403/3 Blake Street, Kogarah NSW 2217
403/3 Blake Street, Kogarah NSW 2217
Spacious three-bedroom unit | high owner-occupancy block | strong family location near schools and hospital | limited comparable sales
This property presents a rare configuration in Kogarahโs apartment market, where a 155mยฒ three-bedroom floorplan with two car spaces is uncommon and positions it above typical unit stock. The high owner-occupancy rate in the building supports stable resident quality and long-term capital preservation, which is particularly relevant for buyers seeking a family-sized home rather than an investment asset. Proximity to Carlton South Public School and St George Hospital strengthens its appeal for professional couples or small families who value walkable amenities and catchment access.
The primary risk is the lack of a price guide and limited recent comparable sales on Blake Street, making accurate valuation difficult without agent engagement. The wider Kogarah unit market shows a 42% auction clearance rate and 36-day average selling period, suggesting buyer caution and potential negotiation room. However the propertyโs size and parking advantage over typical two-bedroom units on the same street gives it a differentiated position that may attract less price-sensitive buyers, particularly those priced out of nearby houses.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 403/3 Blake Street, Kogarah NSW 2217
Market Insight:
Kogarah presents a compelling, high-growth residential market anchored by its established infrastructure and professional demographic. Demand is driven by young professionals, creating a dynamic environment where houses exhibit strong capital appreciation while units offer more accessible entry and higher rental yields. The market’s momentum is clear, though its high proportion of strata stock and below-average house rental yields present specific supply and income constraints to consider.