7 Wadsley Cres, Connells Point NSW 2221
7 Wadsley Cres, Connells Point NSW 2221
Street-to-waterfront house | 1,500m²+ block | 8 bed, 12 bath | Water views from most rooms | Shared pontoon access
A street-to-waterfront holding of this size is rarely seen in Connells Point. The 1,505–1,577m² block with a shared pontoon and jetty is positioned at the top end of the local market, where most stock is significantly smaller. The current configuration with eight bedrooms and twelve bathrooms is considered unusually large, suggesting a prestige family residence or a redevelopment opportunity. A quiet cul-de-sac setting with water views from most indoor and outdoor areas is provided, making this house most suitable for established families seeking a long-term waterfront lifestyle.
The discrepancy between the 8/12/12 configuration and an alternative profile showing 4/4/6 may need to be clarified during due diligence, as it could affect how the property is perceived by lenders or future buyers. The gently sloping block and potential to renovate or redevelop may support a premium, but the high capital outlay and low income yield might limit buyer demand. Waterfront land of this size is generally expected to hold value strongly, though any structural or zoning considerations would need to be assessed.
Detailed Independent Property Report prepared by PropCred Analyst team for 7 Wadsley Cres, Connells Point NSW 2221
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
Connells Point, a Georges River suburb, is tightly held: median house prices are around $2.65m, falling 1.1% to 24% annually depending on source, while units rose 4.3% to $1.24m. Demand is driven by older outright owners and professional/managerial families. Low turnover (34–36 sales/year) and a 0.29% vacancy rate support prices, but 45 days on market shows rate sensitivity. House yields are thin at 2.24% (units 3.71%), limiting investor demand. Future growth relies on scarce supply and owner-occupier depth, but high entry prices, slow sales velocity, and lack of major transport catalysts are constraints.
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PropCred Estimated Value
Comparable Sales: 7/12 Homedale Crescent sold for $1.283M | Property Price Band: $6.1M–$6.2M | Value Drivers: Land size, waterfront access, redevelopment potential
Bedrooms
4
Bathroom
4
Parking
4
Land
1592m²
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