4/173 Clovelly Road, Randwick NSW 2031

4/173 Clovelly Road, Randwick NSW 2031
2-bed apartment on Clovelly Road | strata unit with efficient 66 sqm layout | high convenience near shops and beaches | main road noise is a known constraint This apartment offers a sensible configuration for the eastern suburbs, with two bedrooms and a single bathroom in a compact 66-square-metre layout that prioritises function over size. Its location on Clovelly Road places it within easy reach of retail strips, bus routes and the coast, making it a practical choice for professional couples or downsizers who value walkability and low-maintenance living. The small strata scheme reduces complexity for owners while the strong tenant demand in this pocket supports a stable rental profile for those not occupying it full time. It sits comfortably within the suburb’s typical unit stock, neither oversized nor boutique, but well positioned for lifestyle buyers. The main road frontage may affect liveability and resale, as traffic noise could deter some purchasers. Building age and floor level remain unconfirmed, so the condition and outlook are variables that might influence the final price more than the layout alone. Maintenance costs linked to the strata complex and any upcoming special levies should be weighed carefully. Buyers exploring this property would benefit from verifying renovation history and internal finishes, as these factors will ultimately shape whether the price aligns with the market’s expectations.
Detailed Independent Property Report prepared  by PropCred Analyst team for 4/173 Clovelly Road, Randwick NSW 2031
Checks found:
Value Risk 2
Liquidity Risk
Planning Risk 2
Income Risk 2
Execution Risk 2
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Randwick NSW 2031

Randwick presents a premium coastal lifestyle, attracting buyers seeking a balance of beaches, parks, and urban amenities. This appeal drives consistent demand, particularly for units, which demonstrate higher turnover than houses. Recent price growth is evident across both property types, though the market currently sits below its long-term trend, indicating potential for future appreciation. Key considerations include high entry prices and sensitivity to broader economic cycles.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

599m²

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Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst