40/12-18 Orara Street, Waitara NSW 2077

40/12-18 Orara Street, Waitara NSW 2077
Spacious two-bedroom apartment in resort-style block | Walk to Waitara station | Pool and gym included | Strong commuter and downsizer appeal This property occupies a competitively strong position in Waitaraโ€™s apartment market. The combination of two bedrooms, two bathrooms, and a car space in a 122 mยฒ layout is well above the typical compact unit in the area, offering genuine space for downsizers or professional couples. The resort-style security block with pool and gym, high ceilings, and formal entry sets it apart from basic suburban stock. Walkability to Waitara station and NBN fibre to the building further strengthen its appeal to commuters and small households seeking convenience without sacrificing amenity. The value of this property may be influenced by the recent comparable sale of a similar unit in the same building at $810,000, which provides a reliable price benchmark. The estimated rental income of $745 per week suggests a gross yield in the mid-4% range, which is reasonable for this product type but not exceptional. Buyers should weigh whether the absence of confirmed build year, floor level, or detailed finishes could affect long-term appeal or resale. Strata levies and body corporate health are not verified and may materially impact holding costs.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 40/12-18 Orara Street, Waitara NSW 2077
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Market Insight:

Waitara is a well-established Upper North Shore suburb, highly sought after by young professional families drawn to its excellent school catchments and direct rail link to the CBD. This demographic is the primary demand driver, creating a stable market for family homes. While the house market has experienced recent price softening, the unit segment shows resilience with positive growth. Future demand is underpinned by strong population growth, though high entry prices and sensitivity to interest rates present notable constraints on affordability and supply.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

2245mยฒ

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