22/143 Ernest Street, Crows Nest NSW 2065
22/143 Ernest Street, Crows Nest NSW 2065
This is a 2-bedroom, 1-bathroom unit with one secure car space, spanning 72 square metres internally plus a 14-square-metre balcony. Built in 1992 within a 37-lot complex, it sits a five-minute walk from Crows Nest Metro. The bedrooms face north, while the living area and balcony face south. The kitchen features stone benchtops and Miele appliances, and there is a separate internal laundry.
The north-facing bedrooms are a competitive advantage, as many units in this suburb sacrifice natural light in sleeping areas. The inclusion of a separate internal laundry and a high-quality kitchen finish is uncommon for a building of this age, positioning the property above typical 1990s stock. This unit best suits professionals or small families who prioritise Metro access, dining precincts, and proximity to high-performing schools, while still wanting a tranquil setting within a vibrant village.
Building age may introduce considerations around older common property systems, such as lifts or plumbing, though no specific issues are indicated. The south-facing balcony may limit direct sunlight in the living area, which could affect perceived amenity for some buyers. Quarterly strata fees are relatively high, and this may warrant a review of the sinking fund and recent maintenance history to understand long-term cost exposure.
Detailed Independent Property Report prepared by PropCred Analyst team for 22/143 Ernest Street, Crows Nest NSW 2065
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Crows Nest is a tightly held, high-value suburb with a professional demographic driving demand. The market is characterised by strong unit growth and stable house values, reflecting its appeal to young professionals and childless couples. Recent performance indicates robust demand for apartments, while houses maintain steady appeal. Future growth is underpinned by its established position and professional workforce, though high mortgage commitments present a sensitivity to economic conditions.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
2374m²
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