69/35-39 Dumaresq Street, Gordon NSW 2072

69/35-39 Dumaresq Street, Gordon NSW 2072
93mΒ² 1-bed | Secure parking x2 | Flood overlay | Gordon schools catchment | High rental yield This unit presents a functional holding with above-average internal space and dual secure parking, a configuration that strengthens its rental appeal and differentiates it within its building. Its position within the Gordon West and Killara High catchments provides a durable demand lever from families seeking entry to these schools. The property best serves an investor seeking yield, given the demonstrated rental performance of comparable units, or an owner-occupier prioritizing space and storage in a well-located unit. The identified flood overlay imposes a tangible risk, likely affecting insurance premiums and future saleability, which is partially offset by the absence of bushfire or heritage constraints. The building’s sales history shows inconsistent capital growth, suggesting market value is anchored to rental income. Acquire this property as a yield-focused investment with moderate growth expectations. A Propcred report would pressure-test the valuation against the flood risk and provide essential due diligence on building health and locality-specific insurance costs. Recent sales within the building indicate a stable, income-driven market. Unit 68 sold for $670,000, showing modest growth. Unit 66 sold for $630,000, indicating some value softness. The two-bedroom Unit 76 achieved a higher price but also recorded a slight annual decline. This pattern supports a valuation focus on achievable rent rather than speculative appreciation, with this unit’s estimated midpoint yield of approximately 5.2% aligning with the building’s performance.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Gordon offers a blend of suburban tranquillity with strong city connectivity, appealing to established families and professionals. Demand is driven by this demographic seeking larger homes and accessible apartments, supported by high household incomes. The housing market has softened recently, while the unit segment shows resilience with positive rental yields. Future growth is underpinned by this sustained demand and a market position currently below its long-term trend, though sensitivity to broader economic conditions remains a noted consideration.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

1

Land

1.49 acres

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