1/89 Elouera Road, Cronulla NSW 2230
1/89 Elouera Road, Cronulla NSW 2230
3 bed elevated ground floor | double garage boutique block | east light wrap balcony | flood overlay noted
What is competitively strong about this property is its configuration in a suburb where most apartments trade off on space or parking. Three bedrooms, two bathrooms, and two secure car spaces in a boutique block of six is rare for Cronulla. The elevated ground floor with a sunny wrap-around balcony and east-facing light gives it a feel closer to a house than a standard unit. It suits downsizers who want lock-and-leave living without losing a proper kitchen or laundry, young families who need school catchments and parking, and investors targeting the premium end of the rental market. The internal layout with a master ensuite and walk-in robe, plus two built-in robes in the other bedrooms, makes it genuinely family-ready rather than a compromise.
The flood overlay is the main factor that may affect value or sale price. It does not appear to have caused issues based on the building’s condition or finishes, but it is a recorded risk that some buyers or lenders may weigh more heavily. The property sits on a reported 580 mยฒ lot in a block of six, which is generous for the area, but the strata arrangement means the land value is shared. The double lock-up garage and secure basement access are strong practical advantages that may hold their value better than surface parking in this market. The absence of a confirmed build date leaves some uncertainty about maintenance schedules, though the finishes suggest a modern build or thorough update.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 1/89 Elouera Road, Cronulla NSW 2230
Market Insight:
Cronulla presents a compelling coastal proposition, currently positioned below its long-term trend and attracting a balanced mix of owner-occupiers and investors drawn by its lifestyle, community, and upgraded amenities. Demand is underpinned by significant town centre and infrastructure improvements, though the market exhibits a divergence with houses demonstrating resilience while units face headwinds from historical oversupply. This dynamic creates a nuanced landscape where future growth is supported by enduring locational appeal but tempered by segment-specific supply sensitivities.