5/81-83 Ocean Parade, The Entrance NSW 2261
5/81-83 Ocean Parade, The Entrance NSW 2261
Modern unit | Northern aspect | Filtered ocean views | Walk-to-beach location | Flood overlay
This property presents a competitively strong offering due to its larger-than-average internal area and direct proximity to premier beachfront amenities, a combination rare for units in this market. The northern aspect and functional two-bedroom layout with quality finishes support a comfortable owner-occupier lifestyle, while the established rental history confirms its appeal to the investor or weekender seeking a reliable income stream in a high-demand location.
The primary decision factor is the flood overlay, a tangible risk that necessitates specific insurance due diligence and may impact long-term capital growth. The auction process and variable car space reporting require verified confirmation. For a buyer, the commercial logic is clear: secure a spacious, well-located unit for lifestyle use with income potential, accepting the environmental overlay as a priced-in condition of a premier coastal position. Proceed with targeted due diligence on strata health and flood specifics.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
The Entrance is a stable coastal suburb with a mature demographic, offering diverse housing options from apartments to family homes. Demand is driven by a mix of first-home buyers, downsizers, and investors attracted to its coastal lifestyle and long-term growth profile. Recent market conditions show varied short-term price movements, though the market is positioned near its long-term trend. Future growth is underpinned by its established community appeal and convenient amenities, while its higher proportion of strata housing presents a specific market dynamic.