15/20 Abbott Street, Coogee NSW 2034

15/20 Abbott Street, Coogee NSW 2034
2 bed | 1 bath | 1 car | 76sqm | north-east aspect | small block | walk to beach This propertyโ€™s competitive edge is its position in a small, well-maintained 15-unit complex on a quiet street, giving buyers lower-density living and stronger scarcity than larger blocks nearby. The north-east aspect and leafy outlook add light and privacy, while the undercover parking and large storeroom are rare for this price range. It suits first-home buyers or investors seeking a beachside holding with solid rental demand and fewer ongoing surprises than a full-amenity development. The main risk is the older-style strata: no lift, no pool, and levies of around $1,010 per quarter are moderate but reflect a building that may need future special levies for capital works. The 76sqm internal size is functional but not generous, and the single bathroom limits appeal for families. The opportunity is in the location, walkable to Coogee Beach and Bardon Park, which supports consistent capital growth and tenant demand. Hold this property for medium-term capital gain, not short-term flip, and budget for periodic strata contributions.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 15/20 Abbott Street, Coogee NSW 2034
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Market Insight:

Coogee presents a sharply divergent market, with its premium house segment demonstrating exceptional capital growth, significantly outpacing broader Sydney. This demand is driven by robust competition for limited stock, evidenced by swift sales periods. In contrast, the unit market remains stable but subdued, with rental yields offering relative value. Future growth is anchored in sustained desirability and tight supply, though the market’s premium positioning inherently carries sensitivity to broader economic shifts.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

97mยฒ

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