1/30 Eurobin Avenue, Manly NSW 2095

1/30 Eurobin Avenue, Manly NSW 2095
1 bed unit steps from Queenscliff beach | strata title with single car space | compact 44sqm internal | auction scheduled 9 May The propertyโ€™s primary competitive advantage is its position within walking distance of Queenscliff Beach and the Manly coastal strip, which anchors demand from downsizers and beach-oriented professionals seeking a lock-and-leave base. The single car space and compact 43.9sqm floorplan are rare in this price bracket for the location, offering a clear entry point into a tightly held postcode where unit supply is constrained. The low strata administration fund of $861 per quarter suggests limited common property and no significant sinking fund pressure, which improves holding cost predictability for an owner-occupier or investor targeting yield in a 73% auction clearance market. The main risk is the 44sqm internal area, which may limit financing options for buyers requiring a minimum size threshold from some lenders, and restricts appeal to couples or those needing home-office space. The lack of recent comparable sales in the immediate complex introduces pricing uncertainty around the $990,000 Domain estimate, particularly given the 2020 purchase price of $690,000. The buyer should verify the strata records for any upcoming special levies or capital works plans before auction. Hold this property as a long-term coastal pied-ร -terre or rent it to a single professional; its scarcity in the Manly beach pocket will underpin value growth over a five-to-seven-year cycle.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 1/30 Eurobin Avenue, Manly NSW 2095
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Market Insight:

Manly is a premier beachside suburb with a high-income demographic, positioning it as a lifestyle and investment destination. Demand is driven by affluent professionals and families seeking coastal living, supported by strong rental demand from CBD commuters. Recent price trends show moderate growth with some volatility, reflecting a market sensitive to interest rates. Future growth is anchored in its enduring lifestyle appeal and transport links, though high prices and limited supply present ongoing affordability and liquidity constraints.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

1

Land

44mยฒ

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