1204C/1-17 Elsie Street, Burwood NSW 2134

1204C/1-17 Elsie Street, Burwood NSW 2134
2 bed likely | 2 bath | 1 car | circa‑2010 build | transit‑rich pocket This apartment sits within a well‑positioned strata building near Burwood Station, Westfield, and major roads, making it a strong option for commuters or convenience‑driven buyers. The circa‑2010 construction and configuration with two bathrooms and parking place it above entry‑level stock in the suburb, while the building’s mix of one‑ and three‑bedroom units suggests a development that appeals to both owner‑occupiers and investors. Rental estimates for similar units in the same scheme indicate mid‑to‑strong demand, with yields in the 4.8–5.4% range, which may interest those looking for income‑producing property. The exact floor level, aspect, and internal area for this specific unit are not confirmed, so its value may depend on how its orientation and size compare with others in the building. Proximity to busy roads and the station precinct could bring higher activity or traffic noise, which might affect appeal for some buyers. School catchments include Burwood Public and Strathfield Girls High, but no quality metrics are available, so family buyers may want to verify current performance. Strata levies and building outgoings are also unknown, so these should be checked before forming a final view on price.
Detailed Independent Property Report prepared  by PropCred Analyst team for 1204C/1-17 Elsie Street, Burwood NSW 2134
Checks found:
Value Risk ! 1
Liquidity Risk 2
Planning Risk 2
Income Risk 2
Execution Risk
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Market Insight

Burwood presents as a well-established inner-west suburb with a clear market dichotomy. Demand is underpinned by its strategic location and a property mix dominated by apartments, appealing to a younger demographic. While the unit market shows resilience with positive growth, the premium house segment has experienced recent softening, indicating price sensitivity. Future performance will hinge on the suburb’s enduring appeal against affordability constraints in the higher-priced housing tier.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

162m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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