173A Terry Street, Connells Point NSW 2221
173A Terry Street, Connells Point NSW 2221
Five bedrooms | five bathrooms | 818sqm land | Terry Street Connells Point | 85% owner-occupied street
This property presents a rare configuration advantage in a tightly held street. Five bedrooms with five bathrooms, on 818sqm, positions it as a premium family holding in a suburb where 85% of Terry Street residents are owner-occupiers and 55% have lived there over a decade. The internal area of 388sqm offers genuine space for multigenerational living or a home office setup, and the proximity to Connells Point Public School within 500 metres strengthens its appeal for families seeking long-term stability. For a buyer prioritising land content and a low-turnover neighbourhood, this house offers a competitive entry into a street that rarely sees stock turnover.
The principal risk is pricing relative to recent comparable sales. The asking figure sits well above the median for five-bedroom houses in Connells Point, and the 33% auction clearance rate suggests a market that is not absorbing premium listings quickly. However, the low days on marketโjust oneโindicates the vendor may be testing rather than fixed. A buyer prepared to negotiate firmly could secure a property in a street where 91% of households are owner-occupied, limiting future supply and supporting long-term value retention. The rental yield on a comparable property is modest at 2.77%, so this is best suited to an owner-occupier rather than an investor.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 173A Terry Street, Connells Point NSW 2221
Market Insight:
Connells Point is an established, high-value suburb dominated by mature, affluent families and professionals, with a significant portion owning their homes outright. Demand is driven by this demographic seeking family-oriented living, supported by a tight rental market with extremely low vacancy. Recent price trends for houses have softened, reflecting broader affordability constraints, while the unit segment has shown relative resilience. Future growth is underpinned by sustained demand from this stable demographic, though the high price point and limited sales volume present inherent market sensitivity and supply constraints.