418/24-32 Koorine Street, Ermington NSW 2115
418/24-32 Koorine Street, Ermington NSW 2115
2 bed 2 bath 2 car waterfront apartment | premium configuration above typical Ermington stock | broad buyer appeal from downsizers to professionals | standout parking and dual bathroom layout
This apartment’s 2 bed 2 bath 2 car configuration is genuinely uncommon in Ermington, where most units offer one bathroom and a single car space. The dual bathrooms and secure parking for two vehicles position it well above the typical suburban apartment, making it particularly suited to owner-occupiers seeking low-maintenance living without sacrificing space or convenience. The waterfront setting further distinguishes it from the area’s standard stock, which often competes on affordability rather than lifestyle amenity. Couples, small families, and downsizers are likely to find this combination appealing, as it delivers genuine liveability and practical parking capacity rarely seen in this price tier.
The building’s age and exact floor level are not confirmed from available information, and these factors may influence how the property is valued relative to newer or higher-floor alternatives nearby. The unit number 418 could imply an upper level with better outlooks, but this should be verified directly. While the waterfront location is a clear strength, the absence of verified transport connectivity or school catchment details means a buyer should weigh how well the property meets their daily needs beyond the immediate setting. The broader strata site’s land area is substantial, but individual entitlement details are not clear, so the property’s long-term value may be shaped by how the complex is managed and maintained.
Detailed Independent Property Report prepared by PropCred Analyst team for 418/24-32 Koorine Street, Ermington NSW 2115
Checks found:
Value Risk
!
1
Liquidity Risk
✓
Planning Risk
!
1
Income Risk
✕
2
Execution Risk
!
1
Market Insight
This suburb presents a clear divergence between its established, premium house market and a more dynamic unit segment. Recent trends show house prices have stabilised with modest movement, while unit values have demonstrated strong growth, supported by attractive rental yields that appeal to investors. The market for houses remains measured, with properties taking time to sell, indicating considered buyer activity. Future performance will hinge on broader economic factors influencing affordability and the balance of supply, with the unit sector currently showing greater momentum.
PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
2
Land
2027m²
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