136/1-5 Gertrude Street, Wolli Creek NSW 2205
136/1-5 Gertrude Street, Wolli Creek NSW 2205
2 bed 2 bath 1 car | flood overlay flagged | north-facing balcony | Orchard Park modern unit | strong commuter demand
This unit is considered well-configured for the Wolli Creek market. Two bathrooms for a two-bedroom apartment is regarded as a genuine edge over much of the surrounding stock, and the north-facing balcony, floorboards, split-system climate control, and secure parking are all features that are typically expected by owner-occupiers and investors. The complex is built within the suburb’s mid-2010s apartment wave, with lift access, rooftop barbecue areas, and secure entry, which makes it a comfortable, low-maintenance proposition. Its real strength is found in its location, being a short walk from the station, Woolworths, the village shops, and parks, which keeps commuter demand consistently high. This property is best suited to a professional couple, a first-home buyer wanting lock-and-leave convenience, or an investor seeking a solid, lettable unit in a well-established precinct.
The flood overlay is the factor most likely to be weighed by buyers, as it may inflate insurance premiums and create hesitation, even when the practical risk is low. Floor level and the balcony’s precise orientation might influence resale, with higher levels usually preferred. Capital growth may be tempered by the unit’s position within a dense, high-turnover apartment precinct, and because price estimates vary noticeably between data providers, settled sales should be used as the primary reference.
Detailed Independent Property Report prepared by PropCred Analyst team for 136/1-5 Gertrude Street, Wolli Creek NSW 2205
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Wolli Creek is an apartment-dominated Sydney suburb where demand is driven by young professional renters; 59% of residents are aged 20-34 and 63% rent. The median unit price is $805,000, up 1.2% annually, with 169 unit sales and a 5.9% gross yield. Houses are tightly held—fewer than five sales—at a reported median of $1,125,000, though a 21.6% annual growth figure sits against conflicting longer-term data. The suburb’s population surged 66.6% between 2016 and 2021, and ongoing development should sustain interest. However, the market sits below its long-term trend, with a -1.1% ten-year compound decline against 3.3% over 25 years, highlighting the gap between short-term momentum and long-run performance.
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PropCred Estimated Value
Comparable Sales: 76/1-5 Gertrude Street and 115/1-5 Gertrude Street, recent sales in this complex have settled around $800k-$900k | Listed Price Band: $800k-$900k | Value Indicator: north-facing balcony, dual bathrooms, flood overlay exposure
Bedrooms
2
Bathroom
2
Parking
1
Land
3886m²
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