G04/2 Canberra Avenue, St Leonards NSW 2065
G04/2 Canberra Avenue, St Leonards NSW 2065
ground-floor terrace apartment | boutique 30-residence building | 140sqm on title | study or third bedroom | Greenwich Public catchment
This apartment stands apart from typical St Leonards stock. Its 140-square-metre footprint is materially larger than most two-bedroom units in the suburb, and the ground-floor position with a substantial private terrace offers a low-maintenance, courtyard-style living experience rarely found in the area’s high-rise towers. The boutique building of only 30 residences provides a quieter, lower-density feel while retaining access to the rail, Metro, and retail amenity that defines the precinct. The configuration is flexible—the study can serve as a third bedroom—and the condition is presented as new, which reduces immediate maintenance concerns. This property best suits owner-occupiers seeking a larger apartment with outdoor space and good school catchment access, particularly downsizers or professional couples who value walkability and a genuine indoor-outdoor connection.
The strata levies of $1,828 per quarter are relatively high, which is a recurring cost that should be weighed against the benefit of the building’s boutique scale and shared amenities. The ground-floor position, while offering level access and terrace living, may carry a slight premium or discount compared to upper-floor units depending on buyer preference for outlook versus privacy. The property’s size and configuration place it above the typical two-bedroom price point in the suburb, which narrows the buyer pool to those specifically seeking a larger apartment rather than standard stock. The absence of a confirmed building age means the condition and maintenance history should be verified, though the present-as-new description suggests a recent build. Prospective buyers should consider whether the terrace and flexibility justify the price position relative to more conventional units in the area.
Detailed Independent Property Report prepared by PropCred Analyst team for G04/2 Canberra Avenue, St Leonards NSW 2065
Checks found:
Value Risk
✕
2
Liquidity Risk
✕
2
Planning Risk
✓
Income Risk
!
1
Execution Risk
!
1
Market Insight
This suburb presents a compelling urban lifestyle proposition, anchored by excellent transport links and proximity to key amenities. Demand is driven by young professionals, students, and families, attracted by its connectivity and reputable schools. The market is characterised by steady rental demand for units, though house price growth has been modest and the market is notably quiet with very limited sales activity. Future growth is underpinned by ongoing infrastructure investment, but the market is heavily skewed towards apartments, with a constrained and inactive house segment presenting a key supply constraint.
PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
1329m²
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