1512/1D Greenbank Street, Hurstville NSW 2220
1512/1D Greenbank Street, Hurstville NSW 2220
2-bed 2-bath newer apartment | Grand H project completed 2019 | Premium finishes expected | Strong rental demand signals
The two-bathroom configuration in a newer two-bedroom apartment is competitively stronger than the older stock that dominates Hurstville, where single-bathroom units are more common and less attractive to downsizers and owner-occupiers. This property sits within a completed 381-unit mixed-use project that includes retail and community space, placing it in a high-density urban environment with immediate access to established amenities. European appliances and caesarstone benchtops are indicated from related listings in the same building family, so the finish level is likely above typical entry-level new apartments. It best serves buyers seeking a low-maintenance urban home with parking and modern interiors, particularly first-home buyers and investors targeting the rental market.
A newer-build apartment in a large strata complex may face moderate capital growth compared to freehold houses, as land content is minimal and supply in the precinct is already significant. The 571 m² lot on record is the underlying site area, not the unit’s exclusive entitlement, so no land-value upside should be assumed. Ongoing strata levies and by-laws will affect holding costs and flexibility. On the positive side, the completion in 2019 means the building has settled structurally, and the developer’s scale project may have established a reliable strata management track record. Rental demand signals from similar lease listings in the same street suggest the unit could attract consistent income, which may support price expectations even if capital gains are moderate.
Detailed Independent Property Report prepared by PropCred Analyst team for 1512/1D Greenbank Street, Hurstville NSW 2220
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
Hurstville is a well-connected, culturally diverse hub appealing to families and professionals seeking strong schools and urban convenience. Demand is driven by this demographic, with particularly robust activity in the unit market. House prices have demonstrated strong recent growth, while the unit market shows steadier appreciation. Future growth is supported by significant planned development, though a constrained supply of new houses presents a key market risk.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
571m²
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