16/68-74 Wentworth Street, Randwick NSW 2031

Prime location in Randwick | strata site with strong capital growth | two secure car spaces | auction clearance rate at 76% This unit sits within a well-maintained 2008 complex where comparable two-bedroom apartments have doubled in value since 2007-2011 purchases, indicating consistent capital appreciation in a tightly held building with 80% owner-occupiers. The dual garage parking is rare for this property type and significantly improves its appeal to owner-occupiers and investors alike. The property is best suited to buyers seeking a low-maintenance home in Randwick’s established residential corridor, with good school catchment access and minimal rental competition—only one current rental listing in the building. The flood overlay flagged in planning records warrants further investigation, as it may affect insurance costs or future redevelopment potential, though the building itself is strata-titled and individual unit risk is limited. The auction date falls within a strong market window given Randwick’s 76% clearance rate and 280 properties sold this year, but the lack of recent building sales means price discovery relies on comparables from early 2024 and late 2025. Buyers should note the unit has not transacted since 2008, so no recent price history exists to anchor expectations.