7/26 Pacific Street, Watsons Bay NSW 2030

7/26 Pacific Street, Watsons Bay NSW 2030
1976 waterfront strata | 9-lot building | 2 bed 1 bath 1 car | harbour views | heritage conservation The unit is positioned within a tightly held 1970s strata block of only nine lots in Watsons Bay, a waterfront heritage conservation area. The building’s small scale and harbour-facing position provide a rare combination of everyday liveability and coastal prestige. A strong configuration of two bedrooms, one bathroom, and secure parking suits downsizers, professional couples, or investors seeking scarce harbourside stock. Heritage listing and the limited supply of similar apartments in the locality are expected to underpin long-term demand. The property’s character is defined by its immediate access to Camp Cove beach, the village, ferries, and parklands, making it one of the more lifestyle-oriented locations in the eastern suburbs. The unit’s floor level and orientation may affect the extent of harbour views, which could materially influence value. Heritage overlay constraints might limit external renovation options, while the 1970s building age may involve ongoing maintenance costs. A renovated interior with modern kitchen and bathroom could support a premium, whereas an unrenovated presentation might require additional investment. The building’s nine-lot configuration and tightly held nature may restrict market supply, potentially supporting price resilience.
Detailed Independent Property Report prepared  by PropCred Analyst team for 7/26 Pacific Street, Watsons Bay NSW 2030
Checks found:
Value Risk 2
Liquidity Risk 2
Planning Risk ! 1
Income Risk
Execution Risk
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Market Insight

Watsons Bay is a tightly held, high-priced harbourside suburb at Sydney’s eastern edge. Median house prices range from $5.6 million to $14.1 million, with 10-year annual growth of 84.8% to 258.4%. High-income families (67% of households) drive demand, drawn by harbourfront access, ferry links, and strong school catchments. Only nine houses sell annually, averaging 27–30 days on market, indicating scarce supply with steady interest. Gross rental yield is 1.84%, showing price growth ahead of income return. Ongoing scarcity supports pricing, but extreme price points limit buyers to the wealthy, low sales volume restricts liquidity, and elevated values amplify interest-rate sensitivity for the 31% of mortgage holders. Zero rental vacancies and a population of 883 reinforce exclusivity, yet the thin market heightens risk.
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PropCred Estimated Value

Comparable Sales: 5/26 Pacific Street sold for $3.8M in Dec 2025 (prior $1.3M in 2013) | Listed Price Band: $3.7M–$3.8M | Value Indicator: condition, view aspect, heritage constraints

Bedrooms

3

Bathroom

1

Parking

1

Land

765m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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