10/695 Anzac Parade, Maroubra NSW 2035
10/695 Anzac Parade, Maroubra NSW 2035
3 bed 2 bath 2 car in eastern suburbs | large apartment on a main road | last sold 2009 for $608,500 | building-level rental demand at $1,200 per week
This is a competitively rare apartment configuration for the eastern suburbs, offering three bedrooms, two bathrooms, and two car spaces on a substantial 552 mยฒ lot. Such a layout is typically sought by downsizers and families who need space without moving to a freestanding house, and the building-level evidence of a similar unit renting at $1,200 per week confirms strong demand for this type of stock. Being on Anzac Parade provides excellent road and bus connectivity, though the main road position may influence the property’s appeal depending on the apartment’s aspect and floor level. The last recorded sale in 2009 at $608,500 is a long-run anchor, but the market has shifted significantly since then.
The property’s value may be shaped by factors not visible in the available data, such as the apartment’s floor height, aspect, views, and the quality of its interior finishes. Being on a main road could introduce traffic noise, which might affect desirability for some buyers and therefore price. The building’s age and amenity package are also unknown, and these often influence both sale price and ongoing costs. A buyer should weigh these unknowns carefully and seek direct inspection to form a complete view of the property’s worth.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 10/695 Anzac Parade, Maroubra NSW 2035
Market Insight:
Maroubra is an established blue-chip suburb with strong eastern suburbs appeal. Demand is driven by a mix of families and investors, with particular interest in units for their relative affordability and stronger rental yields. While the house market has softened, reflecting broader affordability pressures, the unit segment demonstrates resilience with solid growth. Future prospects are underpinned by its desirable coastal lifestyle and connectivity, though sensitivity to broader market conditions remains a key consideration for high-value house purchases.