201/467 Miller Street, Cammeray NSW 2062
201/467 Miller Street, Cammeray NSW 2062
Boutique 34-unit block | 2 bed 2 bath 1 car | Cammeray Public catchment | Strong recent building sales
This apartment occupies a genuinely scarce position-a two-bedroom, two-bathroom layout with parking in a boutique building of only 34 homes, where half the owners live in the building and auction clearance runs at 95%. The 2.7-metre ceilings and open-plan design are not cosmetic; they create a sense of space that typically commands a premium over nearby stock, particularly for owner-occupiers seeking a permanent home rather than an investment. The school catchment, with Cammeray Public 200 metres away, broadens the buyer pool to families who might otherwise target a house, and the FTTP connection adds a practical layer for remote workers. This property best suits a professional couple or small family prioritising low-maintenance living in a tightly held lower North Shore pocket with strong resale liquidity.
The primary risk is that apartment pricing remains sensitive to floor level, aspect, and natural light-this unit’s exact position within the building is not disclosed, and a north-east or rear-facing aspect could limit its premium relative to the $1.27–$1.3 million comparables. The auction campaign will be the true price discovery mechanism, and the six-week inspection window suggests the agent expects competition. The opportunity lies in the building’s 50/50 owner-renter split and limited turnover: a well-presented unit here tends to attract multiple bidders, and the high clearance rate implies motivated buyers are already active. If this apartment has good light and a quiet outlook, it may outperform the recent sales in value retention.
Detailed Independent Property Report prepared by PropCred Analyst team for 201/467 Miller Street, Cammeray NSW 2062
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Cammeray is a tightly held, low-density enclave on Sydney’s Lower North Shore, characterised by its significant parkland and a local ban on high-density apartments that preserves its character and constrains new supply. Demand is driven by affluent professionals, predominantly childless couples, who are drawn to its established residential fabric and scarcity of stock. The market has experienced exceptional price growth, recently propelled by a surge in high-value waterfront transactions. Future performance is underpinned by this chronic supply constraint, though the market’s median remains sensitive to the sale of premium properties.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
809m²
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