11/30-34 Hilly Street Mortlake NSW 2137

11/30-34 Hilly Street Mortlake NSW 2137
Dual-level waterside apartment | private courtyards | rare foreshore position | 2010 built with updates This property presents a competitively strong offering due to its rare dual-level layout and direct adjacency to the Yaralla Bay foreshore, a configuration uncommon in typical Mortlake apartment stock. The private street-level entrance and courtyards enhance its sense of a low-maintenance house alternative, best serving an owner-occupier seeking a peaceful retreat or a professional couple valuing indoor-outdoor flow and architectural security within a well-established complex. Proceed with a strata report review as the primary due diligence mechanism, costing approximately $59, to uncover any capital works plans or administrative health impacting future levies. The opportunity lies in securing a waterside position with a functional layout that supports stable rental demand, evidenced by an estimated 4% gross yield. This unit justifies a hold strategy for lifestyle or investment, with its value anchored in its scarcity. Propcred’s report provides the real market valuation and strata health checks critical for this specific complex. Recent comparable sales in Mortlake indicate active market movement for units, though specific addresses are not detailed in the available data. This sustained transaction activity supports the liquidity and demand for well-positioned apartments in this suburb, providing a credible baseline for this property’s market positioning.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Mortlake presents as a high-value, low-turnover suburb undergoing a significant market correction. Demand is anchored by a growing population of high-income professionals, yet recent house price declines and extremely limited sales activity signal a constrained and highly sensitive market. Future growth is underpinned by strong demographic fundamentals, but the suburb’s current affordability pressures and low transaction volumes represent a notable risk to liquidity and price stability.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

1.06 acres

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