A305/17-23 Merriwa Street, Gordon NSW 2072
A305/17-23 Merriwa Street, Gordon NSW 2072
1-bed 2-bath study | third floor Gordon Grange | school catchment appeal | tree-lined peaceful street | premium finishes
This property is considered an unusually well-appointed one-bedroom apartment within Gordon’s market. Two bathrooms and a study are included, offering a layout typically reserved for larger dwellings. A third-floor position in the Gordon Grange complex and a tree-lined street setting are combined for privacy and convenience. The strong school catchment alignment and premium finishes are best suited to downsizers and professional couples, with investor appeal also present.
The property’s value may be most sensitive to its internal condition and aspect, which are not fully detailed. Its strata title limits land exposure, potentially affecting long-term capital appreciation. The unusual two-bathroom configuration and secure parking could command a premium among buyers, but the ultimate price may depend on how these features compare with newer nearby stock.
Detailed Independent Property Report prepared by PropCred Analyst team for A305/17-23 Merriwa Street, Gordon NSW 2072
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Gordon offers a blend of suburban tranquillity with strong city connectivity, appealing to established families and professionals. Demand is driven by this demographic seeking larger homes and accessible apartments, supported by high household incomes. The housing market has softened recently, while the unit segment shows resilience with positive rental yields. Future growth is underpinned by this sustained demand and a market position currently below its long-term trend, though sensitivity to broader economic conditions remains a noted consideration.
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PropCred Estimated Value
Bedrooms
1
Bathroom
2
Parking
1
Land
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