1005/1B Pearl Street, Hurstville NSW 2220
1005/1B Pearl Street, Hurstville NSW 2220
2 bed 2 bath 1 car | modern 2016 build | rooftop amenity | flood overlay noted | high-floor likely
This property sits in the newer end of Hurstville’s apartment stock, offering a configuration that balances everyday practicality with genuine comfort. The two bedrooms, both with built-ins, and the ensuite bathroom give it a layout that suits couples, small families, or professionals who want separation and convenience. The open-plan living, private balcony, and internal laundry are the kind of features that make daily life easier, while secure parking and lift access add a layer of practicality that older walk-ups in the area simply cannot match. The rooftop garden and city views from common areas lift the overall appeal, making this a property that should hold interest from first-home buyers, downsizers, and investors alike. Its position near Westfield and the station means the convenience factor is strong, and the modern build quality should reduce immediate maintenance concerns.
The flood overlay flagged on the property is worth understanding before committing, as it may influence insurance costs or future lending terms. The exact floor level and aspect of unit 1005 are not confirmed, and in a large complex, these details can materially affect light, privacy, and outlook—so verifying them should be a priority. The building’s tenant mix shows a higher turnover rate, which may suggest a less tightly held environment, but that also points to steady rental demand. The 5.20% yield on a similar unit in the same complex indicates reasonable income potential, though individual lots may vary in finish and condition.
|| Comparable Sales: Unit 1108 sold at $789.5k; Unit 802 sold with no price disclosed | Property Price Band: $700k–$800k | Value Drivers: floor level, aspect, fitout quality, parking and storage inclusions
Detailed Independent Property Report prepared by PropCred Analyst team for 1005/1B Pearl Street, Hurstville NSW 2220
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
1
URL has been copied successfully!
Market Insight
Hurstville, 16km south of the CBD, is a family-oriented St George hub with a heavily apartment-based stock mix. Families, downsizers and professionals drive demand, drawn by strong schools, retail amenity and transport. House prices were flat on the Q4–Q4 measure (median $2.05–$2.2m), while units near $770,000 turn over faster (31 days vs 50) and yield 4.97%. Unit sales rose 27.1% in Q4; house sales fell 15.2% to 28, reflecting rate sensitivity. With no new standalone houses planned through 2027, undersupply will push prices up; a 5.6% vacancy rate and $298.5M of apartment projects are the key constraints.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: Unit 1108 sold at $789.5k; Unit 802 sold with no price disclosed | Property Price Band: $700k–$800k | Value Drivers: floor level, aspect, fitout quality, parking and storage inclusions
Bedrooms
2
Bathroom
2
Parking
1
Land
94m²
URL has been copied successfully!