24 Rosebank Cres, Hurstville NSW 2220
24 Rosebank Cres, Hurstville NSW 2220
4-bed house on 462m² lot | Established crescent location | Within 1.2km of three government schools | Auction campaign underway
This house presents a compelling proposition for a family seeking entry into a well-established, school-centric pocket of Hurstville. Its core strength is the combination of a substantial, level block and a four-bedroom layout within walking distance of multiple public schools, a configuration that consistently anchors demand in this suburb. The property serves a buyer prioritizing land size and catchment access over modern finishes, with its value derived from its positional scarcity rather than its condition.
The decision hinges on the auction outcome against the undisclosed reserve and the cost of modernisation. The 2004 last sale indicates significant equity gain for the vendor, creating a pricing floor well above recent improvements. Your commercial logic is to acquire the land and location at a price that reserves capital for inevitable updates. Secure it only at a margin that justifies the deferred investment; otherwise, the required renovation spend will erode your equity position from day one.
Recent sales on the same crescent provide a direct value benchmark. A four-bedroom house sold for $1,960,000 in March 2025, after a rapid $580,000 gain from its 2022 purchase. A nearby three-bedroom home has an auction guide of $1,890,000. This data signals strong upward momentum on the street, suggesting the subject propertys estimated value around $1.98m is credible, but you must discount that figure for its single bathroom and likely dated condition.
Detailed Independent Property Report prepared by PropCred Analyst team for 24 Rosebank Cres, Hurstville NSW 2220
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
2
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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
4
Bathroom
1
Parking
1
Land
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