18 Pleasant Avenue, East Lindfield NSW 2070
18 Pleasant Avenue, East Lindfield NSW 2070
Level full-brick single-level|North-to-rear on 854m²|R2 zoning no overlays|Strong school catchments|Modest house, prime land
The competitive strength is grounded in the rare combination of a level 854m² parcel, wide frontage, and north-to-rear orientation. This property is positioned within a blue-chip family enclave where school access and leafy streets are highly valued. The existing single-level full-brick house is modest but sound, with freshly painted interiors and timber floors, making it immediately liveable. What stands out most is the R2 zoning and absence of overlay constraints, giving the site genuine extension or rebuild optionality. The best fit is a long-term family home with future transformation potential.
Value may be shaped more by land than dwelling condition, given the house is older and basic relative to the site. Slight caution might be introduced by the small land size mismatch across sources, but level usable ground and orientation remain strong. Opportunities include extending the classic kitchen or adding a second bathroom, which could lift functionality. Upgrade costs should be weighed against the property’s underlying land value, as the site is likely the primary driver.
Detailed Independent Property Report prepared by PropCred Analyst team for 18 Pleasant Avenue, East Lindfield NSW 2070
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
2
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Market Insight
East Lindfield sits firmly in Sydney’s prestige North Shore market, where demand is driven by affluent families and older outright owners. The suburb’s high household incomes and strong school catchments underpin buyer appetite, with couples with children forming the dominant cohort. House prices have risen markedly over the past year, supported by rapid selling times that signal tight supply. Future growth is anchored to the suburb’s family-friendly infrastructure and constrained sales volume, but elevated price points pose a clear risk to borrowing capacity in a rate-sensitive environment.
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PropCred Estimated Value
Comparable Sales: 19 and 30 Pleasant Avenue (similar level north-facing blocks, recent sales around $3.0M-$3.2M) | Property Price Band: $2.8M-$3.2M | Value Drivers: land size, north-to-rear aspect, R2 redevelopment potential
Bedrooms
3
Bathroom
1
Parking
1
Land
886m²
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