18/23-29 Willock Avenue, Miranda NSW 2228

18/23-29 Willock Avenue, Miranda NSW 2228
Miranda apartment pocket | Split-level layout likely | Walk to Westfield and station | Strong rental appeal | Parking and light vary by unit This property sits in a well-regarded apartment pocket of Miranda where split-level layouts and generous internal space are the standout features. Units here typically offer balconies, secure parking, and modern finishes, which places them above standard suburb stock. The location is the real draw — a short walk to Westfield and the station makes it highly practical for professionals and couples who want low-maintenance living without sacrificing convenience. The best configuration for most buyers would be a two-bedroom with one secure car space, as this balances affordability with strong demand. Downsizers may also find the layout appealing, provided the unit is on a lower level. Value may be influenced by the floor level and aspect, as higher units with northerly light and views tend to command a noticeable premium. The number of car spaces and the quality of the internal renovation will also shape what buyers are willing to pay. A split-level design might not suit everyone, particularly those with mobility concerns, so the pool of interested buyers could be narrower than for a flat layout. Parking allocation and balcony size are worth confirming early, as these are the features that most often separate similar units in this building cluster.
Detailed Independent Property Report prepared  by PropCred Analyst team for 18/23-29 Willock Avenue, Miranda NSW 2228
Checks found:
Value Risk 2
Liquidity Risk 2
Planning Risk 2
Income Risk
Execution Risk 2
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Market Insight

Miranda, in the Sutherland Shire, is a family-oriented market with 66% owner-occupiers and roughly half apartments, attracting buyers seeking larger homes with gardens. House prices range $1.87m–$1.94m, up 7–8% annually; units are $855k–$940k, with yields of 2.8% and 4.1% respectively. Homes sell in 30–42 days, though transaction volumes are thin (169–482 sales). Long-term capital growth is steady (4.2% CAGR over 20 years), and the market sits below long-term trend entering 2026. Constraints: a $1.95m median house price, affordability pressure, and just 41 listings, limiting supply flexibility.
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PropCred Estimated Value

Comparable Sales: 2-bed unit at $815,888; 3-bed penthouse at $1.252M | Property Price Band: $800K–$1.3M | Value Drivers: floor level, parking count, internal condition

Bedrooms

2

Bathroom

1

Parking

2

Land

2598m²

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