2/24 Sutherland Cres, Darling Point NSW 2027

2/24 Sutherland Cres, Darling Point NSW 2027
Grand heritage apartment, ground floor with courtyard | Rare half-floor layout with light on three sides | Blue-chip Darling Point with walk-to-ferry lifestyle | Single bathroom limits price ceiling for family buyers This is a genuinely uncommon ground-floor apartment in a tightly held 1920s neo-Georgian block, offering the spatial generosity of a house without the maintenance. The half-floor position with windows on three sides and a north-facing courtyard creates a light-filled, private setting that most apartments in Darling Point cannot match. For a buyer seeking period character, a lock-up garage, and immediate access to McKell Park and the ferry, the property delivers a rare combination of scale and convenience. It serves best an executive couple, downsizer, or professional who values heritage charm over modern finishes and does not require a second bathroom. The single bathroom is the propertyโ€™s most material constraint, narrowing the buyer pool and capping future resale competition. Heritage overlay may restrict alterations, so any upgrade to the kitchen or bathroom should be approached with caution and council pre-approval. The estimated value around $1.9 million appears conservative given comparable three-bedroom units in Darling Point trade near $4 million, suggesting either a condition or configuration discount that a buyer could exploit if the floor plan confirms genuine third bedroom space. Hold this property as a long-term lifestyle residence in a low-supply suburb where character stock rarely trades.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 2/24 Sutherland Cres, Darling Point NSW 2027
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Market Insight:

Darling Point is a prestigious harbourside suburb with a market dominated by high-value apartments, attracting buyers seeking an exclusive lifestyle. Demand is driven by cash-rich purchasers, evidenced by low mortgage penetration, securing premium properties. Recent house price growth has been exceptionally strong, though conflicting data suggests volatility, and the market currently sits below its long-term trend. Future growth is anchored to its enduring prestige, yet constrained by significant affordability and its cyclical position.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

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