15/2-26 Wattle Cres, Pyrmont NSW 2009
15/2-26 Wattle Cres, Pyrmont NSW 2009
Resort-style amenity | Wentworth Park light rail | CBD edge location | Mature four-tower complex | Parking available
This unit forms part of a mature, four-tower complex on Pyrmont’s harbour edge. Common facilities include a pool, spa, gym and secure basement parking, raising the property above much of the older inner-city stock. The complex sits directly beside Wentworth Park light rail station, providing rapid access to the CBD and the harbour foreshore. Apartments here tend to be generous in size, with many two-bedroom layouts exceeding 100 square metres, an advantage over typical compact inner-city units. That combination of scale, shared amenity and transport adjacency is best suited to professionals, downsizers and city-focused owner-occupiers who value convenience without sacrificing space.
Value may be influenced by the unit’s exact floor level and aspect, as lower positioning or a view toward the light rail infrastructure could affect outlook and noise. The internal condition and renovation state might also play a material part in pricing, given the building’s age. Buyers should weigh the strength of the complex’s amenity against any potential strata costs and the variable micro-positioning within the towers. These factors could shift the final price by a noticeable margin, so a close inspection of the unit’s orientation and finishes is advised.
Detailed Independent Property Report prepared by PropCred Analyst team for 15/2-26 Wattle Cres, Pyrmont NSW 2009
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Pyrmont sits as an inner-Sydney precinct with a scarce detached housing stock—only 28 house sales in the past year—and a deeper apartment market. Professional tenants and yield-focused investors underpin demand, aided by corporate relocations and a low-rate environment. House prices have softened 6.7% to a median $2.426 million, while units sit at $1.129 million (two-bedroom at $1.3805 million). House gross yields improved to 2.5% but unit yields compressed from 4.6% in 2023 to 4.0% by mid-2025, reflecting rents lagging price growth. Future uplift centres on light rail extensions, mixed-use retail, waterfront promenades, and high-rise supply near Darling Harbour. Key constraint: record spring listings could tilt the market to buyers, while affordability and rate sensitivity remain acute for apartments.
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PropCred Estimated Value
Comparable Sales: 213/2-26 Wattle Cres sold $1,381,000; 94/2-26 Wattle Cres sold $1,065,000 | Property Price Band: $1.1M–$1.2M | Value Drivers: floor level, aspect, internal condition
Bedrooms
2
Bathroom
2
Parking
-
Land
1.43 acres
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