9/19-21 Kiora Road, Miranda NSW 2228
9/19-21 Kiora Road, Miranda NSW 2228
Small 13-unit block | 75% owner-occupied | 2-bed compact layout | steps to Miranda station | within school catchments
This unit is set in a rare small block of only thirteen properties, where owner-occupiers dominate. The majority owner-occupied status is seen as a strong signal of a well-cared-for building and a stable neighbourly environment. Its location near Miranda station and Westfield is considered a practical advantage for those who value walk-to-everything convenience. The two-bedroom layout is compact but functional, and it is suited to first-home buyers, downsizers, or investors seeking a dependable rental position.
The unit’s value may be shaped by its floor level and aspect, as both affect natural light and privacy. The compact floor plan might be considered less suitable for families, but the strong location and low complex overheads could be viewed as compensating factors. Surrounding commercial activity may be seen as contributing to busier street conditions, though this is balanced by the convenience of nearby retail and transport.
Detailed Independent Property Report prepared by PropCred Analyst team for 9/19-21 Kiora Road, Miranda NSW 2228
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
2
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Market Insight
Miranda, in the Sutherland Shire, is a family-oriented market with 66% owner-occupiers and roughly half apartments, attracting buyers seeking larger homes with gardens. House prices range $1.87m–$1.94m, up 7–8% annually; units are $855k–$940k, with yields of 2.8% and 4.1% respectively. Homes sell in 30–42 days, though transaction volumes are thin (169–482 sales). Long-term capital growth is steady (4.2% CAGR over 20 years), and the market sits below long-term trend entering 2026. Constraints: a $1.95m median house price, affordability pressure, and just 41 listings, limiting supply flexibility.
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PropCred Estimated Value
Comparable Sales: Unit 8 and Unit 11 at 19-21 Kiora Rd, 2-bed units in the same block, sold in the mid-$800s | Property Price Band: $850k–$950k | Value Drivers: location near station and Westfield, owner-occupied complex, compact layout
Bedrooms
2
Bathroom
1
Parking
1
Land
1309m²
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