1/28 Anderson Street, Moruya NSW 2537
1/28 Anderson Street, Moruya NSW 2537
3 bed unit, 161sqm internal, 2 car spaces | 70% owner-occupiers, long-term resident base | 2 days on market, active May listing | Ground level, no stairs, low strata fees
This unit offers a rare configuration in the Moruya market: three bedrooms and 161 square metres of internal space with two dedicated car spaces, all within a building where 70% of residents are owners and 58% have lived there long-term. That owner-occupier dominance signals a well-managed complex with stable neighbours and limited turnover, which typically supports capital preservation. The ground-level positioning eliminates accessibility concerns and appeals to downsizers or families seeking single-level living. With council rates at approximately $2,688 per annum and strata fees of $671 per quarter, ongoing costs are moderate for the size. The property best suits a buyer prioritising space and parking over a premium address, or an investor targeting the steady rental demand from Moruya’s ageing demographic and proximity to the high school.
The primary risk is the building’s age and the absence of recent strata records in the listing data, which may conceal upcoming special levies or sinking fund shortfalls. The demographic skew toward older residents and 74% female population in the suburb suggests a narrower buyer pool if resale timing becomes critical. However, the 2-day market time and active listing status indicate current demand is strong for this price point. The opportunity lies in the 161sqm internal area being significantly larger than typical units in the area, creating a functional advantage that competing properties cannot easily match, particularly for buyers priced out of detached housing.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/28 Anderson Street, Moruya NSW 2537
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
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Market Insight
Moruya is a coastal regional centre with a diverse property market, currently positioned above its long-term trend. Demand is driven by families, retirees, and lifestyle seekers drawn to its coastal appeal, supporting a market with sustained elevated values. Recent price trends reflect this strong cycle, underpinned by long-term fundamentals including its location and community. Key growth drivers remain its coastal lifestyle and established appeal, though the market’s current elevated position is a noted consideration.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
1.57 acres
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