24/1 Tuggerah Parade, The Entrance NSW 2261

24/1 Tuggerah Parade, The Entrance NSW 2261
3 bed, 2 bath, 2 car apartment | 97 sqm in a waterfront complex | Larger than typical local stock | Flood overlay in precinct This property is competitively positioned as a larger-than-average apartment in a waterfront-adjacent location where most units skew smaller. Its three bedrooms and two car spaces are uncommon for the area, making it a strong fit for downsizers or permanent residents who want space without a house. The lakefront setting and walkability to The Entrance amenities add lifestyle appeal that tends to hold demand across buyer cycles. The combination of size and location gives it a scarcity advantage over standard two-bedroom units in the same precinct. The flood overlay detected in the immediate precinct may affect insurance costs and should be verified for this specific lot. Building age and exact floor level are unconfirmed, which could influence both desirability and ongoing strata costs. The unit’s internal finishes and aspect are not verified, so a physical inspection is needed to confirm whether the property sits at the standard or premium end of the building’s range. These factors may materially shape the final value and should be weighed carefully.
Detailed Independent Property Report prepared  by PropCred Analyst team for 24/1 Tuggerah Parade, The Entrance NSW 2261
Checks found:
Value Risk ✕ 2
Liquidity Risk ! 1
Planning Risk ✓
Income Risk ✕ 2
Execution Risk ✕ 2
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Market Insight

The Entrance is a stable coastal suburb with a mature demographic, offering diverse housing options from apartments to family homes. Demand is driven by a mix of first-home buyers, downsizers, and investors attracted to its coastal lifestyle and long-term growth profile. Recent market conditions show varied short-term price movements, though the market is positioned near its long-term trend. Future growth is underpinned by its established community appeal and convenient amenities, while its higher proportion of strata housing presents a specific market dynamic.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

1070m²

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