1 Vicars Avenue, North Bondi NSW 2026

North Bondi house | 6 beds on 209m² | flood overlay | quiet family enclave | near top public schools This property presents a rare, high-capacity house in a tightly held North Bondi enclave, directly fronting a reserve. Its six-bedroom configuration is atypical for the suburb and stems from a prior combined sale of two residences, offering a scale of accommodation that is competitively strong for a large or multi-generational family. The location within catchment for sought-after public schools anchors its demand profile. It serves a buyer seeking a permanent, low-turnover family home in a peaceful yet central position. The primary decision hinges on reconciling its 2015 sale price with current valuations, acknowledging the medium confidence estimate. The flood overlay introduces a definable risk mechanism for insurance and future capital growth, while the compact land size against the dwelling size limits expansion. Its current off-market status presents a tactical opportunity for a direct acquisition, avoiding auction competition. Hold as a long-term primary residence to capitalise on its rarity and location; the rental yield is insufficient to recommend it as a standalone investment. Recent comparable sales are limited, but a key transaction provides context: – 1 & 3 Vicars Avenue sold together for $3,430,000 in September 2015, described as two period residences. This historical bundle sale established the physical configuration of the subject property. The absence of recent, direct sales on the street underscores the low turnover and tightly held nature of this pocket, which typically supports price resilience.