104/154 Ramsgate Road, Ramsgate Beach NSW 2217
104/154 Ramsgate Road, Ramsgate Beach NSW 2217
| 87mยฒ internal | oversized one-bedder | pet-friendly block | beachside with water glimpses | renovated chef’s kitchen |
This apartment offers a rare configuration for a one-bedroom property: 87 square metres of internal space, a separate media area, and a genuinely large balcony with water glimpses. The renovated kitchen with Miele appliances and the heated bathroom floor are not cosmetic upgrades but structural differentiators in a market where one-bedders often compromise on liveability. It serves downsizers who want a lock-and-leave base near the beach, or investors targeting long-term tenants willing to pay a premium for space and quality. The pet-friendly building and rooftop entertainment area add further scarcity in a coastal strip where such features command a yield advantage.
The flood overlay is the primary risk: it will raise insurance costs and may narrow the buyer pool at resale. The 2024 sale at $800,000 provides a recent benchmark, but the current listing price is unknown, so you must negotiate with that ceiling in mind. The buildingโs 70% owner-occupier ratio supports stable capital growth, but the 0% auction clearance rate signals limited urgency among sellers. Hold this property as a lifestyle-oriented investment: the rental yield is modest, but the combination of size, renovation quality, and beachside positioning should preserve value better than typical one-bedders in a downturn.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 104/154 Ramsgate Road, Ramsgate Beach NSW 2217
Market Insight:
Ramsgate Beach is a sought-after coastal suburb with a diverse buyer profile. Demand for houses is driven by families and long-term residents seeking larger homes, creating a seller’s market due to critically low stock. This has supported strong house price growth, while unit prices have softened, improving affordability for first-home buyers and downsizers. Future premiums are underpinned by constrained supply and no new housing planned, though high house prices present an affordability constraint.