106 Berowra Waters Road, Berowra Heights NSW 2082
106 Berowra Waters Road, Berowra Heights NSW 2082
Prime location | north-east rear aspect | level 682sqm block | strong rental yield
This property presents a compelling buying case for families seeking a turnkey home in a sought-after pocket of Berrowa Heights. The north-east facing orientation and level terrain are uncommon on this street, giving the house exceptional light and usable outdoor space with no significant bushfire or flood overlays. The four-bedroom, two-bathroom configuration on a 682sqm block is rare for the price point, and the rental yield of approximately $950 per week offers genuine holding power for owner-occupiers or investors. The property serves best for buyers who want immediate liveability in a quiet, family-oriented location with good school catchment and solid infrastructure.
The primary risk is the land value sitting 4% above the median, meaning less upside from land appreciation alone. The 2010 last sale date suggests limited recent market evidence, and the auction guide of $1.45 million may be conservative given valuation estimates around $1.64 million. The opportunity lies in the property’s strong rental demand and the fact it has no heritage or environmental constraints, making it a straightforward hold. For an owner-occupier, this is a long-term family home; for an investor, it offers reliable cash flow with moderate capital growth.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Berowra Heights offers a premium bushland setting on Sydney’s upper North Shore, balancing natural amenity with urban access, which attracts affluent professionals seeking spacious family homes. This demographic drives consistent demand, reflected in strong recent price growth and a brisk sales environment with limited stock. Future prospects are underpinned by its established character and high household incomes, though its premium pricing and balanced demand-supply ratio present inherent affordability and market sensitivity considerations.