10/81 Ocean Parade, The Entrance NSW 2261
10/81 Ocean Parade, The Entrance NSW 2261
Top-floor ocean panorama | 152sqm internal | boutique block of 11 | walk to beach and dining
This unit occupies a rare position: the top floor of a small complex with sweeping ocean views from The Entrance to Norah Head, a configuration that commands a premium in this market. The 152sqm internal footprint, study, and large balcony make it functionally a house-replacement for downsizers or a permanent coastal residence for professionals. The lift access, secure entry, and low-maintenance strata reduce friction for owner-occupiers, while the rental estimate of $840 per week supports an investor yield near 3.8% on the valuation range. The flood overlay is a due diligence item but not a deal-breaker given the top-floor position; it may affect insurance premiums and resale pool depth. The 2012 last sale date suggests limited turnover, which can mean deferred maintenance or a motivated seller. For a buyer, the key opportunity is securing a view-and-space combination rarely available in this price band on the Central Coast. Hold as a primary residence to capture lifestyle premium, or as a long-term hold with rental growth driven by coastal demand.
Detailed Independent Property Report prepared by PropCred Analyst team for 10/81 Ocean Parade, The Entrance NSW 2261
Checks found:
Value Risk
!
1
Liquidity Risk
!
1
Planning Risk
✓
Income Risk
✕
2
Execution Risk
✓
Market Insight
The Entrance is a stable coastal suburb with a mature demographic, offering diverse housing options from apartments to family homes. Demand is driven by a mix of first-home buyers, downsizers, and investors attracted to its coastal lifestyle and long-term growth profile. Recent market conditions show varied short-term price movements, though the market is positioned near its long-term trend. Future growth is underpinned by its established community appeal and convenient amenities, while its higher proportion of strata housing presents a specific market dynamic.
PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
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