38 Makinson Street, Gladesville NSW 2111

38 Makinson Street, Gladesville NSW 2111
3 bed 2 bath detached family house | 474 sqm in Hunters Hill | large 241 sqm footprint | 2 car garage plus parking | flood overlay present This detached house is positioned as a substantial family offering in Hunters Hill. The 474 sqm parcel is complemented by a large internal footprint, with three bedrooms, two bathrooms and secure parking for multiple vehicles. Such generous floor space is rarely paired with land of this size, so strong family appeal is likely to be generated by the property. School catchment access, quiet street character and walkable amenity are considered part of the location’s strength. It is best suited to long term family residence, with the scale and configuration also being suited to house sized living close to transport and services. Extra insurance cost may be prompted by the flood overlay, and buyer perception might be shaped by it more than actual risk. Future value is likely to be influenced by internal condition and the presence of a north aspect, if confirmed. Renovation options may be kept open by the absence of heritage or bushfire constraints. Presentation is considered a key value test.
Detailed Independent Property Report prepared  by PropCred Analyst team for 38 Makinson Street, Gladesville NSW 2111
Checks found:
Value Risk ✓
Liquidity Risk ! 1
Planning Risk ! 1
Income Risk ! 1
Execution Risk ✓
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Market Insight

Gladesville is a prestige lower North Shore suburb with a median house price near $3 million, though 2026 year-to-date sales have reached $3.425 million. Annual growth ranges from 2.4% to 8% depending on the source, and the upper end points to a firming market. Houses take 50–86 days to sell, with annual volumes of 118–131, reflecting thin turnover. Owner-occupiers with mortgages dominate (54% of owners), while renters make up just under a third, so demand is driven mainly by established families rather than investors. Unit yields near 4% contrast sharply with house yields under 2%, pushing price-sensitive buyers toward units. The main risk is volatility: divergent price and growth data suggest repricing at the top end. No infrastructure or school information is available, so future drivers remain unclear, though a tight 1.33% vacancy rate underpins rental demand.
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PropCred Estimated Value

Comparable Sales: 35 Makinson Street sold for $2.95M in 2021 | Property Price Band: $2.8M-$2.9M | Value Drivers: land size, internal floor area, flood overlay perception

Bedrooms

3

Bathroom

2

Parking

1

Land

475m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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