2/31 Bay Road Waverton NSW 2060
2/31 Bay Road Waverton NSW 2060
Elevated ground-floor 2-bed apartment |North-west aspect leafy views |Village proximity school catchment |Est value $1.16m rental $855pw | 2/31 Bay Road suits downsizers or professionals seeking low-maintenance living near Waverton amenities. This elevated ground-floor position in a low-rise strata building delivers practical space with open-plan living, a light-filled balcony and garden outlooks that extend everyday usability beyond the footprint. North-west orientation ensures consistent natural light across living areas and bedrooms, enhancing comfort without high energy costs. Within its street it stands out for generous proportions and recent updates like the modern kitchen and bathroom, rare in older low-rise stock. Buyers drawn here typically include first-home couples or investors eyeing steady rental yields around $855 weekly in a tight village market. Comparable 2-bedroom apartments in Waverton have traded briskly, with recent sales underscoring demand for secure parking and storage in this configuration. The property’s foothold in the North Sydney Demonstration School catchment bolsters family crossover appeal, even for child-free buyers valuing education precinct stability. Low-maintenance shared grounds and proximity to rail, park and cafes support long-term holding, as strata fees remain reasonable amid rising land values. Overall its blend of privacy, light and location cements enduring position in a suburb where such packages rarely linger.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/31 Bay Road Waverton NSW 2060
Checks found:
Value Risk
!
1
Liquidity Risk
✕
2
Planning Risk
✓
Income Risk
✓
Execution Risk
✕
2
Insight: 2/31 Bay Road Waverton NSW 2060
Waverton is a tightly held Lower North Shore suburb offering harbour proximity and direct CBD access. It attracts high-income professionals and downsizers seeking lifestyle and convenience. Demand is driven by scarcity, transport and proximity to employment. Limited supply reinforces strong pricing. Price growth is consistent and defensive. It sits firmly in the blue-chip category.