3/15 Masons Parade, Point Frederick NSW 2250
3/15 Masons Parade, Point Frederick NSW 2250
Renovated two-bed waterfront unit | Premium finish above street stock | Sunset outlook from balcony | Apartment demand near Gosford CBD.
This unit stands apart from the typical older apartment stock along Masons Parade through its recent high-end renovation and open-plan living space. The premium presentation, combined with a balcony oriented toward sunset and water views, gives it a rare lifestyle edge in a street where most units offer simpler, more practical finishes. This configuration best suits a downsizer or professional buyer seeking a low-maintenance home with immediate visual appeal and a strong connection to Gosford’s waterfront amenities, without the upkeep of a house.
The value of this property may be shaped by its position within the building—floor level and exact aspect are not confirmed, and these details can meaningfully influence how the sunset outlook and natural light perform. The absence of a stated internal area also leaves room for comparison against other renovated units in the area, where size differences often justify price gaps. Buyers should weigh the premium finish against the practical constraints of apartment living, including shared building responsibilities and the lack of a private land component. The unit’s proximity to Gosford’s dining, marina, and transport adds convenience but does not guarantee the same stability as more established residential pockets nearby. The final price may settle where the renovation quality and view meet buyer expectations for a compact, well-presented apartment in a mixed streetscape.
Detailed Independent Property Report prepared by PropCred Analyst team for 3/15 Masons Parade, Point Frederick NSW 2250
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Point Frederick (NSW 2250) is a tightly held, high-value market where housing stock turns over slowly; just 22 house sales occurred in the past year, against a median house price of $2.07 million. The 37.6% rental population and 0.95% vacancy signal investor demand, reinforced by 7.1% rent growth and a 8.7% lift in unit prices to a $750,000 median. Family buyers appear active across bedroom types, but the house segment is cooling—recent annual changes range from -8.5% to -12.8%—and median days on market stretch to 82–91. Units offer better near-term dynamics, with a 4.4% gross yield versus 3.0% for houses. Future growth is constrained by thin liquidity, affordability pressure, and rate sensitivity, while the tight rental market and unit resilience provide a floor.
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PropCred Estimated Value
Comparable Sales: 6/15 Masons Parade renovated two-bed, leased at $550/week; 305/63 Masons Parade premium three-bed with terrace and secure parking | Property Price Band: $600K–$700K | Value Drivers: renovation quality, water/sunset outlook, open-plan layout, proximity to Gosford CBD.
Bedrooms
2
Bathroom
1
Parking
1
Land
776m²
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