1/148-150 Alfred Street, Sans Souci NSW 2219
1/148-150 Alfred Street, Sans Souci NSW 2219
Single-level 3/2/2 villa | Coastal pocket near Ramsgate Beach | Tightly held strata complex | Strong downsizer appeal | Flood overlay nearby
This is a genuinely rare configuration for Sans Souci: a single-level, full-brick villa with three bedrooms, two bathrooms, and a double lock-up garage, sitting in a small strata complex on a wide, leafy street close to the water. The format gives you the privacy and space of a house without the maintenance burden, which makes it particularly well suited to downsizers moving out of larger family homes, or small families wanting a low-maintenance coastal base. The complex itself is established and tightly held, with limited turnover, which tends to support price stability and scarcity value. The interior features—ducted air conditioning, modern kitchen, granite benchtops, spa bath, and built-in wardrobes throughout—are well above what you typically find in villa stock of this age, so the property competes strongly on condition as well as location.
The main factor to weigh is flood exposure, as the broader street context carries a flood overlay, and this may affect insurance costs or future redevelopment flexibility, though the villa format limits that risk. The property’s value may also be influenced by its position within the complex—whether it enjoys good light, privacy, or courtyard space—and by the quality of the strata management and sinking fund, which you should review carefully. The 1998-era build suggests older infrastructure, so check the roof, plumbing, and common property condition before committing. Price-wise, the recent sale of a matching unit in the same complex provides a strong benchmark, while nearby freestanding houses on larger blocks have sold in the low-to-mid $2 million range, which frames the upper ceiling for this type of property.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/148-150 Alfred Street, Sans Souci NSW 2219
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
This suburb is a tightly held prestige market. Median house price is about $2.7 million, with just 100-odd sales a year. House values have climbed 17.4-19.1% over the past year and typical selling time is 34 days, pointing to strong owner-occupier demand. Investors are marginalised by low returns: house yields are 2.2%, units 3.7%, with median rents of $900 and $700-750 respectively. Units are more volatile: median price near $1.1 million, but growth estimates swing from -6.3% to +8.1%. At these price levels, affordability and rate sensitivity are the key risks, and a thin sales base leaves the suburb exposed to sentiment shifts.
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PropCred Estimated Value
Comparable Sales: 6/148-150 Alfred Street sold Nov 2024 for $2.15M; 154 Alfred Street sold April 2026 for $2.215M | Property Price Band: $2.1M–$2.2M | Value Drivers: Condition and finish quality, single-level layout, complex scarcity and location near beach.
Bedrooms
3
Bathroom
2
Parking
2
Land
214m²
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