1106C/12 Nancarrow Avenue, Ryde NSW 2112
1106C/12 Nancarrow Avenue, Ryde NSW 2112
High-floor corner unit | 124 m² with river outlook | Premium two-bedroom format | Strong transport and waterside demand
This unit sits at the premium end of its complex, with the level 11 position and larger-than-typical floor plan setting it apart from standard two-bedroom stock in Ryde. The 124 m² configuration, dual bathrooms, and secure parking appeal directly to owner-occupiers and downsizers who want space without land maintenance. The building’s reputation for waterfront living, combined with proximity to Meadowbank station and ferry wharf, makes it a practical choice for professionals seeking a commutable waterside lifestyle. Its size and aspect give it a competitive edge over smaller, lower-floor apartments in the same precinct, and the finishes—stone benchtops, ducted air-conditioning, and quality bathroom detailing—support a premium positioning.
Value may be shaped by how the apartment’s specific orientation compares to the best river-view units in the building, as outlook can shift buyer perception significantly. The absence of confirmed direct water views from this particular unit could temper its premium versus corner or higher-floor counterparts. Market conditions and the mix of investor and owner-occupier demand in the complex may also influence final pricing, particularly if comparable sales in the building have varied widely. Buyers should weigh the practical benefits of size and level against the less certain view factor when forming a price view.
|| Comparable Sales: 1006C sold $864,000 (Mar 2022); 1106C sold $865,000 (Feb 2021) | Property Price Band: $850K–$950K | Value Drivers: Floor level, internal size, and river outlook quality
Detailed Independent Property Report prepared by PropCred Analyst team for 1106C/12 Nancarrow Avenue, Ryde NSW 2112
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Ryde sits in Sydney’s mid-to-upper price tier, with house medians ranging from $2.45 million to $2.72 million and units steady near $725,000. Demand is underpinned by proximity to transport, major roads and ongoing infrastructure upgrades, supported by robust sales activity—some sources record 315 house sales in the past year. House rents rose 10.5%, reflecting strong tenant demand, though gross yields remain thin at roughly 2.1–2.5%. Units offer a higher return near 5%, but prices are flat. House price growth varies from 2.1% to 3.52% on most data, with one source citing 9.2%. Median days on market for houses sit between 38 and 44, suggesting balanced conditions. Future growth relies on connectivity improvements and rental strength, while affordability at a $2.72 million median and uneven sales volumes across sources remain key constraints.
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PropCred Estimated Value
Comparable Sales: 1006C sold $864,000 (Mar 2022); 1106C sold $865,000 (Feb 2021) | Property Price Band: $850K–$950K | Value Drivers: Floor level, internal size, and river outlook quality
Bedrooms
2
Bathroom
2
Parking
1
Land
124m²
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