6/68 Albert Street, Warners Bay NSW 2282
6/68 Albert Street, Warners Bay NSW 2282
Boutique complex of seven | single-level villa | generous proportions | 1-2 car spaces
This unit presents a competitively strong proposition as a low-maintenance, single-level residence within a very small and likely quiet complex, a configuration that is increasingly rare. Its generous proportions and high level of maintenance signal a property that has been cared for, reducing immediate capital demands. This property serves the downsizer or professional seeking space and privacy without the burden of a large garden, positioning it well in a suburb where larger family homes dominate.
The primary risk is valuation misalignment; the automated estimate is disconnected from the building’s actual sales history, creating finance and negotiation uncertainty. The opportunity lies in acquiring a well-appointed unit below inflated market sentiment. Secure this property within the established guide, using it as a long-term hold for its liveability and scarcity within the complex, not speculative gain.
Recent sales within this specific building provide the only credible benchmark for value.
– 7/68 Albert Street: $755,000 (Jun 2024) Β 2 bed, 1 bath, 1 car
– 3/68 Albert Street: $635,000 (Jan 2021) Β 2 bed, 1 bath, 1 car
– 1/68 Albert Street: $415,000 Β 2 bed, 1 bath, 2 cars
This data firmly anchors the property’s realistic market value between $750,000 and $820,000, invalidating the higher automated valuation. The most recent sale demonstrates stable demand for this exact configuration.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Warners Bay is a desirable lakeside suburb attracting established professionals seeking its lifestyle offerings. This demographic drives consistent demand, reflected in a robust market with strong recent price growth and brisk sales activity. Future values are underpinned by its enduring location appeal, though the market is currently considered fair-valued after a significant period of appreciation.