59 Roosevelt Avenue, Allambie Heights NSW 2100
59 Roosevelt Avenue, Allambie Heights NSW 2100
Rare 762m² block | flood overlay noted | family catchment | strong street demand | 287m² built form
A substantial 762m² lot is offered, placing this freestanding house among the larger footprints in its immediate pocket. The 287m² building envelope, estimated from aerial data, provides generous family accommodation, while the elevated 115m ground position supports district views and a sense of openness. This property is well suited to buyers seeking a family home within walking distance of primary schooling and local shops, with the flexibility of a large rear yard for outdoor living or future extension. The flood overlay is a known consideration, but the site’s elevated nature and existing two-storey scale mitigate much of the practical risk, making the property most attractive to families who prioritize space and location over turnkey perfection.
Value may be influenced by the flood overlay, by which insurance premiums and some buyers’ willingness to proceed could be affected, though actual exposure is likely reduced by the elevated position. The inconsistency in recorded bedroom counts (3 vs 4) should be clarified, as perceived utility and comparability might be impacted. A physical inspection is required to confirm the property’s condition and modernisation level, as renovation or extension needs are not evident from records alone. A strong floor for value is provided by the substantial land size, as development potential and scarcity are offered within the suburb.
Detailed Independent Property Report prepared by PropCred Analyst team for 59 Roosevelt Avenue, Allambie Heights NSW 2100
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
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Market Insight
Allambie Heights sits at the top end of Sydney’s residential market. Its median house price is $2.7 million, with a demographic profile that is notably affluent: household incomes rank in the top 3% and affluence in the top 8% of Sydney. This affluent profile drives demand from high-income households. House prices have grown at 6.9–7.2% annually, and houses sell in a median 27–29 days, with 79 transactions in the past year. Rental yields are modest—2.84% for houses and 3.45% for units—with weekly rents of $1,275 and $625 respectively. The unit market is thin, with no recorded sales over the past year. Future growth is supported by continued demand for high-value houses, yet stretched affordability and limited unit diversity are structural risks.
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PropCred Estimated Value
Comparable Sales: 53 Roosevelt Avenue sold $2.53M in 2023; 83 Roosevelt Avenue sold $2.9M in 2022 | Property Price Band: $2.5M–$2.8M | Value Drivers: land size, flood overlay, condition and layout
Bedrooms
4
Bathroom
2
Parking
2
Land
762m²
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