12/839-841 Anzac Parade, Maroubra NSW 2035
12/839-841 Anzac Parade, Maroubra NSW 2035
North-facing balcony | renovated two-bedder | Maroubra Junction walkable | strata block with garage
This unit offers a rare combination of a north-facing private balcony and a single lock-up garage in a well-maintained security block, both of which strengthen buyer position in a market where off-street parking and outdoor space are often compromised. The herringbone oak flooring and integrated kitchen appeal to owner-occupiers seeking move-in convenience, while the neutral palette and updated bathroom reduce immediate capital outlay. It suits first-home buyers or downsizers prioritising low-maintenance living close to shops, transport, and beaches, though the 60% rental composition in the building may temper some owner-occupier demand.
The property sits in a suburb where median apartment values sit above $1.17m, so the estimated value range suggests room for capital growth if purchased near the lower end. The main risk is the strata block’s 60% tenant profile, which can affect lending appetite and future levy decisions; a strata report is essential before committing. The 2021 last sale without price details means recent price discovery is thin. For a buyer, this unit works best as a long-term hold with solid rental demand, or as a low-fuss home base in a well-connected pocket of Maroubra.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 12/839-841 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.