2 Hume Avenue, St Ives NSW 2075

Corner block with dual street frontage | brand-new THP Construction build | St Ives High School catchment | pool, spa, solar, and privacy hedging The property’s primary advantage is its corner positioning on a level 929 m² lot, which delivers dual street frontage, full hedging for privacy, and a covered alfresco layout that is rare in St Ives prestige stock. The brand-new build by THP Construction with Fyffe Design, including five bedrooms, a pool, spa, and solar, effectively resets the local benchmark for a turnkey family house. It serves buyers who prioritise school catchments,St Ives Park and St Ives High,and want no environmental overlays or future compliance risk. The 35% site coverage and 7 m roof height suggest further vertical or rear potential if zoning permits, though that is secondary to the immediate occupancy value. The key risk is the valuation gap: the $2.76 million purchase in February 2024 versus current estimates above $5.6 million implies the renovation cost was substantial, and a buyer may pay a premium for the builder’s margin. The Domain estimate of $3.07 million is clearly outdated and should be ignored, but the property.com.au range of $5.28–$6.01 million is the relevant benchmark. Rental yield at 2.4–3% is low for an investor, but for an owner-occupier the trade-off is a fully finished, low-maintenance house with no heritage or bushfire constraints. The opportunity lies in the fact that comparable new builds on corner blocks in this catchment rarely come to market, so the buyer gains scarcity. Hold as a long-term family home; the dual street frontage and school zone underpin resale demand even if the market softens.