4/40 Park Parade, Bondi NSW 2026
4/40 Park Parade, Bondi NSW 2026
This two-bedroom, one-bathroom unit includes one car space and a modern kitchen with a dishwasher, both bedrooms have built-in wardrobes. It sits within a low-rise strata complex on a quiet Bondi street, close to the beach and local shops. The property is well positioned for buyers seeking a solid entry point into the Eastern Suburbs market, where two-bedroom units with parking are consistently in demand.
What is competitively strong here is the combination of a functional two-bedroom layout, dedicated parking, and a location that balances convenience with a quieter residential feel. The modern kitchen and built-in storage add practical appeal without requiring immediate work. This unit serves best as a long-term home for a young couple or small family, or as a reliable rental property given Bondi’s consistently high rental demand and low vacancy rates. Its position on Park Parade offers good access to transport and amenities while avoiding the noisier parts of the suburb.
The single bathroom is a constraint that may limit appeal for some buyers, particularly families or those seeking a higher resale ceiling. The property’s age and strata structure mean ongoing levies and potential for special levies should be reviewed carefully. The lack of disclosed floor level, aspect, and exact unit area means the property’s light, views, and privacy cannot be fully assessed without an inspection. These factors may influence how the unit compares to others in the same price bracket.
Detailed Independent Property Report prepared by PropCred Analyst team for 4/40 Park Parade, Bondi NSW 2026
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Bondi’s iconic coastal positioning underpins its premium status, attracting high-income professionals and young couples who drive strong demand. Recent house price growth has been robust, though unit performance is more varied, with a tight supply environment supporting a seller’s market. Future growth is anchored in its enduring appeal and limited stock, yet significant affordability constraints and market sensitivity to interest rates present key risks for prospective buyers.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
1026m²
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