55 Hooper Street, Randwick NSW 2031

55 Hooper Street, Randwick NSW 2031
Dual-living layout on 684sqm | North-facing rear garden | Flood overlay flagged | Tightly held Randwick pocket The propertyโ€™s primary buying case rests on its rare dual-living configuration, with a six-bedroom main residence and a fully self-contained two-bedroom apartment. This layout provides genuine flexibility for multi-generational households or an immediate income stream, a feature that is competitively scarce in Randwickโ€™s tightly held market. The north-facing rear garden and four off-street parking spaces further strengthen its appeal to families seeking both space and convenience. The property is best suited to buyers who value adaptable accommodation over a standard single-dwelling footprint. The identified flood overlay is the principal risk and should be investigated through council flood mapping and insurance implications before proceeding. Beyond this, the propertyโ€™s substantial building coverage at 59% limits further expansion without approval, but the existing scale already delivers strong utility. The medium density zoning and location within catchment for Waverley Public School and Randwick High School support long-term demand. The opportunity lies in leveraging the dual-living setup for rental income or extended family use, with 5G and hybrid fibre NBN as supporting amenities.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 55 Hooper Street, Randwick NSW 2031
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Market Insight:

Randwick presents a premium coastal lifestyle, attracting buyers seeking a balance of beaches, parks, and urban amenities. This appeal drives consistent demand, particularly for units, which demonstrate higher turnover than houses. Recent price growth is evident across both property types, though the market currently sits below its long-term trend, indicating potential for future appreciation. Key considerations include high entry prices and sensitivity to broader economic cycles.
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PropCred Estimated Value

Bedrooms

7

Bathroom

3

Parking

4

Land

684mยฒ

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