20/16-24 Merriwa Street, Gordon NSW 2072
20/16-24 Merriwa Street, Gordon NSW 2072
Gordon | ground-floor flat | premium school zone | flood overlay noted
This two-bedroom apartment in a well-regarded Gordon building offers a practical entry into a strong upper north shore market. The configuration is standard but solid, and the location within the Killara High School catchment is a key advantage for family buyers. The property suits an owner-occupier seeking established infrastructure and good transport links, or an investor targeting stable rental demand from professionals and families.
The flood overlay is the primary risk, as it can affect insurance premiums and future resale appeal. Buyers should obtain a full strata report and flood certificate before proceeding. The listing price sits slightly above the estimated value, so negotiation room may exist. For an owner-occupier, this is a hold property in a stable suburb; for an investor, it offers moderate yield with long-term capital growth tied to the school catchment and location.
Detailed Independent Property Report prepared by PropCred Analyst team for 20/16-24 Merriwa Street, Gordon NSW 2072
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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
2
Bathroom
2
Parking
1
Land
3408m²
Assessments Delivered Today
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