1305/21 Cadigal Avenue, Pyrmont NSW 2009
1305/21 Cadigal Avenue, Pyrmont NSW 2009
2-bed corner apartment on 13th floor | McCafferys Tower, Jacksons Landing | Blackwattle Bay and Anzac Bridge outlooks | resort-style security amenity | premium Pyrmont pocket
This apartment holds a genuinely competitive position in Pyrmont because it combines three things that rarely align in this suburb: a high floor, a corner aspect, and a direct outlook over water and bridge. That combination gives it a sense of openness and light that most units in the estate simply cannot offer. It sits within McCafferys Tower, one of the better positioned buildings in Jacksons Landing, and the estate itself is a mature, secure harbourside precinct with parkland, a quiet cul-de-sac feel, and easy walking access to light rail and the CBD fringe. This property is best suited to owner-occupiers, particularly downsizers or professional couples who want the practical convenience of apartment living without giving up a premium view and a strong sense of place. For an investor, the appeal is more about scarcity of product and steady prestige demand than high rental yield.
Value may be influenced by the level of strata levies attached to a full-service tower, and any future changes to building facade or common property could add to those costs. The site carries flood and heritage overlays, which might limit the scope of any future alterations but are unlikely to affect day-to-day living. Market conditions in the premium apartment segment can also shape how long this property takes to sell, and the strength of the view premium will depend on whether any future development could interrupt the current outlook. Condition and presentation remain the most direct levers on price, so a well-maintained interior with good finishes should hold its position against comparable stock.
Detailed Independent Property Report prepared by PropCred Analyst team for 1305/21 Cadigal Avenue, Pyrmont NSW 2009
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Pyrmont is a well-established, high-amenity inner-city suburb undergoing significant renewal, attracting professionals and yield-focused investors. Demand is driven by corporate relocations to the precinct and new high-rise developments, supporting apartment growth while freestanding houses remain scarce. Recent price trends show a softening in the housing market, with unit yields compressing as prices have outpaced rents. Future growth is underpinned by major infrastructure like light rail extensions and waterfront revitalisation, though the market faces risks from increasing supply and potential shifts in buyer sentiment.
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PropCred Estimated Value
Comparable Sales: 1306/21 Cadigal Avenue sold $2.2M Jun 2024, 1303/21 Cadigal Avenue sold $2.206M Jun 2019 | Property Price Band: $2.1M–$2.3M | Value Drivers: corner position, high floor outlook, building amenity and condition
Bedrooms
2
Bathroom
2
Parking
1
Land
2560m²
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