3/20 Manion Avenue, Rose Bay NSW 2029

3/20 Manion Avenue, Rose Bay NSW 2029
Ground-floor garden access | 85m² two-bedroom | Art Deco character | No parking | School catchment appeal This apartment offers a genuinely uncommon combination in Rose Bay: generous internal space, period detailing, and direct access to a shared garden from a ground-floor position. The 85m² footprint is larger than typical boutique stock, and the leafy, quiet setting on Manion Avenue suits buyers who value character and walkability over a car space. It serves downsizers and small families best, particularly those prioritising the Rose Bay Public School and Secondary College catchments, or professionals seeking a low-maintenance home close to the village, ferry, and harbour amenities. The absence of parking is the most significant factor to weigh, as it narrows the buyer pool and may temper price growth compared to similar units with a car space. The flood and heritage overlays could also influence future renovation potential or insurance costs, though neither appears to be a deal-breaker given the property’s established condition and location. Rental demand is steady, but yields are compressed in this price range, so the value case rests more on lifestyle appeal and long-term capital positioning than income return. || Comparable Sales: 3/8 Manion Avenue sold $1.585M in 2022 (2/1 with parking) | Property Price Band: $1.2M–$1.3M | Value Drivers: Garden access, internal size, period character; parking absence may cap upside.
Detailed Independent Property Report prepared  by PropCred Analyst team for 3/20 Manion Avenue, Rose Bay NSW 2029
Checks found:
Value Risk 2
Liquidity Risk
Planning Risk ! 1
Income Risk ! 1
Execution Risk 2
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Market Insight

Rose Bay is a prestigious harbourside suburb with perennial appeal for professionals and families, drawn by its relaxed atmosphere, distinct village character, and proximity to elite private schools. Demand is underpinned by these lifestyle and educational drivers, though the house market has recently softened significantly, contrasting with stronger unit performance. Future growth is supported by consistently limited stock and high demand, yet the market faces risks from recent price corrections and inherent affordability constraints.
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PropCred Estimated Value

Comparable Sales: 3/8 Manion Avenue sold $1.585M in 2022 (2/1 with parking) | Property Price Band: $1.2M–$1.3M | Value Drivers: Garden access, internal size, period character; parking absence may cap upside.

Bedrooms

2

Bathroom

1

Parking

-

Land

671m²

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