1301/1-3 Elizabeth Street, Burwood NSW 2134
1301/1-3 Elizabeth Street, Burwood NSW 2134
2-bed high-level apartment | Burwood station 5 min | dual ensuite layout | sun-filled north aspect
This apartment offers a configuration rarely found in Burwoodโs newer complexes: two genuinely generous bedrooms each with its own bathroom, including a master ensuite. The high floor position and bright aspect give it a clear advantage over lower-level or shaded units in the same building, particularly for owner-occupiers who prioritise natural light and privacy over absolute entry price. Proximity to Burwood station, Westfield, and parkland means daily amenity is walkable, which supports both strong rental demand and steady resale interest from downsizers and professionals.
The main risk is the buildingโs 35-unit size: smaller than a tower but large enough that individual unit sales can be influenced by neighboursโ listing activity, particularly when three properties are already on market. Buyers should verify the current ownersโ holding period and any upcoming special levies, as the 2018 purchase price suggests limited recent capital growth. The opportunity lies in negotiating from a position of choiceโmultiple listings in the same complex can create motivated sellers, and a well-presented high-floor unit with dual bathrooms will likely exit faster than the buildingโs lower-spec stock.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 1301/1-3 Elizabeth Street, Burwood NSW 2134
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.