27/5 Nurmi Avenue, Newington NSW 2127

27/5 Nurmi Avenue, Newington NSW 2127
2 bed 2 bath 1 car | 90 mยฒ internal area | built 1999 | typical Newington apartment format This unit offers a configuration that is both practical and widely in demand, with two separate bedrooms and two bathrooms providing genuine flexibility for couples, small families, or share-household buyers. The internal area of approximately 90 mยฒ is notably generous for a two-bedroom apartment, giving each room comfortable proportions and usable living space that newer stock often lacks. Being part of Newingtonโ€™s first-wave master-planned development from the late 1990s, it sits within an established, landscaped precinct that benefits from mature infrastructure, local schools, and proximity to Sydney Olympic Park. This property is best suited to owner-occupiers seeking solid space and layout without paying a premium for new-build finishes, or investors targeting consistent rental demand from professionals and downsizers drawn to the areaโ€™s amenity and transport links. The buildingโ€™s age may mean standard rather than premium finishes, and the shared strata site limits any individual land upside, so the propertyโ€™s value will be driven more by its internal condition and floor level than by the land component. The single car space is a constraint compared to two-car offerings in the same building, which may narrow the buyer pool slightly and affect price negotiations. Rental yield is likely solid but not exceptional, given the older build and typical strata fees, so a buyer should weigh ongoing holding costs against the unit’s strong liveability and established location.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 27/5 Nurmi Avenue, Newington NSW 2127
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Market Insight:

Newington presents a mixed market with high owner-occupancy in pockets, yet recent price trends for houses have softened. Demand is anchored by households with above-average incomes seeking family-sized homes, evidenced by steady sales activity for three and four-bedroom properties. The unit market offers comparatively higher rental yields, indicating stronger investor appeal for that segment. Future dynamics will hinge on the balance between this established residential demand and the current affordability constraints posed by elevated house prices.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

2.25 acres

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