4/178 Beach Street Coogee NSW 2034
4/178 Beach Street Coogee NSW 2034
Oversized 116sqm apartment|Newly renovated|Opposite baths & 200m to beach|Est value $2.9m| This three-bedroom apartment with 2 bathrooms, 1 parking space and 116sqm internal area in the Tara building suits downsizers or professionals seeking low-maintenance coastal living. Positioned on the sunny side with level lift access, it delivers house-like proportions rare for apartments, maximising natural light through windows on three sides and an east-facing balcony with sea glimpses. Its single common wall enhances privacy within the landmark complex, which includes a resort-style pool and recent security upgrades. Opposite Grant Reserve and Wylie’s Baths, the location supports an active beachside routine without the upkeep of a house. Buyers drawn to such properties are typically couples or small families valuing walkability to Coogee Beach, cafes and coastal paths over larger land holdings. Similar renovated three-bedroom units in the immediate area have held strong values post-2021 sales, buoyed by limited supply in this elevated beachfront pocket. A flood overlay noted on records warrants due diligence, though no heritage constraints apply. Long-term appeal stems from the building’s iconic status and proximity to enduring coastal attractions, positioning it as a solid hold in a market favouring quality renovations. Rental estimates around $1600 weekly underscore its income potential for investors.
Detailed Independent Property Report prepared by PropCred Analyst team for 4/178 Beach Street Coogee NSW 2034
Checks found:
Value Risk
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1
Liquidity Risk
✓
Planning Risk
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1
Income Risk
✕
2
Execution Risk
✓
Insight: 4/178 Beach Street Coogee NSW 2034
Coogee is a premium eastern suburbs beachside location attracting affluent buyers and investors. Demand is driven by lifestyle appeal, coastal proximity and access to the CBD. Housing supply is tightly held, particularly for freestanding homes. Strong rental demand supports investment activity. Price growth has been consistently strong, underpinned by scarcity and prestige.