24/1219-1223 Pacific Highway, Turramurra NSW 2074
24/1219-1223 Pacific Highway, Turramurra NSW 2074
Turramurra apartment | 92sqm internal | 2 bed 2 bath | single car space
This unit offers a rare combination of generous internal space and a practical two-bedroom, two-bathroom layout, which is competitively scarce in this price bracket. The 92sqm floorplan provides genuine living separation and storage capacity, giving it an edge over smaller contemporary apartments. The buildingโs established owner-occupier profile with average tenure exceeding ten years signals stable community and lower turnover risk, which suits a buyer seeking long-term occupancy or a reliable base. This property best serves a downsizer or professional couple who value space and location efficiency over brand-new finishes.
The key risk is the absence of confirmed floor level, strata levies, and renovation condition, which may introduce unexpected outlay or compromise light and outlook. These unknowns create negotiation leverage for a buyer prepared to conduct due diligence. The price guide aligns with the buildingโs recent $760,000 comparable sale, indicating fair pricing without obvious discount. Commercial logic supports this as a hold property: the location on Pacific Highway offers convenience, and the buildingโs tenure profile suggests capital stability rather than short-term uplift. Use this unit as a solid long-term home or a low-maintenance base with reasonable exit liquidity.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 24/1219-1223 Pacific Highway, Turramurra NSW 2074
Market Insight:
Turramurra is a premium, family-centric suburb characterised by strong long-term capital growth for houses, though the unit market has recently softened. Demand is driven by established professionals seeking family homes, reflected in high owner-occupancy. The housing market demonstrates resilience with steady sales volume, while units present a higher yield opportunity amid current price adjustments. Future growth is underpinned by its established demographic profile, though the divergence between house and unit performance warrants close attention.