62 Wolseley Road, Point Piper NSW 2027
62 Wolseley Road, Point Piper NSW 2027
Large 8-bed house | 683 m² Point Piper land | six-car capacity | multi-generational family fit
This house holds a rare position within Point Piper’s tightly held residential stock. Its 683 m² landholding and eight-bedroom configuration place it well above the suburb’s typical apartment-heavy offerings, giving it genuine scarcity for buyers seeking substantial family accommodation in a harbourside precinct. The six-car provision, split between garage and open spaces, adds practical flexibility that most prestige homes in the area cannot match. It is best suited to multi-generational families or those wanting significant room for guests and staff, with the scale and land component offering a level of privacy and independence that apartment living cannot replicate.
The property’s value may be shaped by how its internal layout and condition compare with renovated prestige homes nearby. While the land size and bedroom count are strong signals, the absence of confirmed architectural pedigree or recent upgrades might mean the price reflects potential rather than turn-key luxury. Buyers should weigh the cost of any modernisation against the premium typically attached to finished trophy homes in this street. The lack of heritage or flood overlays may reduce compliance risk, but the final price could hinge on how much work is required to bring the house to contemporary standards.
|| Comparable Sales: 6/23 Wolseley Road sold $22.5M Feb 2025; 69 Wolseley Road listed as premium harbourside house | Property Price Band: $20M–$21M | Value Drivers: land size, eight-bedroom scale, six-car capacity
Detailed Independent Property Report prepared by PropCred Analyst team for 62 Wolseley Road, Point Piper NSW 2027
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Point Piper is Sydney’s most exclusive harbourside suburb, with a median house price of $26.75 million and units at $4.6 million. House prices climbed 57.4% over the past year, though 10-year CAGR of 9.5% and 20-year CAGR of 8.5% indicate longer-run moderation; units rose 10.47%. Demand is driven by wealthy, equity-rich owner-occupiers: average resident age is 52, families make up 67% of households, and only 27% of owners carry a mortgage. Scarcity is acute, with just 4–6 house sales and 16 unit sales annually. Future growth relies on limited supply and enduring prestige, but risks include gross rental yields of 0.82% for houses and 2.25% for units, plus a Boomscore of 33 (“Be Careful”) indicating weak demand relative to supply. The market sits near long-term fair value, limiting speculative upside.
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PropCred Estimated Value
Comparable Sales: 6/23 Wolseley Road sold $22.5M Feb 2025; 69 Wolseley Road listed as premium harbourside house | Property Price Band: $20M–$21M | Value Drivers: land size, eight-bedroom scale, six-car capacity
Bedrooms
8
Bathroom
6
Parking
6
Land
683m²
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