2/27 Berrima Parade, Surfside NSW 2536

2/27 Berrima Parade, Surfside NSW 2536
Unit on large 557mΒ² lot | Three bedrooms | Not on market | Separate house titles on street. This property presents a rare configuration as a three-bedroom unit situated on a substantial, house-sized lot, a combination that typically offers greater outdoor space and privacy than standard strata living. This serves a buyer seeking a low-maintenance lifestyle without sacrificing ground-level space, potentially appealing to downsizers or as a long-term hold in a coastal council area. The inconsistency in its classification, however, introduces immediate due diligence risk; you must confirm the exact title structure, strata fees, and bylaws, as these govern your control over the land and future capital outlays. The absence of a current listing suggests a potential off-market opportunity, but the lack of recent comparable sales data for the unit specifically necessitates a conservative valuation anchored to the lower end of the estimated range, given the clear price premium for the free-standing houses on this parade. Proceed only after legally verifying the tenure and strata scheme details, as misclassification risk directly impacts bank valuation and resale. The lot size is its primary advantage, offering a land component atypical for a unit, which supports a hold strategy for capital growth over the long term. Without current market data, its value is speculative; your offer must reflect this uncertainty. If the title confirms a favourable strata plan, this property is a hold for lifestyle or future equity, not a short-term trade.

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

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Market Insight:

Surfside sits just north of Batemans Bay, offering coastal access at a more affordable price point. It attracts retirees and lifestyle buyers. Demand is driven by beach proximity and relative value. Limited infrastructure and reliance on regional employment constrain broader appeal. Price growth is moderate and tied to coastal cycles.
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PropCred Estimated Value

Bedrooms

Bathroom

Parking

1

Land

557mΒ²

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