1203/20 Ocean Street North Bondi NSW 2026

1203/20 Ocean Street North Bondi NSW 2026
North facing in The Moreton|2 bed luxury apartment|Est. $2.09m value|Fresh to market auction March 31 |This two-bedroom apartment with secure parking in a prestigious North Bondi complex suits downsizers or professionals prioritising coastal access and school proximity. Positioned on level 12 in The Moreton, it delivers practical north-facing light across open living areas, ideal for year-round usability without direct street exposure. The single secure car space stands out in this walk-to-beach setting, addressing parking scarcity that frustrates many urban buyers here. Within the complex’s landscaped grounds and heritage overlay, it blends seamlessly with high-end peers, appealing to those who value established quality over new builds. Buyers drawn to similar units in Bondi apartments like this typically include couples upgrading from smaller rentals or investors eyeing rental yields, given its 2018 rental history. Comparable two-bedroom units in the area have held steady through market cycles, buoyed by school catchments like Bondi Public and Rose Bay Secondary. Fibre NBN and 5G coverage enhance its appeal for remote workers, while the absence of flood or bushfire risk adds reliability. Long-term, the property’s position in a tightly held complex underscores holding value, as prestige addresses rarely see distressed sales amid Bondi’s demand pressures. Strata-managed stability further supports enduring appeal for hands-off owners.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Bondi operates as a globally recognised lifestyle market where demand is driven as much by international capital and brand value as by local fundamentals. The buyer pool is heavily skewed toward affluent professionals, investors and lifestyle-driven purchasers, creating persistent competition. Supply is structurally constrained, particularly for houses and well-located apartments. Short-term rental dynamics and tourism also influence pricing in ways not seen in typical suburbs. Small differences in positioningΒ—views, proximity to the beach, building qualityΒ—can drive large price gaps. The market is highly liquid but rarely softens meaningfully. Price growth is strong and resilient, underpinned by scarcity and global appeal.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

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