4/44 Rutland Street, Allawah NSW 2218
4/44 Rutland Street, Allawah NSW 2218
2-bed 1-car stable building | Owner-occupier tenure 6 years | Recent rent $680/wk | Established low-rise pocket | Larger units reach high $800s
This unit sits in an established low-rise apartment building where owner-occupiers have stayed around six years on average, a sign of a stable, cared-for complex. The dominant 2-bedroom configuration suits first-home buyers and downsizers looking for practical living with parking, while the presence of larger 2-bed/2-bath and 3-bed units in the same building gives it a broader appeal than a purely standard block. Its best edge is the mix of entry-level and upgraded stock, meaning a well-presented 2-bed unit here competes directly with both classic Allawah apartments and slightly larger renovated layouts.
The value of this particular unit may hinge on its internal condition, floor level, and aspect, which are not evident from building-level data. Upgraded kitchens or bathrooms, natural light, and a quiet orientation could push it toward the upper end of the building’s recent range, while dated finishes or a poor layout might hold it closer to the lower band. The presence of a current $680 per week rental indicates solid income potential, but the lack of confirmed building amenities means any premium must come from the property itself.
>> Comparable Sales: 5/44 Rutland St sold $695k in 2023; 11/16-18 Rutland St sold $865k in Oct 2025 | Property Price Band: $650k-$850k | Value Drivers: internal condition, floor level, orientation, parking
Detailed Independent Property Report prepared by PropCred Analyst team for 4/44 Rutland Street, Allawah NSW 2218
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
Allawah is a tightly held southern Sydney market of 5,351 residents, median age 37. House prices have risen 8.2-9.1% annually to a $1.84-1.87 million median, but just 17-19 houses trade each year, underscoring scarcity. Units anchor activity: 87 sales, 6.88% growth to $800,000, and a 4.73% gross yield attract first-home buyers and investors. Houses sit 39 days on market, units 17, indicating firm demand. The T4 Illawarra line and M5 provide connectivity, while local and nearby schools support family appeal. Future growth hinges on ongoing infrastructure advantage, though median house prices above $1.8 million and interest-rate sensitivity are real constraints.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
-
Land
2431m²
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