3/6 Glenwood Avenue, Coogee NSW 2034

3/6 Glenwood Avenue, Coogee NSW 2034
top-floor north-facing Art Deco rarity | quiet cul-de-sac, light on three sides | recent neighbour sale confirms strong demand | ideal for downsizer or coastal investor The buying case rests on scarcity and orientation. This is one of only four units in a boutique 1930s block, and the top-floor north-facing position with windows on three sides is the best configuration in the building. That layout delivers natural light, cross-ventilation, and privacy rarely found in beachside apartments at this price point. The quiet cul-de-sac location adds a layer of calm while keeping Coogee’s amenities walkable. For a downsizer seeking character and space, or an investor wanting a low-supply holding in a high-demand suburb, this unit offers a genuine edge over newer but generic stock. The recent April sale of unit 2 for $1.635 million validates the building’s value ceiling and suggests room for further appreciation. The primary risk is the 20-year holding period of the current owner, which may mean the property needs updating to achieve that comparable price. No recent sales history for this exact unit makes valuation slightly less precise, though the neighbour sale provides a strong benchmark. The opportunity lies in the building’s small size and owner-occupier stability, which typically results in lower turnover and more motivated sellers. A buyer prepared to refresh interiors could capture immediate equity upside, particularly given the building’s estimated whole-value of $1.84 million for similar units. No rental data is available, but the top-floor position and natural light should support strong tenant demand if required.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 3/6 Glenwood Avenue, Coogee NSW 2034
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Market Insight:

Coogee presents a sharply divergent market, with its premium house segment demonstrating exceptional capital growth, significantly outpacing broader Sydney. This demand is driven by robust competition for limited stock, evidenced by swift sales periods. In contrast, the unit market remains stable but subdued, with rental yields offering relative value. Future growth is anchored in sustained desirability and tight supply, though the market’s premium positioning inherently carries sensitivity to broader economic shifts.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

-

Land

422mยฒ

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