Building profile · Bondi Junction
Nine whole-floor residences on Waverley Crescent, opposite parkland. One of the most tightly held pockets of Bondi Junction, and one of its most successful boutique buildings.
The story
Aira combines architecture, scale, privacy and long-term capital performance. That combination is rare anywhere. In Bondi Junction it is rarer still.
What was delivered on the site is now one of the suburb’s most successful boutique apartment developments. Aira, also marketed as Aria, has just nine whole-floor residences. Each one offers the privacy and proportions you’d expect of a house, not an apartment.
Recent sale marketing describes the building as architecturally acclaimed, with a strong focus on privacy, design and low-maintenance luxury.
The building
Each apartment occupies its own level. With only nine residences, there’s no sense of volume. No long corridors. No crowded lift lobbies. No tower environment. Instead, Aira delivers something far more personal: the ease of strata living without giving up space, light or privacy.
One apartment per level. Privacy and separation that is increasingly rare in Bondi Junction.
The lift opens to your floor. No shared corridors, no neighbours across the hall.
Natural light through the apartments, cross-flow ventilation and a calm, elevated feel.
Three bedrooms, three bathrooms and large indoor-outdoor living zones in every residence.
One or two car spaces per apartment, in a suburb where parking is increasingly scarce.
Natural stone, timber flooring and European appliances. Refined, but practical.
They don’t feel like standard units. They feel like houses in the sky.And that distinction is what keeps driving demand
Recorded sales history
The sales history shows how tightly held the building has become, and how strongly buyers respond when an apartment does come up. Three residences have resold. All three show substantial gains.
| Residence | Configuration | Recorded sale history |
|---|---|---|
| Unit 1 | 3 bed · 3 bath · 2 car | Sold $3,400,000 in Feb 2026; purchased $2,160,000 in 2013 |
| Unit 2 | 3 bed · 3 bath · 1 car | Sold $2,550,000 in July 2022 |
| Unit 3 | 3 bed · 3 bath · 1 car | Sold $2,050,000 in 2013 |
| Unit 4 | 3 bed · 3 bath · 2 car | Sold $3,850,000 in May 2025; purchased $2,200,000 |
| Unit 5 | 3 bed · 3 bath · 1 car | Sold $1,950,000 in 2012 |
| Unit 6 | 3 bed · 3 bath · 1 car | Sold $1,950,000 in 2012 |
| Unit 7 | 3 bed · 3 bath · 2 car | Sold $2,179,000 in 2012 |
| Unit 8 | 3 bed · 3 bath · 2 car | Sold approx. $3,400,000 latest; prior sale $2,950,000 in 2019; original sale $2,750,000 in 2012 |
| Unit 9 | 3 bed · 3 bath · 2 car | Sold $2,850,000 in 2012 |
Domain’s building profile records the February 2026 sale of 1/5–7 Waverley Crescent at $3.4 million, after an earlier purchase at $2.16 million in 2013, and the May 2025 sale of 4/5–7 Waverley Crescent at $3.85 million, along with earlier sales across the building. Percentage gains are calculated on recorded prices. Sales data is indicative, not a valuation.
What the history shows
Over twelve to fifteen years, values in the building have appreciated substantially. The strongest resale recorded a 75% gain. That stands out in a suburb where many larger developments haven’t followed the same path.
It hasn’t been driven by market momentum alone. It’s been driven by the building’s fundamentals. New developments in Bondi Junction are shaped by density, feasibility and smaller apartment formats. Large, whole-floor apartments in boutique buildings simply aren’t being delivered in meaningful numbers.
That is why Aira sits in a different category from standard apartment stock.
What buyers struggle to find
Lifestyle positioning
Aira’s position on Waverley Crescent is central to its appeal. Set opposite parkland, it has a quieter, greener outlook than most apartment buildings in Bondi Junction. Yet within minutes you can walk to Westfield, cafés, restaurants, medical services and the Transport Interchange. The CBD is an easy train or bus ride away.
In a suburb where density keeps increasing, positions like this become more valuable, not less.
Alan Weiss’ view
The strongest buildings aren’t always the largest. The best long-term performers are often the ones that are hard to repeat.
In my view, Aira is one of Bondi Junction’s most successful boutique apartment buildings because it delivers what the market now wants but rarely finds.
It has scale. It has privacy. It has architectural identity. It has a limited number of residences. And it has a location that gives residents both convenience and breathing space.
With only nine residences and a high share of long-term owners, opportunities to buy are extremely limited. Apartments of this calibre are often known to serious buyers before they ever reach the broader market.
— Alan Weiss · Weiss Real Estate · Licence 218396
For buyers
Securing an apartment in Aira isn’t about timing the market. It’s about being known to the right person before one comes up.
Call Alan · 0412 176 074For owners
The right approach can make a substantial difference to the outcome. Get an honest read on where your apartment sits today, with no obligation.
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