8/3-5 Winston Street, Asquith NSW 2077
8/3-5 Winston Street, Asquith NSW 2077
4-bed tri-level townhouse | 3 baths + 2 parking | near-new finish | walk to station | leafy family complex
A rare combination of size, finish, and convenience is offered in this Asquith townhouse. Separation between living zones is created by the tri-level layout, with four bedrooms and three bathrooms, while contemporary detailing, including high ceilings, stone benches, Smeg appliances, and ducted air conditioning, lifts it above typical townhouse stock. Low maintenance and security are provided by its position in a small, well-kept strata complex, with Asquith station and shops within walking distance. Families seeking near-new space without land upkeep are well served, as are multigenerational households needing flexible zones, given the independent fourth bedroom and study. Additional premium appeal is added by the north-facing courtyard and lift access.
Price formation may be influenced by the townhouse’s position within the complex, particularly the private street access and courtyard orientation, which are not uniform across the development. The basement parking and lift access add practical value, but the shared strata structure means the land component is limited, and future capital works or strata levies might affect holding costs. Buyer demand for four-bedroom townhouses in this corridor appears steady, yet the final result could depend on how the current presentation compares with similar stock in the immediate area. These factors should be weighed when forming a view on price.
>> Comparable Sales: 8/3-5 Winston St sold $1.31M (Nov 2024); 20/3-5 Winston St sold $1.255M | Property Price Band: $1.3M–$1.4M | Value Drivers: near-new condition, flexible tri-level layout, walk-to-station location
Detailed Independent Property Report prepared by PropCred Analyst team for 8/3-5 Winston Street, Asquith NSW 2077
Checks found:
Value Risk
!
1
Liquidity Risk
✓
Planning Risk
✕
2
Income Risk
✓
Execution Risk
✓
Market Insight
Asquith, on Sydney’s Upper North Shore, is primarily residential with a 47% house / 53% apartment split. House median is $1.95M, showing 7.14% annual growth but a 2.3% fall over the past year; units median around $723,500 with 1.9% growth and a 1.4% dip. Sales are thin at 38–40 houses a year; 42 days on market indicates steady turnover. Gross yields are 2.45% for houses and 4.6–4.9% for units, with median rents of $850 and $680–690 weekly. Ongoing Upper North Shore housing demand underpins values; the main constraint is thin trading volume.