A707/1 Avon Road Pymble NSW 2073

A707/1 Avon Road Pymble NSW 2073
Luxury 2018 build | Pymble parkland setting | 1 bed + 1 car | Heritage overlay present. This unit presents a competitively strong offering within Pymble’s established market, defined by its modern construction within a curated, parkland-integrated development. The combination of a single secure car space, contemporary floor plan, and premium location adjacent to quality schools serves a specific buyer profile: the professional seeking a low-maintenance residence or an investor targeting the reliable family rental demographic. Its position aligns with median suburb pricing but offers a discernible quality edge over older stock. Proceed with a clear valuation strategy due to significant data variance and the detected heritage overlay, which may constrain future alterations and affect insurance. The zero auction clearance rate for one-bedroom units indicates a buyer’s market, enabling disciplined negotiation below the upper estimate range. Acquire this property as a long-term hold, leveraging its modern amenities for sustained rental appeal. Propcred provides the precise market valuation and locality risk assessment required to secure this unit at its correct commercial value. A comparable sale at 707/1 Avon Road in April 2024 achieved approximately $1,030,000. This sale price, notably higher than the subject property’s estimated range, suggests a premium for larger lot sizes or superior aspects within the same complex, underscoring the critical need for a precise, like-for-like valuation.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Pymble is a premier Upper North Shore suburb, characterised by its leafy environment and excellent schools, which are fundamental to its enduring appeal. Demand is driven by high-income professionals seeking a premium residential environment, supported by strong educational outcomes. Recent market conditions show a slight softening in house prices, though the market is considered balanced and at fair value. Future growth is underpinned by its established desirability, while the primary constraint remains the high entry price point.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

1

Land

58mΒ²

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