73/323 Forest Road, Hurstville NSW 2220
73/323 Forest Road, Hurstville NSW 2220
Spacious 2-bedroom unit | South-west facing with balcony | Gateway complex with pool and gym | Strong rental demand in Hurstville
This property offers a significantly larger internal floor area than typical two-bedroom apartments in the area, which gives it a competitive edge in both owner-occupier appeal and rental desirability. The south-west orientation provides afternoon light without the full western heat, and the inclusion of ducted air-conditioning, an en-suite, and complex amenities like a pool and gym positions it well for professionals or couples seeking a low-maintenance lifestyle close to the station. The open-plan layout and private balcony add liveability that smaller units in the same price bracket lack.
The flood overlay detected for this address is the primary risk, as it may affect insurance premiums and lender appetite, potentially narrowing the buyer pool. However, comparable sales in the complex show steady annual growth between one and four percent, suggesting underlying market stability. The current asking price is unlisted, so a buyer should use the recent $638,000 to $640,000 sales of similar units in the same building as a benchmark. This property suits a buyer who values space and amenity over a bargain, and it should be held as a medium-term investment with strong rental yield potential.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 73/323 Forest Road, Hurstville NSW 2220
Market Insight:
Hurstville is a well-connected, culturally diverse hub appealing to families and professionals seeking strong schools and urban convenience. Demand is driven by this demographic, with particularly robust activity in the unit market. House prices have demonstrated strong recent growth, while the unit market shows steadier appreciation. Future growth is supported by significant planned development, though a constrained supply of new houses presents a key market risk.