4 Prospect Street, Waverley, NSW 2024 | BlockOfUnits for sale | OnTheHouse
 
FOR SALE
$5,295,000

4 Prospect Street
Waverley NSW 2024

Bedrooms: 8
Bathrooms: 4
Car spaces: -
Land area: 348m2
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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.
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
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Property Details for 4 Prospect St, Waverley

4 Prospect St, Waverley is a 8 bedroom, 4 bathroom BlockOfUnits. The property has a land size of 348m2. The place is currently for sale with Richardson & Wrench Newtown.

Building Type
BlockOfUnits
Land Size
348m2
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About Waverley 2024

The size of Waverley is approximately 0.6 square kilometres. It has 9 parks covering nearly 6.1% of total area. The population of Waverley in 2016 was 4346 people. By 2021 the population was 4216 showing a population decline of 3.0% in the area during that time. The predominant age group in Waverley is 30-39 years. Households in Waverley are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Waverley work in a professional occupation.In 2021, 51.90% of the homes in Waverley were owner-occupied compared with 49.70% in 2016.

Waverley has 2,281 properties. Over the last 5 years, Houses in Waverley have seen a 52.92% increase in median value, while Units have seen a 33.88% increase. As at 31 October 2025:

  • The median value for Houses in Waverley is $4,400,988 while the median value for Units is $1,432,979.
  • Houses have a median rent of $1,350 while Units have a median rent of $895.
There are currently 7 properties listed for sale, and 5 properties listed for rent in Waverley on OnTheHouse. According to Cotality's data, 78 properties were sold in the past 12 months in Waverley.

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Michael Xanthoudakis
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Anthony Markakis
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Richardson & Wrench Newtown
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