7 Langlee Avenue, Waverley NSW 2024
7 Langlee Avenue, Waverley NSW 2024
5 beds | pool | elevated block | Waverley catchment
The property’s elevated positioning and flexible five-bedroom configuration create a rare combination in Waverley, where most houses trade on land size alone. The swimming pool and two-level layout serve families who need separation between adult and children’s zones, while the 42% building coverage leaves genuine outdoor space. With 75% owner-occupiers on the street and low rental turnover, this house suits a buyer seeking long-term family holding rather than a quick flip. The school catchment for Waverley Public School adds concrete demand from educated buyers.
The land size variation across sources introduces a valuation risk that a buyer should clarify before auction, as a 439mยฒ block commands a different premium than 810mยฒ. No bushfire or flood overlays remove insurance headaches, but the single car space will limit appeal for multi-car families. The 2019 last sale date means the current price reflects recent market gains, so the buyer should test whether the $6.25 million ask already prices in the pool and elevation. Hold this property as a family home for a decade, and the location alone will deliver capital growth.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 7 Langlee Avenue, Waverley NSW 2024
Market Insight:
Waverley is a premium coastal suburb, positioned by its proximity to Bondi Beach and strong transport links. Demand is driven by affluent young professionals, reflected in high household incomes and a concentration of skilled workers. The housing market demonstrates resilient capital growth, while the unit segment has experienced recent price adjustments. Future prospects are supported by high rental yields for apartments, yet constrained by limited affordability and a slight population decline impacting supply dynamics.