30/24-28 College Cres, Hornsby NSW 2077

30/24-28 College Cres, Hornsby NSW 2077
West-facing balcony with sunset views | Flood overlay detected | Across from Barker College | Rooftop entertainment area | Competitive pricing below estimate This unitโ€™s strongest buying case lies in its positioning , west-facing for afternoon light and sunset views, plus a rooftop area that adds amenity rarely found in this price band. The open-plan layout with gas cooking and split-system air conditioning meets modern expectations, and being across from Barker College and 700m from Hornsby Station gives it a dual appeal to both professionals and families seeking school proximity. With the property listed below its $695k estimate and the suburb showing 3% growth and a 4.6% rental yield, the buyer enters with immediate equity potential and strong rentability at around $730 per week. It serves best as a long-term hold for an owner-occupier or as a low-maintenance investment for a landlord targeting the professional renter market. The flood overlay is the primary risk , it was detected and may increase insurance premiums or complicate financing, so a full inspection and insurer quote should be obtained before exchange. The west aspect, while good for light, can mean higher cooling costs in summer, though the split-system air conditioning mitigates this. With 60% owner-occupancy in the building, the tenant mix is stable, and the 2020 sale at $599,950 shows steady capital growth. The opportunity is to negotiate below the $670k guide given the flood overlay and recent listing, then hold for medium-term capital gain and rental income.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 30/24-28 College Cres, Hornsby NSW 2077
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Market Insight:

Hornsby is a well-established suburb positioned as a family-centric hub with excellent transport links and high-performing schools. Demand is driven by dual-income professionals and families seeking lifestyle and connectivity, creating a competitive market with limited supply. Recent price trends show stable growth, supported by strong rental demand. Future growth is anchored in its infrastructure and educational appeal, though high entry prices and interest rate sensitivity present key affordability constraints.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

2580mยฒ

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