5/4 Elliot Place, Hillsdale NSW 2036
5/4 Elliot Place, Hillsdale NSW 2036
2-bed unit | 89m² internal | secure garage | Hillsdale flat | first sale since 1995
This property’s primary advantage is its scarcity—first offering in over thirty years within a small seven-unit complex where owner-occupier rates sit at 45%. The 89m² internal footprint is generous for a two-bedroom flat, and the single secure garage with remote access is increasingly uncommon in this price bracket. The floorboards and built-in robes reduce immediate capital outlay for a buyer. It suits first-home buyers seeking long-term hold or investors targeting the 55% rental demographic in Hillsdale, where comparable two-bedroom units show consistent demand and the estimated $755 weekly rent supports a yield near 5.3% against the $740,000 valuation.
The lack of recent comparable sales within the building creates pricing uncertainty, and the 1995 purchase history offers no guide to condition or renovation needs. The property sits in a shared 483m² lot with no strata details provided, meaning buyer due diligence on sinking fund and levies is critical. However, the absence of bushfire, flood, or heritage overlays removes common deal-breakers, and the catchment for Matraville Public School at 0.5km adds family appeal. Hold this property as a steady rental income generator or a low-maintenance owner-occupied base in a suburb with limited supply
Detailed Independent Property Report prepared by PropCred Analyst team for 5/4 Elliot Place, Hillsdale NSW 2036
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Hillsdale presents as an evolving eastern suburbs precinct with a professional demographic driving demand, supported by solid rental yields for units. Recent market conditions show divergent price trends and a constrained sales environment, with house values experiencing pressure while units demonstrate relative stability. Future growth is underpinned by ongoing demographic shifts and investor appeal, though risks include significant price variability and a low growth outlook that may temper capital appreciation.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
483m²
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