17/54-58 Johnston Street, Annandale NSW 2038
17/54-58 Johnston Street, Annandale NSW 2038
1 bed unit with parking in Annandale | 52m² internal | established strata complex | school catchment proximity
This unit is positioned within a well-documented building where recent sales confirm consistent demand for one-bedroom apartments with parking. The 52m² floorplan is functional for a single occupant or couple, and the inclusion of a car space adds meaningful utility in this inner-west location where off-street parking is valued. The building’s 40% owner-occupier ratio suggests reasonable stability, while the school catchment access broadens buyer appeal. A buyer seeking a low-maintenance foothold in Annandale would find this unit a practical option, particularly given the building’s transparent sales history and the suburb’s established demographic profile.
The main constraint is that the unit’s exact condition, floor level and aspect within the complex remain unverified, which directly affects comparability with the building’s recent sales. The price picture is unclear from the available evidence and cannot be relied upon without further resolution. Whether the 52m² size and current condition justify a premium over smaller or less updated units in the same building is the key question that requires strata report review and an internal inspection before any buying confidence can be formed.
Detailed Independent Property Report prepared by PropCred Analyst team for 17/54-58 Johnston Street, Annandale NSW 2038
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
2
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Market Insight
Annandale is a sought-after, affluent inner-west suburb blending historic charm with urban convenience, attracting a professional demographic and first-home buyers drawn to its village atmosphere and lower-maintenance apartment options. Demand is driven by this strong appeal to both owner-occupiers and investors, supported by tight supply conditions. Recent house price growth has been robust, though unit values have softened, indicating a divergent market. Future growth is underpinned by its undervalued position relative to long-term trends, but key constraints include high entry prices and persistent affordability challenges.
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PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
1
Land
1342m²
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