11/123 Old South Head Road, Bondi Junction NSW 2022
11/123 Old South Head Road, Bondi Junction NSW 2022
A two-bed unit in Bondi Junction | strong school catchments | close to transport and beach | likely no parking | classic eastern-suburbs apartment stock
The property is positioned as an entry-level two-bedroom unit within a highly convenient eastern-suburbs location. It sits close to Bondi Junction’s retail, train and bus links, and is within established public school catchments that are considered desirable for families. This type of apartment is best suited to first-home buyers, investors and downsizers who want a compact footprint without sacrificing access to the beach or the city. The unit is understood to be part of an older strata building, which is common in this corridor, and its value is carried more by location and layout than by the quality of the internal finishes.
Value might be influenced by the absence of dedicated parking, which is often a limiting factor in this market. The condition of the building, the floor level and the aspect of the unit may also shape how the property is perceived relative to similar stock. A buyer should weigh the benefit of the location and school catchment against the likelihood that the apartment will need some updating over time. Market demand for this type of unit may be steady given its price point and proximity to major infrastructure.
Detailed Independent Property Report prepared by PropCred Analyst team for 11/123 Old South Head Road, Bondi Junction NSW 2022
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
1
URL has been copied successfully!
Market Insight
Bondi Junction is a premier Eastern Suburbs hub offering a diverse mix of high-density apartments and houses, attracting young professionals, families, and investors. Demand is driven by its strong transport links, vibrant commercial precinct, and appeal to first-home buyers and downsizers seeking low-maintenance strata living. Recent market conditions show diverging trends, with house prices softening while the unit segment demonstrates robust growth, supported by solid rental yields. Long-term growth fundamentals remain underpinned by its established infrastructure and location, though the market exhibits sensitivity to broader economic conditions.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 1/123 Old South Head Road sold for $770,000 as a one-bedder; a house at 127 Old South Head Road transacted at $3,550,000 | Listed Price Band: $800K–$900K | Value Indicator: orientation, condition and parking availability will most affect the eventual result.
Bedrooms
2
Bathroom
1
Parking
-
Land
507m²
URL has been copied successfully!