27/2 Forsyth Street, Glebe NSW 2037

27/2 Forsyth Street, Glebe NSW 2037
Rare north-facing 5th floor unit | 100 sqm internal, large for Glebe | Built 1974 with pool and lift | Walkable to village and harbour This unit stands apart from typical two-bedroom stock in the area. Its 100 square metre internal area, combined with a 14 square metre balcony, a secure car space, and building amenities including a pool and lift, make it more comparable to a small apartment than a standard unit. The north aspect and elevated position on the fifth floor capture city and harbour views that are uncommon in this age bracket. It is best suited to owner-occupiers seeking space, light, and amenity without moving to a newer building, or to downsizers who want a strong connection to Glebe Village and the waterfront. The 1974 build date may affect financing or insurance options for some buyers, as lenders and insurers sometimes apply different criteria to older strata stock. The presence of a heritage overlay on the land may also limit future alterations to the building envelope or common property. While no specific defects are identified, the age of common infrastructure such as lifts, pool equipment, and building fabric could involve future special levies. These factors should be weighed against the size, position, and lifestyle advantages the property offers.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 27/2 Forsyth Street, Glebe NSW 2037
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Market Insight:

Glebeโ€™s prime inner-city positioning attracts a diverse professional and family demographic, underpinned by strong rental demand from its proximity to the CBD and upcoming transport upgrades. The market shows resilience in houses with steady growth, while the unit segment has experienced recent price adjustments, reflecting a nuanced market. Future growth is supported by sustained urban job markets and vibrant local amenities, though investors should note competitive buyer conditions and potential oversupply in new apartment developments.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

30.26 ha

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