4/48 Avoca Street, Randwick NSW 2031

4/48 Avoca Street, Randwick NSW 2031
2-bed 1-bath 1-car | small low-rise strata | large 777mยฒ land | flood overlay noted | near health-education hub This unit sits within a small strata block on a notably large 777mยฒ site which is uncommon for apartment stock in the area. Its configuration of two bedrooms one bathroom and a single car space is a standard but enduringly popular layout in Randwick, especially given its proximity to the medical and university precinct. The location is strong, with established demand from professionals and investors alike, and the property benefits from being in a low-rise building on a generous land holding. For a buyer seeking a practical home or investment in a high-demand inner-east pocket, this combination of size and position offers genuine appeal. The presence of a flood overlay on the property record may warrant further due diligence though it is not uncommon in parts of Randwick. The lack of confirmed details on internal finishes, aspect, or renovation level means that the condition of the unit could vary significantly and should be inspected closely. Additionally, the inconsistent floor area figures across sources might affect how buyers compare it to similar units so a physical measurement is advisable before forming a price view.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 4/48 Avoca Street, Randwick NSW 2031
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Market Insight:

Randwick presents a premium coastal lifestyle, attracting buyers seeking a balance of beaches, parks, and urban amenities. This appeal drives consistent demand, particularly for units, which demonstrate higher turnover than houses. Recent price growth is evident across both property types, though the market currently sits below its long-term trend, indicating potential for future appreciation. Key considerations include high entry prices and sensitivity to broader economic cycles.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

95mยฒ

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