3/29-33 Waine Street, Freshwater NSW 2096

Large 2-bed floorplan | Owner-occupied complex | Steps to Freshwater Beach | Auction clearance 74% This property offers a rare combination of size and location within a stable owner-occupied building. The 90m² internal floor area is significantly above the median for a two-bedroom unit in Freshwater, and the total indoor-outdoor space exceeding 160m² positions it more like a small terrace than a standard apartment. The heavy owner-occupier ratio and long-term residency profile suggest a well-managed complex with low turnover risk, which typically supports stronger capital retention. For a buyer seeking a genuine coastal home rather than an investment-grade unit, this floor plan and building character provide a competitive edge in a market where days on market average only 18. The primary risk is the auction format in a market where clearance sits at 74% — not every property sells under the hammer, and overpaying in a competitive room is a real cost. The absence of recent building-specific sales data means the buyer must rely on suburb medians, which may not fully capture this unit’s size premium. The childcare centre next door introduces potential noise during weekday hours, though it also adds convenience for families. A sensible approach is to bid with a firm ceiling based on comparable large two-bedroom units in owner-occupied blocks, not the broader apartment median. Hold this property as a long-term home; its configuration and location are better suited to lifestyle ownership than short-term flipping.