Top-floor privacy | 2011 built complex | Turner School catchment | 53m² refreshed layout
This unit presents a competitively strong entry into a modern, low-maintenance complex within a premier school catchment, a combination that sustains demand from both young professionals and small investors. Its top-floor position and refreshed open-plan living directly address the premium placed on light and privacy in compact units, serving a buyer seeking a move-in ready property with reduced immediate capital outlay.
The primary risk is the compressed unit size against the broader complex’s land share, which historically limits capital growth relative to larger townhouses in the same development. However, the established price differential to comparable two-bedroom sales in the complex creates a defensible entry point. Acquire for owner-occupation to secure the catchment benefit, or as a hold rental targeting the student and young professional market supported by nearby educational institutions.
Recent sales within 27 David Street provide essential context:
– 9/27 David St (2 bed townhouse) sold for $680,000 in Nov 2025, having been purchased for $700,000 in Dec 2022.
– 10/27 David St sold for $717,000.
These comparables confirm a clear value hierarchy within the complex, with two-bedroom townhouses commanding a significant premium. This unit’s asking price reflects its one-bedroom configuration and unit title, establishing a lower but logical price point for the building.