130/414-418 Pitt Street, Haymarket NSW 2000

Large 176sqm apartment | 3-car parking rare in Haymarket | Auction clearance weak in area | Below median guide The property’s competitive advantage lies in its size and parking allocation. At 176 square metres with three car spaces, this unit offers a configuration almost impossible to find in new developments, making it a strong option for owner-occupiers needing space and vehicle storage in the CBD fringe. The asking guide sits just under the area median for three-bedroom units, which, given the unusual internal area and parking count, positions it as a value proposition for buyers who prioritise utility over cosmetic finish. The soft auction clearance rate for three-bedroom units in Haymarket suggests limited buyer competition, which may allow a disciplined purchaser to negotiate below the guide if bidding stalls. Flood and bushfire planning overlays flagged for the building require confirmation via strata records, as they could affect insurance costs and re-sale appetite. The automated valuation gap of roughly $319,000 below the guide reinforces the need to verify whether the premium is justified by the parking and size, or whether it reflects vendor over-expectation.