2 Campbell Street, Waverley NSW 2024
2 Campbell Street, Waverley NSW 2024
4-bed house on 341 m² | Rare full-house footprint in Waverley | Family-oriented street mix | Low-yield, high-value suburb | Owner-occupier demand
This house offers a genuinely uncommon configuration for Waverley: a four-bedroom detached home on a mid-sized lot, which positions it well against the suburb’s mix of older three-bedroom houses and apartment stock. The land size provides practical outdoor space and future flexibility, while the bedroom count appeals directly to families who might otherwise look toward Bondi Junction or Randwick for similar floorplans. It sits in an established, leafy residential corridor where detached housing is increasingly scarce, and the street’s blend of period homes and newer strata units confirms a stable, family-led neighbourhood character. The property is best suited to owner-occupiers seeking a long-term home in a high-demand eastern suburbs pocket, rather than investors chasing rental yield.
The value picture may be shaped by the house’s condition and internal layout, which are not yet confirmed, and by how it compares to the street’s recent detached sales in both size and presentation. The low rental yield typical of this area suggests the price will be driven by owner-occupier willingness to pay for location and land, rather than income return. Buyers should weigh potential renovation costs against the strong land component, and consider that the mixed housing stock on the street may moderate price growth compared to purely house-only enclaves. The absence of known flood or bushfire constraints on nearby properties is a positive, but a formal land report remains advisable.
Detailed Independent Property Report prepared by PropCred Analyst team for 2 Campbell Street, Waverley NSW 2024
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Waverley is a premium coastal suburb, positioned by its proximity to Bondi Beach and strong transport links. Demand is driven by affluent young professionals, reflected in high household incomes and a concentration of skilled workers. The housing market demonstrates resilient capital growth, while the unit segment has experienced recent price adjustments. Future prospects are supported by high rental yields for apartments, yet constrained by limited affordability and a slight population decline impacting supply dynamics.
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PropCred Estimated Value
Comparable Sales: 41 Campbell Street sold May 2026 for $5.1M–$5.2M; 2/35–37 Campbell Street sold 2018 for $1.075M | Property Price Band: $4.9M–$5.0M | Value Drivers: land size, four-bedroom configuration, street location
Bedrooms
4
Bathroom
2
Parking
1
Land
341m²
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