167/79-91 Macpherson Street Warriewood NSW 2102
167/79-91 Macpherson Street Warriewood NSW 2102
2 bed, 2 bath, 2 car | 131mΒ² in 2012 resort complex | 25m pool, gym, spa | Beach & lake proximity | Bushfire/flood overlays
This unit presents a compelling proposition for a buyer seeking a low-maintenance coastal lifestyle with premium recreational amenities rarely found at this scale. The 131 square metre internal area is significantly larger than typical two-bedroom apartments, offering practical space enhanced by a resort-style complex with multiple pools and a gym. Its strongest appeal is to owner-occupiers, particularly downsizers or professionals, who value immediate access to beaches, Narrabeen Lake, and shops without sacrificing building quality or internal space.
The primary decision factors are the strata costs inherent in a complex with extensive facilities and the overlays for bushfire and flood, which necessitate specific due diligence and may impact insurance premiums. The 2012 build mitigates major renovation risks. This property is best held as a long-term lifestyle purchase, where the value of the amenities and location outweighs the strata levy burden. A Propcred report would pressure-test the $1.2M guide against true comparable sales, detail the overlay implications, and provide a strata health check to validate this substantial commitment.
The sole comparable sale is the subject property itself, purchased for $930,000 in March 2017. This historical data point confirms strong capital growth over a nine-year period, but a current valuation must be anchored against recent sales of similar, large-format apartments with comparable amenities to assess the present asking premium.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Warriewood offers a coastal lifestyle on Sydney’s Northern Beaches, supported by strong amenity proximity. Demand is driven by a diverse buyer base seeking this desirable location, evidenced by a consistently active sales history. Recent price trends for houses show relative stability, while the unit market has experienced softening. Market conditions indicate a measured sales pace. Future growth remains anchored to its coastal appeal, though the recent divergence in performance between houses and units warrants attention.