517/380 Harris Street, Pyrmont NSW 2009

517/380 Harris Street, Pyrmont NSW 2009
Warehouse loft rarity | quiet Pyrmont pocket | rooftop sky garden | 65 sqm internal This apartment occupies a genuinely scarce position in Pyrmont’s market. The warehouse loft format inside a heritage wool store is not replicated in newer developments, so a buyer gains a structural point of difference that standard one-bedroom apartments cannot match. The 65 sqm internal area is generous for a one-bedroom, and the rooftop sky garden extends usable space without body corporate overhead. The issue requiring closer review is the absence of a car space in a suburb where parking is tight, which narrows the buyer pool to those who do not own a vehicle or are willing to rent parking separately. The 2021 sale price is not disclosed, so the $800,000 guide cannot be benchmarked against the last transaction, which leaves the buyer with less leverage in negotiation. The headline appeal is clear, but the pricing, rental evidence and site-specific risk profile should be checked independently before a buyer relies on it.
Detailed Independent Property Report prepared  by PropCred Analyst team for 517/380 Harris Street, Pyrmont NSW 2009
Checks found:
Value Risk
Liquidity Risk ! 1
Planning Risk ! 1
Income Risk ! 1
Execution Risk
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Market Insight

Pyrmont is a well-established, high-amenity inner-city suburb undergoing significant renewal, attracting professionals and yield-focused investors. Demand is driven by corporate relocations to the precinct and new high-rise developments, supporting apartment growth while freestanding houses remain scarce. Recent price trends show a softening in the housing market, with unit yields compressing as prices have outpaced rents. Future growth is underpinned by major infrastructure like light rail extensions and waterfront revitalisation, though the market faces risks from increasing supply and potential shifts in buyer sentiment.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

-

Land

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