1707/41-45 Waitara Avenue, Waitara NSW 2077
1707/41-45 Waitara Avenue, Waitara NSW 2077
Corner sub-penthouse | wrap-around balcony | leafy park aspect | pool & parking included
This unit presents a competitively strong offering within its suburb, primarily due to its sub-penthouse positioning and corner layout, which deliver superior light, privacy, and outdoor space-features uncommon in one-bedroom apartments. The combination of a basement car space, complex amenities like a pool, and proximity to Waitara station creates a low-maintenance package ideally suited for an owner-occupier seeking convenience or an investor targeting the professional rental market. Its recent updates and lack of overlays further streamline its appeal.
The decision hinges on strata costs and building age, which are the primary risk mechanisms for ongoing affordability and capital growth. The opportunity lies in securing a well-appointed unit in a established complex with strong rental fundamentals. Given the configuration and location, this property is best held as a long-term investment, with its rental yield supporting the holding position while benefiting from the area’s infrastructure.
Recent comparable sales in Waitara and nearby suburbs indicate a active market for one-bedroom units with parking. For instance, recent transactions in the same building and comparable complexes like 105/6-10 Romsey St and 40/40-42A Park Ave provide a direct benchmark. This activity supports the valuation estimate for this property, confirming its price point is grounded in observable market evidence rather than aspiration.
Detailed Independent Property Report prepared by PropCred Analyst team for 1707/41-45 Waitara Avenue, Waitara NSW 2077
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Waitara is a well-established Upper North Shore suburb, highly sought after by young professional families drawn to its excellent school catchments and direct rail link to the CBD. This demographic is the primary demand driver, creating a stable market for family homes. While the house market has experienced recent price softening, the unit segment shows resilience with positive growth. Future demand is underpinned by strong population growth, though high entry prices and sensitivity to interest rates present notable constraints on affordability and supply.
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PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
1
Land
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