2 Jesmond Avenue, Vaucluse NSW 2030
2 Jesmond Avenue, Vaucluse NSW 2030
4 bed family house | 324m² north-rear site | 4-car parking | quiet cul-de-sac
This house offers a practical family configuration on a compact parcel, with the north-to-rear aspect delivering strong natural light to living spaces—a genuine quality driver in Sydney’s prestige market. The 1980 build, updated with stone kitchen, timber floors, and ducted air, sits younger than much of Vaucluse’s older stock, appealing to buyers wanting modern comfort without a full rebuild. The four-car capacity is unusually generous for the land size, suggesting a garage-focused layout that prioritises parking over expansive footprint. This suits owner-occupiers—likely upsizers or downsizers—who value move-in readiness, school catchments, and coastal amenity over land banking.
The compact 324m² land size may limit future extension potential compared to larger Vaucluse parcels, and the 50% building coverage suggests the structure already occupies much of the site. The 1980 build, while updated, might require ongoing maintenance to systems like roofing or electricals that a newer home would not. Solar panels and water filtration add efficiency but are unlikely to shift price materially. Buyers should weigh the convenience of four parking spaces against the reduced outdoor area, and consider whether the north-rear orientation compensates for the smaller garden typical of this street.
|| Comparable Sales: 10 Jesmond Ave sold Nov 2013 for $1.715M; 2/15–17 Diamond Bay Rd sold as apartment | Property Price Band: $5.8M–$6.2M | Value Drivers: north-rear aspect, 4-car parking, modern finishes, quiet street position
Detailed Independent Property Report prepared by PropCred Analyst team for 2 Jesmond Avenue, Vaucluse NSW 2030
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
2
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Market Insight
Vaucluse remains a tightly held harbourside enclave in Sydney’s Eastern Suburbs, positioned firmly at the premium end of the market. Demand is driven by high-net-worth buyers and families prioritising lifestyle security and access to prestigious schools, with long-term owner-occupier retention limiting stock. House prices reached a median of $9,515,000, up 17.1% over the past year; units recorded $1,565,000–$1,608,000 with softer growth of 0.5–5.2%. Houses spent a median 41 days on market, and 116 sales occurred in the past 12 months. Limited supply and the prime harbourside location underpin future growth, but premium pricing well above Sydney averages and interest-rate sensitivity are key constraints.
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PropCred Estimated Value
Comparable Sales: 10 Jesmond Ave sold Nov 2013 for $1.715M; 2/15–17 Diamond Bay Rd sold as apartment | Property Price Band: $5.8M–$6.2M | Value Drivers: north-rear aspect, 4-car parking, modern finishes, quiet street position
Bedrooms
4
Bathroom
3
Parking
2
Land
324m²
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