2/34 Lorikeet Grove, Warriewood NSW 2102

2/34 Lorikeet Grove, Warriewood NSW 2102
Boutique six-unit block | dual parking rare for this type | flood and bushfire flagged | softening local market This unit occupies a genuinely uncommon position in Warriewood: a brand-new two-bedroom apartment with two dedicated car spaces within a small complex of only six residences. That combination of new build quality, dual parking, and boutique density gives it structural advantages over most competing stock in the suburb. The open-plan layout with balcony connection and two bathrooms suits downsizers and small families who value low-maintenance living without sacrificing space. For a buyer seeking modern presentation and a quiet but convenient Northern Beaches location, this property sits ahead of older units in the same price band. The flood zone and bushfire risk classification are the primary concerns here and cannot be dismissed. They will affect insurance premiums and may narrow the buyer pool at resale, so strata documentation and council disclosures must be reviewed before commitment. On the opportunity side, the recent softening in Warriewood unit prices means newer properties like this one may now be priced more realistically than during the peak, and the dual parking is a lasting differentiator that holds value across market cycles.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 2/34 Lorikeet Grove, Warriewood NSW 2102
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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.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

2

Land

1351mยฒ

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