1/374 Rocky Point Road, Sans Souci NSW 2219

1/374 Rocky Point Road, Sans Souci NSW 2219
2 bed | 2 bath | 1 car | north-facing first floor | lift access | rooftop terrace | boutique security complex This apartment occupies a strong position within Sans Souci’s apartment market, largely because its configuration and finish profile align with what downsizers and owner-occupiers actively seek. The north-facing aspect, lift access, and covered balcony are not universal in first-floor units, and the rooftop communal space adds genuine lifestyle appeal beyond basic apartment stock. The building itself sits on a generous 1,243 m² site, which is unusually large for a boutique complex, and the internal layout with floor-to-ceiling tiled bathrooms and a gas cooking point suggests a finish standard that competes well with newer builds. For a buyer wanting low-maintenance living near the Ramsgate shopping strip and beach without sacrificing space or amenity, this unit is a natural fit. The stable tenure profile in the building—where the majority of residents have held for over a decade—reinforces that this is not transient investor stock, which typically supports more predictable capital growth and quieter common areas. The last recorded sale at $790,000 in 2016 provides a useful baseline, though the market has shifted materially since then. A comparable unit in the same building transacted at $905,000 in mid-2025, which may indicate where current value sits, but that sale reflects a specific moment and condition. The absence of a documented build year means the buyer should verify construction quality and any upcoming special levies through the strata records. The location on Rocky Point Road, while convenient, may introduce road noise on the north-facing balcony, and the first-floor position could limit privacy from the street depending on window placement. The rental yield signal from the building—around 5% gross on a recent sale—suggests reasonable income potential, but that figure depends on achieving comparable rent. A buyer should weigh these factors against their own holding period and intended use before forming a final view on price.
Detailed Independent Property Report prepared  by PropCred Analyst team for 1/374 Rocky Point Road, Sans Souci NSW 2219
Checks found:
Value Risk 2
Liquidity Risk
Planning Risk
Income Risk 2
Execution Risk 2
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Market Insight

This suburb presents a clear market dichotomy, with its premium house segment demonstrating robust demand and strong capital growth, while the unit market shows more varied performance. Demand is anchored by buyers seeking established, higher-value properties, evidenced by rapid sales and sustained price appreciation. The current conditions favour sellers in the house market, with properties transacting efficiently. Future growth will likely hinge on the continued appeal of houses, though the divergence in performance between asset classes presents a key consideration for prospective buyers.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

1243m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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