1/163 Coogee Bay Road, Coogee NSW 2034
1/163 Coogee Bay Road, Coogee NSW 2034
3-bed 2-bath 2-car apartment | Coogee beachside living | bushfire overlay noted | part of premium development | suited to owner-occupiers
A configuration of three bedrooms, two bathrooms, and two car spaces is considered rare in Coogeeโs apartment market, where smaller units are more common. This apartment sits within a development that has been associated with full-floor garden residences and private lift access, pointing to a quality of finish and amenity that is not typical for the area. The property is best suited to owner-occupiers who prioritize space and a walkable coastal lifestyle, including downsizers or professionals who might otherwise consider a house. This combination of size, parking, and building pedigree makes it a competitive option in a locality where larger apartments are in steady demand.
The bushfire overlay may be associated with higher insurance costs or specific building requirements, which a buyer should weigh against the propertyโs strong configuration and location. The developmentโs planning history indicates it was built under a determined DA, but the exact age and internal finishes are not publicly detailed and would need to be assessed in person. These factors are considered manageable for a premium beachside apartment, and the apartmentโs generous dimensions and secure parking are likely to support its value over time.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 1/163 Coogee Bay Road, Coogee NSW 2034
Market Insight:
Coogee presents a sharply divergent market, with its premium house segment demonstrating exceptional capital growth, significantly outpacing broader Sydney. This demand is driven by robust competition for limited stock, evidenced by swift sales periods. In contrast, the unit market remains stable but subdued, with rental yields offering relative value. Future growth is anchored in sustained desirability and tight supply, though the market’s premium positioning inherently carries sensitivity to broader economic shifts.