511/7 Village Place, Kirrawee NSW 2232
511/7 Village Place, Kirrawee NSW 2232
511/7 Village Place | Modern high-spec apartment | South Village precinct | Secure lift-access living | Strong owner-occupier appeal
This apartment at 511/7 Village Place is positioned within a newer master-planned precinct in Kirrawee, where the building stock is noticeably newer and better specified than much of the older unit supply in the suburb. The fit-out is understood to include open-plan living, quality kitchen and bathroom finishes, air-conditioning, balcony with gas point, secure parking and storage. A low-maintenance lifestyle with genuine convenience is supported by that combination, and the property is placed comfortably above typical older apartment stock. Professional couples, downsizers and investors are most likely to be suited, because a secure, amenity-rich unit close to shops, dining, transport and schools is offered. A practical everyday edge is also given by landscaped common areas and a mixed-use setting by which rental appeal is strengthened.
Value may be shaped most by floor level, aspect, and outlook, as long views are captured by some apartments in the estate while others are oriented internally or toward the street. A meaningful land component is not attached to this property, so price is tied more to building quality, layout, and presentation than to land scarcity. Strata fees and building management performance may also be expected to influence buyer sentiment, and a stronger north-east or high-floor orientation might be reflected in a noticeable premium over a comparable unit with limited outlook.
Detailed Independent Property Report prepared by PropCred Analyst team for 511/7 Village Place, Kirrawee NSW 2232
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
1
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Market Insight
Kirrawee is an established southern Sydney suburb with strong transport links to the CBD, and its population skews professional and family-oriented. Demand is led by families chasing larger homes, plus first-home buyers and downsizers drawn to the 45.3% strata share, though the $1.8m median house price filters out many. House values have risen 5.9-8% over the past year to $1.73-1.83m, while units sit around $920k-940k with 4.4% growth; houses average 21 days on market, with 126 sales over the past year. Supply is tight—only four listings last month—and the demand-supply ratio suggests few properties meet demand, supporting capital growth. Transport accessibility and varied property types underpin future demand. Key constraints are affordability, with the median house price well above the NSW state average of $1.21m, and chronically low stock, which limits turnover.
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PropCred Estimated Value
Comparable Sales: 508/3 Village Place sold for $860,000 in Jul 2025; 517/10 Village Place sold for $950,000 in 2021 | Property Price Band: $850,000-$950,000 | Value Drivers: modern fit-out, floor position and outlook, secure parking and storage
Bedrooms
2
Bathroom
2
Parking
1
Land
678m²
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