13/31 Byron Street, Coogee NSW 2034

Three bedrooms in Coogee | north-east rear corner | opposite Baker Park | flood overlay present. The buying case rests on a spacious three-bedroom layout in a tightly held coastal pocket, with a rear corner position that improves light and privacy. Positioned opposite Baker Park and within walking distance to the beach and local amenities, this unit appeals to owner-occupiers seeking a larger home in a lifestyle setting, as well as investors drawn to strong rental demand. The north-east aspect and oversized floor plan are distinctive in this market, and the building’s recent sales activity confirms consistent interest. However, the property sits slightly below the suburb’s median unit value, suggesting factors such as condition, level, or risk profile may be influencing price. The main constraint is the detected flood overlay, which requires careful review of insurance costs, finance terms, and strata maintenance history before any commitment. While the building appears active and well-positioned, the flood risk introduces an unresolved question about long-term resale appeal and holding costs. Can the strata’s flood management history and insurance premiums support a confident purchase at current guide levels?