1/115B Victoria Street, Potts Point NSW 2011
1/115B Victoria Street, Potts Point NSW 2011
Boutique townhouse-style complex | tightly held with low turnover | split-level layout with city views | owner-occupied majority | high elevation and natural light
This property occupies a rare position within the Potts Point market. The “Victoria Point” complex, with only four townhouse-style residences and an owner-occupier majority of 80%, signals low turnover and high desirability among those who know the building. The split-level layout with polished timber floors, plantation shutters, and built-in wardrobes offers genuine indoor-outdoor flow and natural light, uncommon in this precinct. The inclusion of an internal laundry, secure garage, and large lock-up storage addresses practical needs that many apartments neglect. The high-elevation city skyline view adds a layer of exclusivity that supports long-term value retention. This property best suits a professional couple or downsizer seeking a quiet, secure home with immediate amenity access and minimal compromise.
The primary risk here is the lack of recent comparable sales within the complex, making valuation less certain. The 2011 last sale date provides no current price anchor. The local auction clearance rate of 51% suggests a cautious buyer pool, meaning marketing duration could extend beyond the scheduled auction. However, the tight holding pattern within the building works in a buyer’s favour—resale competition will remain limited. The property’s proximity to Plunkett Street Public School and Inner Sydney High School adds demographic stability. Buyers should secure a building inspection early given the age of the complex and confirm strata levies. Hold this property as a medium-to-long-term residence; its scarcity within the complex and location will underpin steady capital growth.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/115B Victoria Street, Potts Point NSW 2011
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Potts Point is a high-connectivity inner-city suburb with a market defined by a clear divergence between houses and units. Demand is driven by investors and younger professionals, attracted by the vibrant location and high renter population, which sustains strong apartment turnover. While the unit market has demonstrated robust growth, the premium house segment has experienced significant price adjustments, reflecting sensitivity and constrained affordability. Future appeal remains anchored in its unparalleled proximity to the CBD, though limited house supply and high price points present ongoing market constraints.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
3351m²
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