17/4 Alexandra Drive, Camperdown NSW 2050
17/4 Alexandra Drive, Camperdown NSW 2050
2-bed + 2-bath + car space | 107m² is generous for Camperdown | Resort-style complex with pools and gyms | Strong rental demand near hospital and university | Strata living with shared facilities
This unit holds a clear competitive edge in Camperdown because its 107m² footprint is well above the typical 2-bedroom apartment in the suburb, where many units sit closer to 70–90m². That extra space translates into more livable rooms, better storage, and a feel closer to a small townhouse than a standard flat. The complex itself is a standout—multiple pools, two gyms, secure parking, and lift access are not common across the suburb’s stock, and they appeal strongly to professionals, downsizers, and investors who want low-maintenance living without sacrificing amenity. The location reinforces this: walking distance to Sydney University, RPA Hospital, and the cafés of Glebe and Newtown makes it a practical choice for owner-occupiers and a reliable rental proposition. The estimated rent of $1,000 per week against the property’s size and finish level suggests it sits in the upper tier of the local market, and the buyer it serves best is someone who values space, security, and lifestyle over land ownership.
The value of this unit may be shaped by a few factors that are not yet fully confirmed. The exact floor level and aspect are unknown, and these can materially affect light, outlook, and privacy—north-facing or elevated units in the same complex tend to command a premium, while ground-floor positions may trade at a discount. The 2022 sale price is not disclosed, so the current asking level cannot be benchmarked against recent history. The condition of the internal finishes also matters; if the kitchen and bathrooms are original, they may need updating, which could justify a lower entry price, whereas a refreshed unit would support a higher figure. The strata levies for a complex with pools and gyms are likely to be higher than average, so the buyer should factor ongoing costs into the total holding expense. These points are worth clarifying before forming a firm view on price.
|| Comparable Sales: 101/4 Alexandra Drive sold $905,000 (1-bed, 70m²); 4102/6 Alexandra Drive sold $450,000 in 2019 (1-bed) | Property Price Band: $1.3M–$1.4M | Value Drivers: larger-than-average floor plan, complex amenity level, proximity to employment and education hubs
Detailed Independent Property Report prepared by PropCred Analyst team for 17/4 Alexandra Drive, Camperdown NSW 2050
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Camperdown is a tightly held academic and medical hub, positioned as a premium inner-city suburb. Demand is driven by young professionals, university staff, and hospital workers seeking urban proximity, supported by a high rental population. House prices show robust recent growth, while the unit market is more varied, with a steady turnover of apartments. Future growth is anchored by major institutional employment and urban infill, though high entry prices and low house supply present constraints, with investment yields sensitive to economic shifts.
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PropCred Estimated Value
Comparable Sales: 101/4 Alexandra Drive sold $905,000 (1-bed, 70m²); 4102/6 Alexandra Drive sold $450,000 in 2019 (1-bed) | Property Price Band: $1.3M–$1.4M | Value Drivers: larger-than-average floor plan, complex amenity level, proximity to employment and education hubs
Bedrooms
2
Bathroom
2
Parking
1
Land
1.13 acres
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