20/337 New South Head Road, Double Bay NSW 2028
20/337 New South Head Road, Double Bay NSW 2028
3 bed, 2 bath, 2 car apartment | 218 m² in a boutique 2017 building | Heritage-listed rainforest gardens | Private driveway with lift access | North-facing floor-to-ceiling glass
This is an uncommon configuration for Double Bay, where most apartment stock is older, smaller, and short on parking. At 218 m² with three bedrooms and two secure car spaces, this property competes directly with premium terrace and small-house options, but without the land maintenance or strata fatigue typical of older blocks. The building’s 2017 construction, combined with the heritage garden setting, gives it a dual advantage: modern internal efficiency and a mature, established environment that newer developments cannot replicate. The layout separates living and sleeping zones, which suits downsizers moving from a family home, as well as professional couples who want space, security, and a true village address within walking distance of shops, cafés, and transport options.
The value story here rests on scarcity and finish. Only four apartments per floor, video intercom, and oversized double garaging with storage are features that hold resale strength in this precinct. The northern aspect and floor-to-ceiling glass will likely make the living areas feel larger than the already generous floor plan suggests. The building’s 2017 build year means the property may still carry warranty protections, and the interior finishes—light oak floors, marble kitchen surfaces, Siemens appliances, underfloor heating—are consistent with a premium product that has not yet aged. The heritage and flood overlays on the broader site may limit external alterations, but for an owner-occupier this is unlikely to be a practical constraint.
|| Comparable Sales: 4/337 New South Head Road sold as a 3 bed, 2.5 bath, 2 car apartment in the same building; 10/337 sold as a 2 bed, 2 bath, 2 car apartment with high-end finishes | Property Price Band: $3.8M–$3.9M | Value Drivers: Rare 218 m² floor plan, double car spaces with storage, modern 2017 build in a heritage garden setting.
Detailed Independent Property Report prepared by PropCred Analyst team for 20/337 New South Head Road, Double Bay NSW 2028
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
Double Bay is a premier harbourside suburb, positioned as a prestige destination for affluent professionals, downsizers, and families. Demand is driven by its premium location and the appeal of low-maintenance apartment living, which constitutes a significant portion of its housing stock. Recent market data shows varied price performance, indicating a nuanced and segmented market. Long-term growth is underpinned by its historical capital appreciation and enduring desirability, though the premium price point and market segmentation present inherent constraints.
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PropCred Estimated Value
Comparable Sales: 4/337 New South Head Road sold as a 3 bed, 2.5 bath, 2 car apartment in the same building; 10/337 sold as a 2 bed, 2 bath, 2 car apartment with high-end finishes | Property Price Band: $3.8M–$3.9M | Value Drivers: Rare 218 m² floor plan, double car spaces with storage, modern 2017 build in a heritage garden setting.
Bedrooms
3
Bathroom
2
Parking
2
Land
1.87 acres
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