12/4 Ramsay Street, Collaroy NSW 2097
12/4 Ramsay Street, Collaroy NSW 2097
Top-floor unit | east-facing ocean breezes | lock-up garage with mezzanine | short walk to Collaroy Beach | renovated throughout
This property is competitively positioned as a rare top-floor unit in a well-maintained block, offering a renovated interior with an east-facing balcony that captures ocean breezes—a feature that commands a premium in this beachside suburb. The inclusion of a lock-up garage with mezzanine storage is a practical edge over comparable units, while the open-plan layout and modern kitchen appeal to both owner-occupiers seeking a low-maintenance coastal lifestyle and investors targeting long-term capital growth in a suburb with a median unit price of $1,382,500.
The primary risk is the asking price near $1.2 million, which sits below the suburb median but may still face downward pressure given the comparable at 6/1A Ramsay Street guides at $1.4 million for a two-bathroom layout—this property’s single bathroom could limit appeal for some buyers. The lack of past sale history adds uncertainty, though the transparent listing structure suggests motivated selling. For an investor, the rental listing via Belle Property indicates existing demand, and the property’s condition reduces immediate capital outlay. Hold for medium-term appreciation in a constrained beachside market.
Detailed Independent Property Report prepared by PropCred Analyst team for 12/4 Ramsay Street, Collaroy NSW 2097
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Collaroy is a tightly held, family-dominated suburb with high outright ownership, underpinning its stability and appeal for long-term residency. Demand is driven by families seeking excellent schools and beachside community, supporting steady price growth despite current market headwinds. Recent conditions show a stable but modest sales environment with low rental yields, indicating a market prioritising lifestyle over investment returns. Future growth remains anchored in its enduring desirability, though affordability and limited turnover present constraints.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
1888m²
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