12/72 Wrights Road, Drummoyne NSW 2047

12/72 Wrights Road, Drummoyne NSW 2047
3 bed waterfront apartment | private jetty access | boutique block of 13 | owner-occupied tenure over 10 years This property offers a rare combination of direct water access and a small, tightly held building where the average owner tenure exceeds a decade, signalling limited turnover and strong resident satisfaction. The jetty access and resort pool are uncommon features in a three-bedroom apartment, giving it a lifestyle and scarcity premium over standard waterfront stock. It suits a buyer seeking a low-maintenance, high-amenity home or a stable long-term hold in a blue-chip suburb with strong school catchments. The primary risk is the inconsistent listing status and rental estimate variance, which may indicate delayed marketing or a withdrawn sale, potentially reducing immediate liquidity. The lack of recent sales in the building means price discovery depends on broader comparables, not direct evidence. Buyers should verify strata records for upcoming levies or sinking fund adequacy, given the pool and jetty maintenance costs. This property is best held as a primary residence that benefits from long-term capital growth in a supply-constrained waterfront pocket.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 12/72 Wrights Road, Drummoyne NSW 2047
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Market Insight:

Drummoyne is a high-demand, affluent inner-west suburb positioned for long-term growth. Demand is driven by professionals drawn to its CBD proximity and families attracted by its reputable schools, with a significant strata market appealing to first-home buyers and investors. Recent price growth has been strong across both houses and units, with houses transacting relatively quickly, indicating sustained buyer competition. Future growth is underpinned by its established appeal and location, though high entry prices present a key constraint on affordability for many buyers.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

1715mยฒ

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