3/2 Eastbourne Avenue, Clovelly NSW 2031

3/2 Eastbourne Avenue, Clovelly NSW 2031
Fully renovated two-bedder in a boutique block | Blue Water security building with garage | Oversized internal layout This property’s core advantage is its less common combination of full renovation and generous floorplan within a small security block of only six units, which typically attracts owner-occupiers and limits rental churn. The oversized internal area at 118sqm is well above the Clovelly apartment norm, giving it a main buyer-relevant strength for buyers seeking space without moving to a house. The garage and low-density block positioning makes it most suitable for downsizers or professionals wanting lock-and-leave convenience in a high-demand coastal pocket. The main risk is the high proportion of renters in the building at around 70%, which can affect building care and financing for owner-occupiers. The lack of bushfire or flood overlay is a practical positive, but buyers should verify strata records for any upcoming special levies given the block age. The location near Clovelly Public School and reliable NBN adds practical value. Before an offer is made, the detailed report should test the valuation, comparable sales, rental evidence and site-specific risks rather than relying on the headline features alone.
Detailed Independent Property Report prepared  by PropCred Analyst team for 3/2 Eastbourne Avenue, Clovelly NSW 2031
Checks found:
Value Risk ! 1
Liquidity Risk
Planning Risk 2
Income Risk ! 1
Execution Risk ! 1
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Market Insight

Clovelly is a premium coastal suburb defined by its exceptional lifestyle and proximity to the city, attracting established families and professionals. Demand is driven by its desirability, resulting in a competitive market with strong long-term capital growth for houses, though the unit segment shows recent volatility. Future prospects are anchored in its enduring appeal, yet high price points and sensitivity to broader market conditions present inherent affordability and investment constraints.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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