20/16-24 Merriwa Street, Gordon NSW 2072

20/16-24 Merriwa Street, Gordon NSW 2072
2-bed 2-bath master suite | prime school catchment | flood overlay present | bright refreshed interior A master suite with walk-in wardrobe and ensuite sets this apartment apart from typical two-bedroom stock providing a layout that feels more private and spacious. The school catchment pairing is a major demand driver attracting families and professionals to this established Gordon location. This configuration is well-suited to owner-occupiers seeking a low-maintenance home with strong amenity as well as downsizers valuing two bathrooms and parking. The refreshed interior and balcony enhance everyday living positioning the property competitively within the local market. The flood overlay may prompt additional buyer scrutiny and could affect insurance or lending considerations though its practical impact varies by property. The building’s age might influence ongoing maintenance costs and strata contributions but no specific concerns are raised in available information. The apartment’s aspect and floor level are not confirmed which may affect perceived value for those prioritizing light or views. These factors should be weighed when assessing price expectations.
Detailed Independent Property Report prepared  by PropCred Analyst team for 20/16-24 Merriwa Street, Gordon NSW 2072
Checks found:
Value Risk ! 1
Liquidity Risk ✕ 2
Planning Risk ! 1
Income Risk ✓
Execution Risk ! 1
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Market Insight

Gordon offers a blend of suburban tranquillity with strong city connectivity, appealing to established families and professionals. Demand is driven by this demographic seeking larger homes and accessible apartments, supported by high household incomes. The housing market has softened recently, while the unit segment shows resilience with positive rental yields. Future growth is underpinned by this sustained demand and a market position currently below its long-term trend, though sensitivity to broader economic conditions remains a noted consideration.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

3408m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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