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NSW › Waverley › Prospect St

4 Prospect St, Waverley NSW 2024

Block of Units

$5,000,000

Last sold

9 Dec 2025

8

Bedrooms

4

Bathrooms

0

Car spaces

348 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $5,000,000 (9 Dec 2025).(Recorded sale)
  • FactLand 348 m²; no building size recorded.(Property record)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$5,000,000

9 Dec 2025 · derived via latest_sale

Waverley at a glance

4,393

People

$3,300,000

Median sale

$981/wk

Median rent

1.55%

Suburb gross yield

Median sale from 6 recorded sales (last 12 months) — a Districts calculation.

See the full Waverley report →

Vs Waverley

+51.5%

Median sale

Suburb $3,300,000

-0.53 pp

Gross yield

Suburb 1.55%

Suburb median $3,300,000 from 6 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$5,000,0009 Dec 2025
  2. Listedprice unknowncompleted16 May 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $981/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Waverley in one glance

Waverley at a glance

4,393

People

$3,300,000

Median sale

$981/wk

Median rent

1.55%

Suburb gross yield

Median sale from 6 recorded sales (last 12 months) — a Districts calculation.

See the full Waverley report →

Keep researching

  • Why Waverley? Read the area thesis →
  • What else is on the market in Waverley →
  • Other records on Prospect St →

Listing material

Listed by Richardson & Wrench Newtown

SEMI-SIZED ART DECO APARTMENTS WITH WATER VIEWS

A rare opportunity on the doorstep of Waverley Charing Cross village, this entire Art Deco apartment block is offered for sale in one line presenting a unique opportunity for investors and wealth creators. Equally, it provides an outstanding prospect for home plus income seekers, or those looking to secure their family's future within the Eastern Suburbs (including potential strata subdivision subject to Council approval).

All four apartments are generously sized and offer expansive floorplans more commonly found in semi-detached homes. Featuring water views throughout, the apartments provide a perfect combination for a prime coastal village setting.

The solid double-brick block is in excellent condition with various renovation works carried out in recent years, together with the newly completed re-painting of all external areas as well as internal foyers.

Read the full description

The block is fully tenanted with further scope for rental levels to be increased to meet current market levels.

With an endless list of positive attributes, as summarised below, this asset is truly a "blue-chip investment".

Key property features:

• 2x 2 bedroom apartments

• 2x 2 bedroom apartments plus attics

• Land size 348m2 approximately

• 15.5m frontage approximately

Further property attributes:

• 4x renovated semi-like apartments with water views

• Tastefully appointed, light and airy interiors

• All with Juliet-style balcony landings attached to external stairs

• Common storage room with additional laundry facilities

• Spacious living rooms

• Internal laundries

• Renovated eat-in kitchens with gas appliances

• Modern bathrooms

• Solid rental history with low vacancy - fully tenanted with scope to increase rentals

Prime location, being approximately:

• Within metres of the exclusive Charing Cross shopping village Waverley

• Within metres of bustling cafes, deli's, bars, eateries, shops and bus stops

• 350m to Queens Park

• 800m to Bronte Park

• 900m to Waverley College

• 1.2km to Bronte Beach

DISCLAIMER: Every precaution has been taken to establish accuracy of the above information but does not constitute any representation by the vendor or agent. Prospective purchasers are urged to rely on their own enquiries.

Listing description written by Michael Xanthoudakis, Richardson & Wrench Newtown — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.