292 Morrison Road, Putney NSW 2112
292 Morrison Road, Putney NSW 2112
Newly built 4-bed semi | Water/district views | North-facing yard | Compact 360m² lot | Luxury finishes throughout
This property competes on finish and outlook rather than land. The newly constructed home delivers a modern, low-maintenance footprint with water and district views from an elevated position, which is genuinely rare in this pocket of Putney. The north-facing orientation and 20m frontage give it a bright, open feel that older stock on the street cannot match. It suits a buyer prioritising move-in-ready quality, contemporary design, and a lock-and-leave lifestyle over a large backyard. Families, downsizers, or professionals seeking a premium semi with school-catchment appeal and walkable village access will find this most compelling.
The compact 360m² land size may limit long-term land-value growth compared with larger freestanding houses nearby. The inconsistency between reported internal areas (118m²–199m²) and the listing’s 4-bath, 2-car configuration versus the portal’s 3-bath, 1-car might affect how lenders and appraisers assess the property, potentially influencing finance terms or resale expectations. The low rental yield signals the price is driven by owner-occupier lifestyle appeal rather than investment return, so buyers should weigh what they are paying for the views and new build against the modest land component.
|| Comparable Sales: 163 Morrison Road sold $2.9M (2022, larger land) | 165A Morrison Road listed premium new duplex | Property Price Band: $2.5M–$2.6M | Value Drivers: new condition, water views, north-facing orientation, compact land size
Detailed Independent Property Report prepared by PropCred Analyst team for 292 Morrison Road, Putney NSW 2112
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
1
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Market Insight
Putney sits on Sydney’s lower north shore, a tightly held enclave near Ryde and Hunters Hill with just 4,097 residents and a median age of 45. Demand centres on owner-occupiers seeking prestige housing, evidenced by a 5-bedroom median of $3.5M and lean stock of seven listings. The market has corrected sharply: house prices fell 6.8–7.2% annually to around $3.51M, with 4-bedroom product taking 143 days to sell versus 67 for 5-bedroom homes. Sales volume remains thin at 58–68 transactions. Rental demand is subdued—weekly house rents hold at $1,200–$1,250, but gross yields compress to 1.70%, signalling rate sensitivity and affordability constraints. Future growth depends on buyer confidence recovering from the downturn; elevated days on market for larger family homes and negative price momentum are key risks.
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PropCred Estimated Value
Comparable Sales: 163 Morrison Road sold $2.9M (2022, larger land) | 165A Morrison Road listed premium new duplex | Property Price Band: $2.5M–$2.6M | Value Drivers: new condition, water views, north-facing orientation, compact land size
Bedrooms
4
Bathroom
3
Parking
1
Land
360m²
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