9/30A Lavender Street, Lavender Bay NSW 2060
9/30A Lavender Street, Lavender Bay NSW 2060
2-bed Art Deco renovation | harbour & bridge outlook | lift + security | no parking | heritage overlay
This property holds a rare combination of period character and modern renovation within a tightly held harbourside pocket. The harbour and bridge outlook, paired with a leafy backdrop, places it above typical low-rise unit stock in Lavender Bay. Its second-floor position with lift access adds convenience while retaining the original Art Deco shell, timber joinery, and classic details. That mix appeals most to downsizers and professional owner-occupiers who prioritise outlook, walkability to rail and ferry, and a secure low-maintenance home. The lack of dedicated parking is offset by the central position, making the unit better suited to households that do not rely on a car daily.
The heritage overlay may limit future alterations to the property shell, while the internal renovation already delivers a modern finish. Buyers should weigh the absence of car space against the convenience of the location, and note that the shared backyard and storage room add practical space without private outdoor area. The property’s value might also be supported by the building’s limited turnover and the enduring appeal of harbour views. However, the smaller unit mix within the block suggests that price appreciation will be driven more by location and outlook than by land content.
Detailed Independent Property Report prepared by PropCred Analyst team for 9/30A Lavender Street, Lavender Bay NSW 2060
Checks found:
Value Risk
!
1
Liquidity Risk
✓
Planning Risk
!
1
Income Risk
!
1
Execution Risk
✕
2
Market Insight
Lavender Bay is a tightly held, prestige enclave where demand is driven by high-income professionals and managers aged 30 to 39, drawn to its harbour views and lifestyle. House prices have shown divergence, but the broader trend reflects a premium market adjusting from elevated levels. Rental demand from professionals remains supportive, though yields are constrained by high entry costs. Future growth is underpinned by limited housing supply and strong catchment demand, anchored by top-tier public and private schools. Key risks include acute affordability barriers and a low sales volume that signals supply constraints, while a high proportion of mortgage holders leaves the market sensitive to rate shifts.
PropCred Estimated Value
Comparable Sales: Unit 3 sold for $1.16M; Unit 4 sold for $1.24M | Property Price Band: $1.1M–$1.3M | Value Drivers: renovated interior, harbour outlook, heritage character
Bedrooms
2
Bathroom
2
Parking
-
Land
766m²
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