103/7 Russell Street, Corrimal NSW 2518
103/7 Russell Street, Corrimal NSW 2518
Modern apartment | two outdoor spaces | flood overlay flagged | Corrimal village walkable
This property offers a configuration rarely found in apartment living: two separate outdoor areas, a courtyard and a balcony, which significantly broadens its appeal to owner-occupiers seeking a house-like feel within a strata setting. The dual car spaces and near-new condition further strengthen its position against competing stock in Corrimal, making it a strong candidate for buyers who prioritise convenience and low maintenance without sacrificing amenity. It best suits a professional couple, small family, or downsizer wanting immediate access to the village precinct and local schools.
The flood overlay is the primary risk and must be investigated through council flood mapping and insurance quotes before proceeding, as it may affect both finance eligibility and long-term resale. However, the property’s recorded sale history and current pricing below that level suggest a motivated vendor, creating a potential opportunity for a buyer who can move decisively and negotiate on condition rather than price.
Detailed Independent Property Report prepared by PropCred Analyst team for 103/7 Russell Street, Corrimal NSW 2518
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
1
URL has been copied successfully!
Market Insight
Corrimal presents as a well-established coastal suburb with a stable, professional demographic underpinning demand. Recent price growth reflects strong buyer activity, with the market characterised by tight supply and swift sales. Future momentum is supported by solid population and income growth, though affordability pressures from the established price point present a key constraint to entry.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
2
Land
1.23 acres
URL has been copied successfully!