9/27-31 Burke Road, Cronulla NSW 2230

9/27-31 Burke Road, Cronulla NSW 2230
2-bed secure unit | beachside Cronulla walkability | established low-rise block | strong rental demand | mid-market appeal This unit sits in a genuinely sought-after part of Cronulla, where the beach, mall, cafes and coastal walks are all within an easy flat walk. The combination of secure parking, a balcony and a practical two-bedroom layout gives it a lock-up-and-leave quality that suits downsizers, professional couples and investors alike. The low-rise setting and relatively generous common grounds make it feel less dense than much of the newer apartment stock nearby, while the established building character keeps entry pricing more realistic than premium boutique product. It serves buyers who want the lifestyle without the maintenance of a house, and who value convenience over showpiece finishes. As a mid-market coastal apartment, it offers a practical foothold in a tight beachside market. The condition and presentation of the interior may be the single biggest variable affecting value, since older units of this type often trade below potential until a kitchen or bathroom is refreshed. The aspect, floor level and orientation might also influence how quickly it sells, as do the usual strata considerations of levies, building age and any upcoming special levies. A well-presented unit with an acceptable floorplan could achieve the upper end of the local price range, while one needing updates may require a discount to attract attention. Buyers should weigh these factors carefully when forming a price view. >> Comparable Sales: 4/27 Burke Road sold $1,040,000; 2/37-41 Burke Road sold $1,100,000 | Property Price Band: $1.0M–$1.1M | Value Drivers: condition, aspect, layout efficiency
Detailed Independent Property Report prepared  by PropCred Analyst team for 9/27-31 Burke Road, Cronulla NSW 2230
Checks found:
Value Risk ✕ 2
Liquidity Risk ✓
Planning Risk ! 1
Income Risk ✓
Execution Risk ! 1
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Market Insight

Cronulla’s market pairs premium house pricing with a livelier unit segment. Median houses are $3.425 million (10.31% growth) or $3.3275 million (2.4%) depending on source; units are $1.116 million (6.29%) or $1.1415 million (13%). Houses take 42–51 days to sell, with 99–120 annual transactions. Rents are mixed: houses $750–$1,400 weekly, units $695–$700. Gross yields are 2.05% for houses and 3.14%–3.4% for units. Demand stems from a balanced owner-occupier/renter base, with 41% of owners mortgaged, plus the suburb’s coastal appeal and community. Town centre upgrades, new playgrounds, library, parking and sporting facilities underpin future growth. Risks include unit oversupply, which has historically reduced house price resilience during Sydney slowdowns. Early 2026 data places Cronulla below its long-term trend, signalling undervaluation.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

1616m²

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