2/47 Waitara Avenue, Waitara NSW 2077
2/47 Waitara Avenue, Waitara NSW 2077
2/47 Waitara Avenue is a 118m² ground-floor unit with two bedrooms, two bathrooms, one car space, balcony, air conditioning, built-in robes, and dishwasher. It sits within a full-brick complex on a 4,366m² lot in the Waitara Public School and Asquith Boys High School catchments.
This unit is competitively positioned as a larger-than-average two-bedroom offering in a well-regarded brick complex with pool access. Its ground-floor entry and low-maintenance layout make it particularly suitable for downsizers or investors targeting steady rental demand, given the proximity to Waitara station, local shops, and schools. The internal size and refreshed finishes provide a clear edge over typical stock in this price tier, and the full-brick construction supports long-term durability. The property serves best buyers seeking a solid, liveable home or a reliable rental in a family-oriented suburb with good transport links.
Flood management overlay on the lot may affect future development applications or insurance costs, though it does not directly impact the existing unit. The ground-floor position might reduce privacy and natural light compared to upper levels, and the price range sits slightly below recent comparable sales, possibly reflecting these factors. Buyers should verify council requirements around the flood overlay and consider how the unit’s aspect and noise exposure align with their preferences when forming a view on value.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/47 Waitara Avenue, Waitara NSW 2077
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
1
Execution Risk
1
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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
2
Bathroom
2
Parking
1
Land
1.08 acres
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