204/108 Elliott Street Balmain NSW 2041

204/108 Elliott Street Balmain NSW 2041
Modern harbourfront complex | oversized 88mΒ² one-bedroom | secure parking & storage | luxury finishes & ducted AC | prime school catchments This property presents a competitively strong offering within Balmain, defined by its rare configuration of generous internal space and high-end specifications for a one-bedroom unit. Its harbourfront positioning in a modern complex, combined with secure parking and storage, creates a scarcity premium that serves both owner-occupiers seeking a low-maintenance luxury residence and investors targeting the premium rental segment evidenced by strong weekly estimates. The unitΒ’s high floor and excellent natural light amplify its liveability appeal against typically older suburb stock. The primary decision mechanism involves the heritage overlay and strata governance, which may limit alterations and incur specific cost structures; a detailed strata report is essential. The commercial logic is clear, with a high rental yield supported by demonstrable demand, positioning this for a long-term hold with stable capital growth fundamentals. Procuring a professional valuation and locality risk assessment, including strata health and heritage implications, will solidify your investment position.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Balmain is a highly desirable, established inner-city suburb, characterised by its historic charm and proximity to the CBD, attracting a high-income professional demographic. This demand underpins robust and consistent long-term house price growth, though the market shows a clear divergence with houses experiencing strong momentum while units face more subdued conditions. Future growth is supported by strong fundamentals and a diverse housing mix, yet key constraints include high price points and the suburb’s significant proportion of apartment stock.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

1

Land

2.28 acres

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