8/11-17 Water Street, Hornsby NSW 2077
8/11-17 Water Street, Hornsby NSW 2077
Freshly painted two-bedder with lock-up garage | boutique double-brick block, stable long-term owners | flood overlay detected | walk to station and Westfield.
This unit’s competitive edge is its condition and configuration: newly painted with new carpet, both bedrooms have built-in robes, and the lock-up garage is rare in this price band. The boutique double-brick complex attracts longer-term owners, which signals lower turnover risk and better building stewardship. It suits a first-home buyer or investor seeking a low-maintenance hold in a well-connected pocket—the short walk to Hornsby station and Westfield adds daily convenience that supports both lifestyle appeal and tenant demand.
The flood overlay is the primary risk; it may affect insurance premiums and resale speed in a downturn, though no recent flood events are noted in the data. The guide price sits below the recent estimate of $809,000, offering a potential entry discount if negotiated firmly. Rental estimate of $685 per week implies a gross yield near 4.6% at guide, which is reasonable for the area. Hold this property as a core suburban unit—its location and condition should support steady capital growth and reliable rental income over a medium-term horizon.
Detailed Independent Property Report prepared by PropCred Analyst team for 8/11-17 Water Street, Hornsby NSW 2077
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
Hornsby is a well-established suburb positioned as a family-centric hub with excellent transport links and high-performing schools. Demand is driven by dual-income professionals and families seeking lifestyle and connectivity, creating a competitive market with limited supply. Recent price trends show stable growth, supported by strong rental demand. Future growth is anchored in its infrastructure and educational appeal, though high entry prices and interest rate sensitivity present key affordability constraints.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
2119m²
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