458/7 Hirst Street, Arncliffe
SydNest Score: 2.9/5
Location 3 | Price 3 | Condition 2 | Amenities 4 | Neighbourhood 3
This one-bedroom apartment is on the 4th floor. I believe it is 10 years old and doesn’t seem to offer much natural light.
Ideal for households with incomes from $130,000 to $180,000
The sales agent has not listed any pricing information but has made it appear in searches above $650,000. I expect that to be the lower end of the guide.
Last sold for $520,000 in 2012 (I suspect this is the first sale) and the desktop valuations suggest around $640,000 today, with a maximum of $678,000.
At $650,000, a 20% deposit (at least $162,500 including stamp duty) could be affordable for those with household income of at least $160,000, probably down to $130,000 if it’s an investment.
If you have a 5% deposit (at least $65,000 including stamp duty), this unit could be attainable with household income of at least $180,000, probably down to $160,000 if it’s an investment.
Note: Some banks might require a 10% deposit for this property. However, you can contact me at my website if you want to talk more about this.
Of course, these estimates are subject to so many things, which you can read about in my disclaimer.
What I love about Arncliffe:
Convenience:
Budget-Friendly: Housing in Arncliffe is generally cheaper compared to closer-in suburbs, making it attractive for young professionals, families, and first-time buyers.
Superbly Connected: Arncliffe boasts exceptional public transport options. Not only does it have two train stations (Arncliffe and Turrella) on the T4 Eastern Suburbs & Illawarra line, but also Wolli Creek Station on the T8 City Circle line, all within a 15-minute walk from most locations in the suburb. This provides easy access to Sydney's CBD, surrounding areas, and other destinations along the City Circle loop.
Evolving Scene: The suburb is undergoing a revitalisation with new cafes, restaurants, and shops adding a trendy vibe to the area.
Culturally Diverse: Arncliffe boasts a strong Middle Eastern influence, evident in its delicious and affordable restaurants. The suburb fosters a welcoming community spirit.
Green Pockets: Arncliffe might not have vast parks, but it does have Arncliffe Park and Poulton Park, perfect for picnics, walks, or just unwinding outdoors. There are green spaces like Wolli Creek Regional Park and Girraween Picnic Area offering opportunities for walking, picnicking, and enjoying nature. The Cooks River also provides a scenic waterfront element.
Here’s what the apartment offers:
Large bedroom with built-in robe
Open plan living and dining
Split system air conditioning
Gas cooking, dishwasher
Internal laundry
Study/home office nook
Secure car space
If you like it
Contact the agent if you wish to inspect. Visit my website if you would like me to arrange your finance.