Building profile · Bondi Junction
Fourteen storeys of homes, shops and a laneway on Oxford Street. Sales from about $1.1 million to $4.55 million — a fourfold spread under one roof.
Whitton Lane — 87 Oxford Street, Bondi Junction NSW 2022. DJRD Architects with Jackson Clements Burrows · 14 storeys · two rooftop gardens.
Whitton Lane stands at 87 Oxford Street. It is one of the most considered buildings in Bondi Junction — homes, shops and a laneway planned as one piece. DJRD Architects designed it with Jackson Clements Burrows.
It rises 14 storeys on one of the busiest corridors in Sydney. It also marks a change in the Junction itself — from a place people came to shop, to a place people choose to live.
There are one, two and three-bedroom apartments, commercial space and secure parking. At street level a laneway of shops and dining brings the building to life. The scale is substantial. The handling is careful. The two do not often go together.
The two rooftop gardens define the building. The view runs the full circle — from the CBD skyline across the Eastern Suburbs and beyond. Shared space of that quality builds something high-density living usually lacks: neighbours who know each other.
Inside, the apartments are made to last. Layouts that work. Strong natural light. Finishes that suit an owner-occupier as well as a long-term investor.
Location underpins long-term value. This is one of the best-connected addresses in the Eastern Suburbs.
Sales over the past 12 to 18 months place Whitton Lane in the upper tier of the Bondi Junction apartment market. Prices have run from about $1.1 million to $4.55 million. The average sits around $2.6 million.
Recent sale prices at Whitton Lane
The spread is the story. The dearest apartment sold for about four times the cheapest. Buyers are paying large premiums for three things.
This is not a uniform building. The better apartments are paid for, and paid for well.
For an owner, that is the pattern you want. A building where superior stock is rewarded gives you something to aim at. It also means the average tells you very little about your own apartment.
The rental market in the building has stayed strong, on the back of the location, the design and the way the place lives. Rents run from about $775 to $2,250 a week. The average sits around $1,350 to $1,400.
Weekly rent at Whitton Lane
Demand is strongest in three places.
Tenants will pay more for a quality building in a connected location. That is true across Bondi Junction, and it shows here.
A caution. Do not divide the average rent by the average price and call it a yield. The two averages come from different apartments. The yield on yours depends on its own rent and its own price.
Whitton Lane is priced apartment by apartment. Floor, size and outlook do the work. The address gets a buyer through the door, and no further.
If you own one of the better apartments, the market has shown it will pay for it. If you own one of the others, the comparison that matters is with apartments like yours — not with the average, and not with the penthouse.
The address gets a buyer through the door. Floor, size and outlook set the price.
I read the sales in your own building first. I will tell you plainly where your apartment sits — by floor, size, outlook and parking.
Request a free appraisal Begin a conversationPrincipal, Weiss Real Estate. 35 years in the Eastern Suburbs.
Sources. Sale prices and rents are approximate figures for Whitton Lane, 87 Oxford Street, Bondi Junction, over the past 12 to 18 months, and vary with floor, size, outlook, parking and presentation. Building details are as understood at the time of writing.
This article is general commentary on the Eastern Suburbs property market and does not take account of any individual's circumstances, objectives or financial position. It is not financial, legal or investment advice. Property values move, and past sales are not a reliable indicator of future results. Alan Weiss, Weiss Real Estate — Licence 218396, independent contractor for eXp Australia.
