130 Patrick Street, Hurstville NSW 2220
130 Patrick Street, Hurstville NSW 2220
Double brick freestanding | ready to occupy | flood & bushfire overlays | smaller 3-bed on street of 5-beds
This property presents a competitively strong, low-maintenance entry into a street characterised by larger, long-held family homes. Its double-brick construction and immediate occupancy offer a durable, turnkey solution, best serving downsizers or small families seeking a foothold in an established area without the premium for a larger configuration. The single car space and moderate lot size are functional concessions for this price segment.
The decision hinges on accepting specific environmental risks and a configuration that sits atypically for the street. The applicable flood and bushfire overlays impose future insurance costs and potential resilience investments, while the three-bedroom format may limit capital growth relative to larger comparables. Proceed with a value-focused auction strategy, viewing this as a long-term hold. A Propcred report would pressure-test the valuation against these risks and provide the necessary due diligence on locality-specific insurance premiums.
Recent sales on Patrick Street provide critical context:
– 136A Patrick Street: 3 bed, 1 bath sold for $1.76m (held 8 years)
– 44 Patrick Street: 5 bed, 3 bath sold for $2.17m (held 32 years)
– 118 & 135 Patrick Street: 5-bedroom homes sold above $3m
This data anchors the subject property’s likely value below $2m, confirming its position at the more accessible end of the street’s spectrum. The achieved price for the nearby three-bedroom home at $1.76m is your most direct benchmark.
Detailed Independent Property Report prepared by PropCred Analyst team for 130 Patrick Street, Hurstville NSW 2220
Market Insight:
Hurstville is a well-connected, culturally diverse hub appealing to families and professionals seeking strong schools and urban convenience. Demand is driven by this demographic, with particularly robust activity in the unit market. House prices have demonstrated strong recent growth, while the unit market shows steadier appreciation. Future growth is supported by significant planned development, though a constrained supply of new houses presents a key market risk.