4/5 Cross StreetBalgowlah NSW 2093
Property Details for 4/5 Cross St, Balgowlah
4/5 Cross St, Balgowlah is a 1 bedroom, 1 bathroom Unit and was built in 1977. The property has a land size of 842m2 and floor size of 38m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Last Listing description (August 2022)
If there ever was a true example of "punching above its weight" in real estate terms, then this apartment would be up there with the best of them. Priced at proper "entry level" Northern Beaches prices, this home is located in what is now the local area's most appealing precincts. With Aldi, Woolworths, Ray's Pizza and the B-line all within walking distance, it is easy to see why the home will appeal to those looking to start their journey, or those looking to downsize and stay nearby.
Inside the home feels spacious, and with the added benefit of the high ceilings, it is an inspiring little gem in Balgowlah. With a well-designed open plan kitchen which flows neatly to the adjoining dining and living room, the home feels welcoming, and equally comfortable throughout.
The master bedroom is well proportioned and includes a robe and sufficient space for a decent queen-sized bed, and a nook for additional storage or computer desk alike. The ensuite is well-appointed, and well ventilated, and rounds out this offering nicely.
Overall, the opportunity is exciting and given it is situated in a small boutique block of only 10 units, it will appeal to those that value old-school quality, and the massive array of new-school amenities nearby. Unlike the new apartments offered today, this one is built to last and will be popular among those looking for great value for money in their purchase. If you are an investor, then this unit will be an easy "set and forget", with tenants always keen to be in this upcoming popular part of the Beaches.
Strengths:
- Easy to rent for investors
- Double-brick in small boutique block of only 10 residents
- Walking distance to B-line, Aldi and Ray's Pizza
- Immaculate and well maintained throughout
Disbursements:
- Strata levies: $805 p.q.
- Council rates: $366 p.q.
- Water rates: $160 p.q.
Property History for 4/5 Cross St, Balgowlah, NSW 2093
- 30 Jul 2022Sold for $590,000
- 11 Jul 2022Listed for Sale $590,000 - $610,000
- 12 Aug 2011Sold for $287,000
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0About Balgowlah 2093
The size of Balgowlah is approximately 1.9 square kilometres. There are 12 parks, covering nearly 13.0% of the total area. The population of Balgowlah in 2016 was 7961 people. By 2021 the population was 8068 showing a population growth of 1.3% in the area during that time. The predominant age group in Balgowlah is 40-49 years. Households in Balgowlah are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Balgowlah work in a professional occupation.In 2021, 66.90% of the homes in Balgowlah were owner-occupied compared with 65.80% in 2016.
Balgowlah has 4,356 properties. Over the last 5 years, Houses in Balgowlah have seen a 5.33% increase in median value, while Units have seen a 13.44% increase. As at 31 July 2026:
- The median value for Houses in Balgowlah is $3,420,951 while the median value for Units is $1,607,087.
- Houses have a median rent of $1,575 while Units have a median rent of $875.
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