16/193-197 Oberon Street, Coogee NSW 2034
16/193-197 Oberon Street, Coogee NSW 2034
top-floor dual-level | renovated interior | district outlook | one car space | stable owner-occupier building
This unit is competitively positioned well above typical Coogee apartment stock because of its dual-level layout and top-floor placement, which are unusual in a suburb dominated by standard one-level units. The renovated interior and district outlooks give it a house-like quality that will appeal strongly to downsizers and professional couples wanting space, light, and a sense of separation from the ground. The stable owner-occupier building and secured car space reinforce its liveability, making it a good fit for buyers who prioritise condition and configuration over entry price.
The recent sale history suggests consistent growth, but the current price guide may push past what some buyers expect for a 2-bedroom unit in this pocket. Without confirmed floor area, value per square metre is harder to benchmark, and the limited interior size noted for other units in the building might raise questions about usable space. The rental yield, while not exceptional, is workable and should support interest from owner-occupiers more than investors. Weighing the premium for the top-floor finish against what standard units in the same building achieve will be key when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 16/193-197 Oberon Street, Coogee NSW 2034
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
Coogee presents a sharply divergent market, with its premium house segment demonstrating exceptional capital growth, significantly outpacing broader Sydney. This demand is driven by robust competition for limited stock, evidenced by swift sales periods. In contrast, the unit market remains stable but subdued, with rental yields offering relative value. Future growth is anchored in sustained desirability and tight supply, though the market’s premium positioning inherently carries sensitivity to broader economic shifts.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
1227m²
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