1802/1D Greenbank Street, Hurstville NSW 2220
1802/1D Greenbank Street, Hurstville NSW 2220
2 bed / 2 bath / 1 car | ~100 m² modern apartment | 2019 build | strong weekly rent | higher-floor lifestyle focus
The property’s competitive edge lies in its uncommon combination of size and newness. At roughly 100 m², this is a genuinely spacious two-bedroom unit in a 2019 complex, finished with stone benchtops, SMEG appliances, ducted air-conditioning and lift-access security. That places it above the typical compact apartment stock in Hurstville, serving both downsizers seeking low-maintenance space and investors chasing strong rental demand. Its position in a mixed-use precinct near rail, schools and retail reinforces its convenience appeal, while the building’s north-facing and city-view comparables suggest a premium tier within the local market. This unit is best suited to a buyer who values modern finishes, practical size and dependable tenant appeal over pure capital growth.
What may materially affect its price is the exact floor level and aspect, as these are not confirmed for this specific unit. A higher, north-facing or water-angled position might command more than a lower or less favourable orientation, and the mixed-use building character could be a consideration for buyers seeking a purely residential setting. The advertised rental yield appears healthy, but this might be balanced by strata costs typical of a newer lift-served complex. Buyers should weigh how the confirmed floor plan and outlook compare with the building’s finer aspects.
Detailed Independent Property Report prepared by PropCred Analyst team for 1802/1D Greenbank Street, Hurstville NSW 2220
Checks found:
Value Risk
✓
Liquidity Risk
✓
Planning Risk
✕
2
Income Risk
!
1
Execution Risk
✕
2
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.
PropCred Estimated Value
Comparable Sales: 1612/1D Greenbank sold ~$838.5k; 502/1D sold ~$808.8k | Property Price Band: $0.9M–$1.0M | Value Drivers: size, modern fixtures, outlook and floor level
Bedrooms
2
Bathroom
2
Parking
1
Land
571m²
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