3/2 Rossi Street, South Hurstville NSW 2221

3/2 Rossi Street, South Hurstville NSW 2221
2-bed 1-bath 1-car | secure small block | balcony & floorboards | leafy South Hurstville | investor-friendly The property is positioned as a compact two-bedroom, one-bathroom unit with secure parking and a balcony, a configuration well suited to both first-home buyers and investors. It is located within a small strata block on a quiet, leafy stretch of Rossi Street, providing convenient access to South Hurstville shops and the Hurstville CBD, an advantage that tends to support consistent rental interest. The interior is presented with floorboards and built-in robes, indicating modest updates that make it ready to occupy without major outlay. This unit is most appropriate for buyers seeking a low-maintenance property in an established suburb with good local amenity. Price may be affected by the older small block lacking lift access, which might moderate appeal. Common area condition and future levies might be sources of extra costs. Natural light may be influenced by floor level and orientation. Proximity to shops and transport might be relied upon to support value, while secure parking is often treated as a practical plus. These trade-offs should be weighed carefully.
Detailed Independent Property Report prepared  by PropCred Analyst team for 3/2 Rossi Street, South Hurstville NSW 2221
Checks found:
Value Risk ✓
Liquidity Risk ✕ 2
Planning Risk ! 1
Income Risk ! 1
Execution Risk ✓
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Market Insight

South Hurstville, 16km south of the CBD, is a family-oriented market. The median house price is $2.182 million, up 17.95% over the year, though other sources range from $1.817m to $2.272m. Units median $855,000, up 5.69%. Houses take 78 days to sell; units 24. Annual volumes are 37 houses and 54 units. Demand is driven by established families wanting larger homes and downsizers seeking a connected community, attracted by cultural diversity, shopping precincts, parks and schools. Gross yields are 2.45% for houses and 4.13% for units; median weekly rents are $880 and $710 respectively. The market sits below long-term trend, indicating undervaluation, but house prices exceed the NSW average, constraining affordability. Future growth likely depends on infrastructure and ongoing amenity appeal, while thin sales volumes and low housing yields are key risks.
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PropCred Estimated Value

Comparable Sales: 1/8 Rossi Street sold $548k (Oct 2023) | Property Price Band: $550k-$650k | Value Drivers: condition, balcony, secure parking

Bedrooms

2

Bathroom

1

Parking

1

Land

733m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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