26/53-61 Wright Street, Hurstville NSW 2220

2-bed, 2-bath | 117sqm internal | 1 car | High-demand school catchment | Mid-range building positioning This unit presents a competitively sized two-bedroom offering within a well-established complex, distinguished by its location within highly sought-after public school catchments, a key driver for family-oriented demand. The internal area is notably generous for the configuration, providing a practical edge over standard apartments. The building demonstrates stable long-term residency, with over a quarter of occupants holding for ten-plus years, indicating resident satisfaction and reduced turnover volatility. This property best serves an owner-occupier, particularly a family prioritizing school access, or an investor targeting the durable rental demand evidenced within the complex itself. Primary investment risk centers on the lack of precise comparable sales for an identical two-bedroom layout, requiring a valuation buffer against the higher median for three-bedroom units in the building. The 50% suburb auction clearance rate signals a balanced but selective market, demanding precise pricing. Proceed with an offer anchored to demonstrable value per square metre, not emotional catchment premiums. A Propcred report would pressure-test this valuation, clarify locality-specific risks like future development, and streamline essential checks for a confident purchase. Comparable sales within the building provide a value framework: – Unit 2 (configuration not specified) sold after a long hold, showing 3.62% annual growth. – Unit 4 (3 bed, 2 bath, 2 car) purchased for $1,100,000 in June 2025, later achieving a $930/week rent (4.40% yield). This data positions Unit 26’s expected value below the three-bedroom premium but must account for its larger internal area versus typical two-bedroom offerings in the suburb.