504/25-31 Orara Street, Waitara NSW 2077
504/25-31 Orara Street, Waitara NSW 2077
5th-floor rear unit | 2/2/1 modern layout | lift access and secure car space | 350m to Waitara Station | quiet low-maintenance living
This apartment is positioned as a strong example of Waitara’s newer, amenity-rich stock. It is served by lift access, a secure car space, and a communal rooftop terrace, which is rarely found in older walk-ups. The rear-of-block placement on level 5 is understood to offer a quieter internal setting than street-facing alternatives. A modern gas kitchen with Smeg appliances and an island bench is complemented by engineered flooring and a balcony off the living area, while the master suite includes an ensuite and private balcony. This unit is best suited to downsizers who want accessible, low-maintenance living, commuters drawn to the 350m rail walk, and investors seeking rental appeal from nearby schools, Westfield, and hospital access.
Value may be influenced by the unconfirmed aspect, as light and view are not proven. Building age and strata conditions are also relevant, as they may shape maintenance expectations and levies over time. The lack of a definitive secondary school catchment might narrow family appeal. A balanced view of price should weigh the quiet rear position against potential station or retail noise, though no direct impact is established. These factors are likely to inform negotiation without undermining the property’s fundamental convenience.
>> Comparable Sales: 204/25-31 Orara Street, 2/2/1, sold May 2025 for ~$780k | Property Price Band: $700k–$800k | Value Drivers: condition, quiet rear layout, station proximity
Detailed Independent Property Report prepared by PropCred Analyst team for 504/25-31 Orara Street, Waitara NSW 2077
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Waitara, on Sydney’s Upper North Shore, is positioned as an established family market, with a 31.9% population jump since 2016 and 71% family households driving demand for school catchments and CBD rail access via Waitara station. Demand centres on professionals aged 30–39 with bachelor qualifications, and 60% of owners hold mortgages. House prices have cooled sharply: a $2.322 million median with -2.6% growth over 12 months, or $2.5 million at -4.25%, reflecting rate sensitivity and thin stock (17 annual sales). Units outpace houses at $768,750, up 3.9%, with a 4.5% gross yield and $700 weekly rent, attracting investors. Future growth rests on continued population inflow and unit turnover, but affordability caps entry, and mortgage-heavy, professional owners remain vulnerable to further rate rises.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
1780m²
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