1/64-68 Mons Avenue, Maroubra NSW 2035
1/64-68 Mons Avenue, Maroubra NSW 2035
2-bed unit in Maroubra coastal pocket | Same-building 2024 sale at $927K | 70m² with 1-car garage | No overlays detected | School catchment confirmed
This unit competes well in Maroubra’s apartment market because it pairs a practical 70m² footprint with a 1-car garage—a combination that is increasingly uncommon in newer beachside stock, where parking is often sacrificed for density. The 808m² strata parcel suggests a larger complex, which typically means shared land value is thinner than in boutique blocks, but the trade-off is a lower-maintenance holding in a suburb where coastal proximity drives steady demand. It suits downsizers wanting single-level ease near the beach, investors seeking reliable rental appeal, or owner-occupiers who value school catchments and a short walk to local amenity. The absence of bushfire, flood, or heritage overlays simplifies ownership, and the 5G coverage is a minor practical plus. The street’s mixed character—older homes beside newer duplexes—adds context but does not diminish this unit’s position as an accessible entry point into a desirable coastal suburb.
The 2021 sale history at $280,000 is likely an older transactional record and should not anchor expectations, given the same building’s 2024 sale at $927,358 for a similar 2-bed, 1-bath unit with two parking spaces. That 2024 result is the most relevant price signal, though the subject unit’s single garage may command a slight discount. The lack of confirmed aspect, floor level, or interior finish details means value may hinge on presentation and outlook once inspected. A dated interior or ground-floor position could temper price, while a renovated finish or elevated aspect might support a premium. Buyer competition from investors and downsizers is likely, but the unit’s modest size and shared land parcel may limit upside compared to houses on the same street.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/64-68 Mons Avenue, Maroubra NSW 2035
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Maroubra sits in Sydney’s eastern suburbs as a blue-chip beachside market, with houses near $3 million and units around $1.15 million. Demand comes from a mix of mortgage-holding families and investors, with units selling faster than houses (44 vs 58 days) and rents rising 7.7% for houses and 6.2% for units. Price trends are uneven: units show solid annual growth of 6–13.9%, while house prices have fallen between 1.6% and 16.2% over the past year, and quarterly dips of 1.15% for houses and 1.49% for units signal short-term sensitivity. Future growth relies on strong eastern suburbs connectivity, beach lifestyle appeal, and school catchments, but affordability pressures near the $3 million house median and rate sensitivity remain key constraints, alongside fluctuating sales volumes.
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PropCred Estimated Value
Comparable Sales: 3/64-68 Mons Avenue sold $927,358 (Nov 2024); 1/64-68 Mons Avenue sold $280,000 (2021, older record) | Property Price Band: $0.9M–$1.0M | Value Drivers: Condition and internal finish; floor level and aspect; parking configuration and layout efficiency.
Bedrooms
2
Bathroom
1
Parking
1
Land
808m²
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