305/341-343 Condamine Street, Manly Vale NSW 2093
305/341-343 Condamine Street, Manly Vale NSW 2093
Three-bedroom two-car apartment | 2019-build contemporary complex | Larger than typical local stock | Main-road location carries trade-offs
A three-bedroom, two-bathroom apartment with two secure car spaces is a relatively uncommon configuration in the local area. The 2019 construction and generous floorplate place it above older walk-up stock, making it best suited for families or downsizers who value internal space and parking without moving to a house. The modern inclusions such as air conditioning, balcony, and secure access support its appeal as a low-maintenance residence on a major corridor, where connectivity is strong but quiet surrounds are not expected. The property is positioned to attract buyers who prioritise practical layout and parking over outlook or street ambience.
The main-road setting may introduce a noise factor that could influence perceived value, depending on the apartment’s specific orientation and floor level. The premium often paid for newer construction and two-car parking might be tempered by this exposure, meaning the property’s price is likely driven more by its internal dimensions and secure parking than by any view or private outdoor quality. Buyers should weigh the convenience of the location against the potential for traffic noise when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 305/341-343 Condamine Street, Manly Vale NSW 2093
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
Manly Vale is a highly desirable coastal suburb positioned as a premium family and lifestyle market, attracting professionals, first home buyers, and downsizers. Demand is driven by its excellent location near beaches, parks, and amenities, offering diverse housing with a strong preference for low-maintenance strata living. The market is competitive with robust capital growth observed across both houses and units, supported by ongoing infrastructure improvements. Future growth is underpinned by consistent demand and its community atmosphere, though high entry prices present an affordability constraint and rental yields indicate some sensitivity to economic conditions.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
2
Land
899m²
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