62 Woodland Street, Balgowlah Heights NSW 2093

Elevated 822m² parcel | North-facing resort-style pool & deck | 4-bed full brick with soaring glazing | 85% owner-occupier street | 60m elevation with no flood or bushfire risk This property occupies a rare position: a full-brick 1990 build on one of the suburb’s larger blocks, with a north-facing pool and glass-framed deck that effectively extend the living area into the garden. The 285m² footprint with soaring ceilings and full-height glazing gives it a light-filled, almost resort-like interior that competes with newer builds, while the 60m elevation and absence of any flood or bushfire overlay remove the two most common friction points for Northern Beaches buyers. It serves best a family seeking a long-term home in a street where 85 percent of neighbours are owners, not renters, and where the local primary school and IGA are within a five-minute walk. The transport score of 40 is the trade-off, but for buyers who value space, privacy, and outdoor amenity over a short commute, this property offers a configuration that is increasingly hard to find under five million. The key risk is the 1990 construction date: full brick is durable, but the thermal performance and window seals will not match a contemporary build, and the buyer should budget for a retrofit of glazing and insulation within five years. The 2009 purchase price of 1.3 million shows the land has appreciated significantly, but the house itself has not been updated in that period, meaning the kitchen and bathrooms likely need refreshing to justify the top end of the valuation range. The rental yield of 2.93 percent is low for the area, so this is not a strong income play unless the buyer renovates and re-leases. For an owner-occupier, the opportunity is to hold the land and improve the envelope incrementally, letting the street’s 45 percent auction clearance rate and 4.24 million median work in your favour over a decade. Buy the land, improve the house, and wait.