167/2-26 Wattle Cres, Pyrmont NSW 2009

Easterly aspect | Level 11 park views | 115sqm internal | Low strata | Tight Pyrmont supply This unit’s competitive edge lies in its size and layout: 115sqm of internal space on a single level, with an easterly aspect that captures morning light and park views from the 11th floor. In a market where new stock is typically smaller and higher-density, this floor plan,two queen bedrooms, a separate sunroom, and a balcony accessible from both bedrooms,offers genuine liveability for owner-occupiers or downsizers seeking space without a house. The low strata levies and building amenities (pool, sauna, gym) improve holding cost efficiency. It suits buyers who prioritise internal square metres and a quiet, light-filled position over a premium address, and who are comfortable with Pyrmont’s current 36% auction clearance rate. The primary risk is market timing: Pyrmont has seen 117 sales this year but a low clearance rate, suggesting buyer caution and potential price negotiation. The last sale was 16 years ago at $627,500, so the current price range reflects significant capital growth but also a thinner buyer pool. The building’s 45% renter share may affect owner-occupier appeal. The opportunity is to negotiate below the mid-point estimate, given the market softness and the unit’s age. Hold for medium-term capital growth as the Pyrmont Metro improves connectivity, and use the sunroom as a home office to maximise utility.