76/68 Sir John Young Cres, Woolloomooloo NSW 2011
76/68 Sir John Young Cres, Woolloomooloo NSW 2011
Large three-bed penthouse | Domain and city views | concierge building | two car spaces | flood overlay
This property is positioned as one of the larger and better-finished apartments in its immediate precinct. The three-bedroom, two-bathroom layout with two secure car spaces is uncommon for inner-city strata stock, and the north-facing aspect with skyline, Domain, and harbour glimpses places it above typical unit product. The concierge service and premium fit-out, including Snaidero cabinetry and floor-to-ceiling glass, reinforce an owner-occupier or executive downsizer profile. It serves best those seeking the space of a house without sacrificing the security and amenity of a managed building, with parkside living and the CBD a short walk away.
The flood overlay may affect insurance premiums and should be reviewed carefully. Heritage constraints might limit future changes to common property. The reported size variation between sources could influence per-square-metre expectations. The premium finishes and scarce parking might sustain value in a softer market, but the pool of buyers able to transact at this level is limited, so price formation may hinge on how many serious downsizers are active at the time of sale rather than on broad market movements.
>> Comparable Sales: 68/68 Sir John Young Crescent sold for $1.73M in 2020 | Property Price Band: $4.5M–$4.6M | Value Drivers: size, views, parking
Detailed Independent Property Report prepared by PropCred Analyst team for 76/68 Sir John Young Cres, Woolloomooloo NSW 2011
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
2
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Market Insight
Woolloomooloo, on Sydney’s CBD eastern fringe, draws professionals, investors and first-home buyers, with its 74.5% strata stock underpinning unit demand. The house market is tight at $1.8 million, yet 12-month readings conflict: +14.6% versus -12.6%. Units at $1,172,500 show +26.8% against -13.6%. Long-run growth is solid-36-year CAGR 5.7%-but 10-year CAGR sits at 3.7%, and Boomscore 33/100 flags capital-growth caution. House rental yields of 2.2–3.3% trail the NSW average of 4%, while units yield up to 4.3%. With the market below long-term trend, affordability constraints and rate sensitivity remain key risks.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
1973m²
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