49/1 Wride Street, Maroubra NSW 2035

49/1 Wride Street, Maroubra NSW 2035
Spacious 3-bed, 2-bath, 2-car apartment | Resort amenities including pool and tennis court | Strong rental yield potential near Maroubra Beach | Flood overlay noted on strata title This unit stands apart from typical Maroubra apartment stock through its combination of generous floor area, dual parking, and a full resort-style amenity package within a low-rise beachside complex. The 173 m² footprint suits downsizers seeking space without house maintenance, or families wanting room to grow while staying inside a school catchment. Its beach proximity and secure, amenity-rich setting create a lifestyle pull that standard high-rise units cannot match, making it a strong choice for owner-occupiers prioritising daily comfort and for investors chasing premium rental demand. The flood management overlay attached to the strata lot may influence insurance costs and future renovation approvals, so it should be weighed carefully. The unit’s exact floor level, orientation, and internal finish quality remain unverified, and these factors could shift perceived value meaningfully. Buyers might also consider that the complex’s older low-rise character, while charming, may limit capital growth compared to newer builds, though the large floor plan and facilities offer a counterbalance. The estimated rental income of $2,000 per week suggests healthy occupancy potential.
Detailed Independent Property Report prepared  by PropCred Analyst team for 49/1 Wride Street, Maroubra NSW 2035
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk ! 1
Execution Risk 2
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Market Insight

Maroubra is an established blue-chip suburb with strong eastern suburbs appeal. Demand is driven by a mix of families and investors, with particular interest in units for their relative affordability and stronger rental yields. While the house market has softened, reflecting broader affordability pressures, the unit segment demonstrates resilience with solid growth. Future prospects are underpinned by its desirable coastal lifestyle and connectivity, though sensitivity to broader market conditions remains a key consideration for high-value house purchases.
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PropCred Estimated Value

Comparable Sales: 32/1 Wride Street sold $850,000; 8 Wride Street sold $1.3M (house) | Property Price Band: $2.1M–$2.2M | Value Drivers: Large 173 m² layout, resort facilities, beachside low-rise setting

Bedrooms

3

Bathroom

2

Parking

2

Land

1.7 acres

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