2/17 Wyagdon Street, Neutral Bay NSW 2089

2/17 Wyagdon Street, Neutral Bay NSW 2089
Harbour views from a townhouse | rare rooftop terrace | Neutral Bay cul-de-sac | split-level layout with private entry This property offers a genuinely rare configuration for Neutral Bay: a townhouse with direct harbour and bridge views, a large private rooftop terrace, and a dedicated entry. The split-level interior and open-plan living opening to a balcony create strong indoor-outdoor flow that is uncommon in this price bracket. It serves best a buyer seeking a lock-up-and-leave home with premium outlooks and walk-to-village convenience, without the density of an apartment block. The oversized main bedroom with harbour aspect and the granite kitchen with quality appliances reinforce the quality position. The single bathroom is a constraint for some buyers and may limit future resale appeal to couples or singles rather than families. The heritage overlay restricts renovation options, and strata fees near $1,900 per quarter are notable for a two-bedroom home. However, the 230 sqm on title and private rooftop terrace provide scope for value-add through styling or minor upgrades, and the cul-de-sac location buffers traffic noise while maintaining proximity to transport and Neutral Bay Village. The property competes in a premium bracket where view quality and terrace utility will determine final buyer interest.
Detailed Independent Property Report prepared  by PropCred Analyst team for 2/17 Wyagdon Street, Neutral Bay NSW 2089
Checks found:
Value Risk ✕ 2
Liquidity Risk ✕ 2
Planning Risk ✕ 2
Income Risk ✕ 2
Execution Risk ✕ 2
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Market Insight

Neutral Bay is a well-established, high-value suburb where house prices have demonstrated sustained long-term capital growth, contrasting with a recent softening in the unit market. Demand is driven by local professionals and sustained investor interest, bolstered by significant infrastructure projects enhancing connectivity. Current market conditions are characterised by a pronounced supply shortage, creating competitive pressure that sees houses selling above expectations. Future growth is underpinned by these infrastructure upgrades and anticipated international buyer activity, though the primary constraint remains the acute imbalance between available listings and buyer demand.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

230m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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