LG2/11 Wyagdon Street, Neutral Bay NSW 2089
LG2/11 Wyagdon Street, Neutral Bay NSW 2089
Ground-floor garden apartment | Boutique lift building | Newer finish | Downsizer and family appeal | Private outdoor space
This is a competitively rare configuration for Neutral Bay: a ground-floor apartment in a recently completed boutique block, with a private garden and the convenience of lift access, secure parking, and a storage cage. The two-bedroom, two-bathroom layout with integrated premium appliances and ducted air conditioning positions it well above the suburb’s older walk-up stock, which often lacks modern amenity and outdoor space. It serves downsizers and young families best, offering low-maintenance living with genuine indoor-outdoor flow, while still being walkable to village retail, dining, and fast CBD transport. The north-facing aspect reported for the building adds further appeal, though the garden outlook itself is the standout.
Value may be shaped by the quality of the garden and its privacy, as ground-floor units can vary significantly in light and seclusion. The newer building fabric and lift access should support stronger long-term demand, but the exact floor plan dimensions and material finishes beyond the listed features remain unverified. The R4 zoning and redevelopment commentary attached to the broader site might influence buyer perception, though the completed strata building limits immediate change. Rental signals suggest solid tenant interest, which could underpin price resilience.
|| Comparable Sales: 2/17 Wyagdon Street sold at $1.66M in 2020 | Property Price Band: $1.3M–$1.4M | Value Drivers: Private garden, newer build quality, two-bathroom layout
Detailed Independent Property Report prepared by PropCred Analyst team for LG2/11 Wyagdon Street, Neutral Bay NSW 2089
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Neutral Bay is a well-established, high-value suburb where house prices have demonstrated sustained long-term capital growth, contrasting with a recent softening in the unit market. Demand is driven by local professionals and sustained investor interest, bolstered by significant infrastructure projects enhancing connectivity. Current market conditions are characterised by a pronounced supply shortage, creating competitive pressure that sees houses selling above expectations. Future growth is underpinned by these infrastructure upgrades and anticipated international buyer activity, though the primary constraint remains the acute imbalance between available listings and buyer demand.
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PropCred Estimated Value
Comparable Sales: 2/17 Wyagdon Street sold at $1.66M in 2020 | Property Price Band: $1.3M–$1.4M | Value Drivers: Private garden, newer build quality, two-bathroom layout
Bedrooms
2
Bathroom
2
Parking
1
Land
1021m²
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