9/360-364 Sydney Road, Balgowlah NSW 2093
9/360-364 Sydney Road, Balgowlah NSW 2093
Top-floor Balgowlah unit | expansive private rooftop | water glimpses | modern security building | strong rental demand
This property’s strongest competitive edge is its top-floor position with an expansive private rooftop terrace—rare in this price band and suburb—offering genuine district views and water glimpses that typically command a premium in the Northern Beaches market. The modern security building with air conditioning, built-in robes, and reliable connectivity supports a low-maintenance lifestyle attractive to owner-occupiers seeking a lock-and-leave base or downsizers, while the rental estimate of $810pw confirms strong income potential for investors. The 40% owner-occupier ratio in the 12-unit complex suggests stable building management and limited rental churn, which reduces vacancy risk.
The 25m² land size is unusually small and may constrain future capital growth compared to larger allotments, though this is partially offset by the rooftop amenity. No flood, bushfire, or heritage overlays remove major insurance and redevelopment hurdles. The building’s 60% renter profile and 42% non-long-term residents could indicate higher turnover costs or less engaged owners, so a strata report review is essential before bidding. For a buyer, this unit works best as a lifestyle hold with solid rental backup—not a land-banking play—and should be valued on its rooftop and position rather than land content alone.
Detailed Independent Property Report prepared by PropCred Analyst team for 9/360-364 Sydney Road, Balgowlah NSW 2093
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
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Market Insight
Balgowlah is a sought-after Northern Beaches suburb characterised by high owner-occupancy and a family-oriented demographic. Demand is driven by established professionals seeking family homes, supported by strong long-term capital growth. The market demonstrates consistent performance, with houses and units both experiencing solid appreciation. Future prospects are underpinned by its enduring appeal, though the high proportion of apartments introduces a supply dynamic that moderates the exclusively premium house segment.
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PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
-
Land
25m²
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