11/47-51 Claremont Street, Campsie NSW 2194

Top-floor boutique block | 115sqm internal | strong owner-occupier building | sold off-market in 6 days This unit’s competitive strength lies in its rare combination of top-floor positioning, generous 115sqm internal area, and a building where 70% of residents are owners and 42% are long-term. For a buyer seeking a genuine home rather than an investment placeholder, this configuration offers a level of space, light, and neighbour stability seldom found in Campsie’s two-bedroom stock. The renovated kitchen with wine fridge, covered balcony, and separate internal laundry make it immediately liveable, while the 6-day sale period signals that informed buyers recognised its scarcity. It best suits an owner-occupier who values a quiet, established block with low turnover and a leafy outlook, and who is prepared to act decisively in a market where similar units average 27 days. The primary risk is the strata quarterly outgoings of $898, which are above average for a two-bedroom unit and will compress net yield for any investor. The 30% rental proportion in the building is moderate, but a buyer should confirm the strata report for any upcoming special levies or defect issues, particularly given the block’s age. The NBN Hybrid Fibre Coaxial connection is adequate but not a prime value driver. The opportunity lies in the property’s off-market sale history: if purchased at $910,000, the buyer has already secured a unit that was estimated at $799,000, suggesting immediate equity. Hold as a long-term owner-occupied home or, if renting, target the upper end of the $590–$680 weekly range to offset the higher strata.