistent, long-term growth, driven by its convenient location and proximity to essential amenities. Demand is diverse, with families drawn to larger homes and first-home buyers or downsizers attracted to its significant strata market. Recent price trends show strong capital growth, supported by a market where few available properties struggle to meet high demand. Future growth is underpinned by this persistent supply constraint, though the primary risk remains high affordability barriers due to its premium pricing.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

678mยฒ

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