10 Kendall Street, Pymble NSW 2073

10 Kendall Street, Pymble NSW 2073
Full brick Pymble house | 967sqm block near school | sold $2.97M in 2021 | renovation upside in strong owner-occupier street This property offers a rare combination of a full brick structure on a 967sqm block in a street with 70% owner-occupiers and an 85% long-term resident profile, which signals stable demand and limited turnover. The oversized bedrooms, granite kitchen, and stone-paved alfresco area make it immediately livable, while the block size and council approval potential for a granny flat or rebuild give a buyer positional leverage in a family-oriented suburb with a 66% auction clearance rate. It suits a buyer seeking a move-in home with future value-add optionality, particularly those targeting the nearby Gordon West Public School catchment. The primary risk is the 2021 purchase price of $2.97M, which may indicate the property was overvalued at the peak; the current asking range of $2.5M to $2.75M suggests a correction but still requires careful comparables analysis to avoid overpaying in a cooling market. The floor area of 156sqm is modest for a four-bedroom house, and the alternative price guide of $1.28M is likely erroneous and should be disregarded. For a buyer, the opportunity lies in negotiating below the mid-range estimate, then holding for medium-term capital growth while using the property as is or pursuing a granny flat development to improve yield. Hold for five years and renovate selectively.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 10 Kendall Street, Pymble NSW 2073
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Market Insight:

Pymble is a premier Upper North Shore suburb, characterised by its leafy environment and excellent schools, which are fundamental to its enduring appeal. Demand is driven by high-income professionals seeking a premium residential environment, supported by strong educational outcomes. Recent market conditions show a slight softening in house prices, though the market is considered balanced and at fair value. Future growth is underpinned by its established desirability, while the primary constraint remains the high entry price point.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

967mยฒ

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