7/33 Carrington Avenue, Hurstville NSW 2220

Flood overlay | original kitchen | 49 sqm interior | long owner tenure in block The flood overlay creates an insurable cost burden and may limit future resale pool, while the original kitchen signals deferred capital expenditure of roughly $25-40k for a functional refresh. The generous room sizes and timber floors are structurally sound positives. This unit is best held as a long-term rental given the affordable entry point relative to the building’s stable ownership profile. The competitive advantage here is price: at the lower end of the Hurstville market, you acquire a floorplan that competes with newer stock. The secure parking and balcony are rare at this price point. Suits a first-time buyer wanting to step in or an investor seeking a low-entry hold in a high-demand suburb. To confirm the condition gaps, a building and pest inspection is now your rate-limiting step. Comparable sales within the building-1/33 sold for $580k in March 2025 as a 2-bed-show a 5.14% annual growth over 31 years. Adjusting for the one-bed format and original kitchen, the implied value lands between $500-550k, consistent with the current listing. This building’s pricing floor is validated by the long owner tenure.