17 Rembrandt Drive, Middle Cove NSW 2068
17 Rembrandt Drive, Middle Cove NSW 2068
Large non-strata family house | 5/3/3 on 1,005m² | leafy Middle Cove | strong school catchments | low-yield prestige market
The house is placed in a leafy, low-density pocket where large non-strata holdings are uncommon. Its five-bedroom, three-bathroom configuration and 1,005-square-metre land area are well matched to established families wanting space and privacy. The street’s character is formed by a mix of mid-century originals and premium rebuilds, and this property is seen as part of the upper-family segment. Proximity to strong public school catchments and reserve outlooks is known to strengthen its appeal. Market acceptance is reflected in the 2024 sale at $4.125 million. Buyer interest is expected to come from family owner-occupiers rather than investors.
Value may be influenced by property condition and renovation quality. Insurance and landscaping may be affected by a bushfire overlay, though flood and heritage risks are not indicated. Investor interest may be limited by the low rental yield. Layout and finish are also factored into price. Inspection is recommended.
Detailed Independent Property Report prepared by PropCred Analyst team for 17 Rembrandt Drive, Middle Cove NSW 2068
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
Middle Cove sits just 8.85km from the CBD, a tightly held pocket defined by affluent Australian-born professionals aged 50–59. Demand comes from high-income households earning roughly 114% above the Greater Sydney average, seeking established homes in a low-supply environment: only two properties were listed for sale last month, with zero rentals available. House prices reflect that scarcity, with a median of $3,611,000 over the past year, while units average $1,765,000. Annual house growth sits at 5.6%, supported by just 11–14 sales, indicating a thin but stable market. Future appreciation relies on continued professional demand and limited stock, but the key constraint is affordability: extreme entry prices and rate sensitivity caps buyer depth, keeping turnover minimal and conditions selective for those who can transact at this level.
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PropCred Estimated Value
Comparable Sales: 77 Rembrandt Drive sold $5.05m; 20 Rembrandt Drive sold $2.95m | Listed Price Band: $4.1M-$4.2M | Value Indicator: land size, layout, condition and finish quality
Bedrooms
5
Bathroom
3
Parking
3
Land
1041m²
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