2201/177 Mona Vale Road St Ives NSW 2075
2201/177 Mona Vale Road St Ives NSW 2075
High-floor unit in 47-block complex | 149mΒ² internal space | 3 bed, 2 bath, 2 parking | St Ives Public & High catchments
This unit presents a competitively large internal floor plan for a St Ives apartment, directly aligning with family needs through its three-bedroom configuration and dual parking. Its position within a high-floor plan and inclusion in sought-after public school catchments strengthens its appeal to owner-occupiers seeking space and amenity over land. The property serves buyers targeting a lower entry point into the suburb with minimal upkeep, contrasting with the dominant house stock.
The primary decision rests on valuing internal space against strata constraints and building concentration risk, where future capital growth may be tempered by the supply of similar units. Proceed only if the auction price reflects a material discount to nearby house values, positioning it as a long-term hold. A Propcred report would pressure-test this valuation against recent building sales and detail strata health, catchment stability, and associated holding costs.
Recent nearby listings and sales indicate a varied market:
– 102/212-216 Mona Vale Rd: 2 bed, 96mΒ² sold for $870,000
– 243/132-138 Killeaton St: 2 bed listed $835,000-$855,000
– 1/125-127 Mona Vale Rd: 2 bed for sale $1.2-$1.3m
– 5/110 Warrimoo Ave: 3 bed guide $1.3m
This unit’s 149mΒ² size and 3-bed format command a premium over smaller comps, yet its final price must be critically assessed against the broader 3-bed offerings to avoid overpaying for space within a strata title.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
St Ives is an established, family-focused suburb on Sydney’s Upper North Shore, characterised by strong owner-occupier demand for its lifestyle and leafy environment. This has driven robust capital growth across both houses and units, with a notably active sales market. Future desirability is underpinned by its established amenity, though current pricing reflects an elevated valuation level that warrants consideration.