33/9-15 Newhaven Place, St Ives NSW 2075
33/9-15 Newhaven Place, St Ives NSW 2075
St Ives village walk | whisper quiet strata | 227sqm internal | three bed two bath | ultra contemporary finish
This unit occupies a rare position within a small owner-occupied building, offering a genuine 227sqm of internal space that competes directly with freestanding houses in the area. The floor-to-ceiling glass and open plan terrace bring natural light deep into the plan, which is uncommon in strata apartments of this size. For a buyer seeking lock-and-leave living without sacrificing spatial quality, this property serves as a direct alternative to a cottage requiring renovation. The master suite with walk-in robe and ensuite, combined with dual car spaces and storage, makes it suitable for downsizers who want to stay in St Ives, or a professional couple who need room for a home office.
The key risk here is the strata context,26 units on a 3423sqm lot means future special levies for common property works are a real possibility, and the 2009 last sale date offers no recent price anchor for this specific unit. Comparable sales in the same complex sit between $1.4m and $1.7m, which suggests the upper end of the estimated value range may be optimistic without a premium finish premium. The opportunity lies in the rental yield: at $1,100 per week midpoint, a buyer paying near the low estimate secures a gross return above 3.5%, rare for the Upper North Shore. Hold this property as a long term base or rent it out while the suburb absorbs future transport upgrades and school demand.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 33/9-15 Newhaven Place, St Ives NSW 2075
Market Insight:
St Ives is an established, family-focused suburb on Sydney’s Upper North Shore, characterised by strong owner-occupier demand for its lifestyle and leafy environment. This has driven robust capital growth across both houses and units, with a notably active sales market. Future desirability is underpinned by its established amenity, though current pricing reflects an elevated valuation level that warrants consideration.