325/23 Savona Drive, Wentworth Point NSW 2127
325/23 Savona Drive, Wentworth Point NSW 2127
2/2/1 layout | established Savona Drive building | stable owner occupiers | value tied to level and aspect | mainstream Wentworth Point stock
Within Wentworth Point’s apartment market, a 2 bed, 2 bath, 1 car layout is the standard expectation, and this brief is met competently by the unit. An average owner-occupier tenure of six years is recorded in the building profile, which is indicative of a settled strata community rather than a transient block. A buyer profile of professional couples, small families, or downsizers is best served by this property, given its low-maintenance waterfront setting with ferry and bridge access, local schooling, and retail close by. Open-plan living, balconies, stone benchtops, gas cooking, and secure parking are common in this corridor, so a contemporary, functional interior is a reasonable expectation.
Value may be influenced most by aspect, floor level, and outlook, which vary materially within the building. A premium might be commanded by a north-facing or higher-level position with a water or leafy glimpse, while a podium outlook could constrain it. The eventual price may also be affected by presentation, recent upgrades, shared amenity quality, and strata levies.
>> Comparable Sales: 329/23 Savona Drive sold at $790,000 in Jul 2025; 1507/46 Savona Drive sold at $600,000 | Property Price Band: $750K–$850K | Value Drivers: aspect, floor level, outlook, condition, internal layout
Detailed Independent Property Report prepared by PropCred Analyst team for 325/23 Savona Drive, Wentworth Point NSW 2127
Checks found:
Value Risk
✕
2
Liquidity Risk
✓
Planning Risk
!
1
Income Risk
✓
Execution Risk
✓
Market Insight
Wentworth Point is a high-density, strata-dominant suburb (99.9% apartments) attracting first-home buyers, young professionals, and downsizers via amenities and Sydney CBD access. Owner-occupancy rose from 36.7% to 39.2% (2016–2021) while investor share fell from 61% to 59%. House price estimates diverge: $835,000 with -50% growth versus $1.4M median; units remain near $747,000–$750,000 with ~0% growth. Weekly rents: houses $755–$850, units $780; gross yields 2.9% houses, 5.5% units. Sales volumes are thin (1–2 houses annually). Supply concentration in apartments is the key constraint; growth depends on infrastructure and amenity maturation.