13/53-55 Montgomery Street, Kogarah NSW 2217
13/53-55 Montgomery Street, Kogarah NSW 2217
Oversized 138m² two-bedroom apartment | Third-floor in low-rise complex | Built circa 2003 in established Kogarah | Appeals to downsizers and small families
This apartment is competitively strong primarily because of its exceptionally large 138 square metre floor plan, which is rare for a two-bedroom unit in Kogarah and offers a house-like layout within strata living. The third-floor position in a low-rise complex built around 2003 provides a quieter, owner-occupier-oriented environment rather than a high-density tower, and the well-maintained condition signals a property that has been cared for. It serves best downsizers seeking single-level space without a house, young professional couples wanting room to spread out, or small families looking for a larger strata option near transport and schools.
The property’s value may be affected by its reliance on the quality and financial health of the strata scheme, since common property issues could impact liveability and resale. The absence of confirmed aspect or views means outlook is unverified, and the building lacks premium amenities like a pool or gym, which may limit appeal for buyers seeking resort-style living. The circa 2003 build age means original finishes and systems might require updating within the next five to ten years, so a thorough inspection of the unit’s condition and strata records is advisable before forming a price view.
Detailed Independent Property Report prepared by PropCred Analyst team for 13/53-55 Montgomery Street, Kogarah NSW 2217
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Kogarah presents a compelling, high-growth residential market anchored by its established infrastructure and professional demographic. Demand is driven by young professionals, creating a dynamic environment where houses exhibit strong capital appreciation while units offer more accessible entry and higher rental yields. The market’s momentum is clear, though its high proportion of strata stock and below-average house rental yields present specific supply and income constraints to consider.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
801m²
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