507/18 Coral Street, The Entrance NSW 2261
507/18 Coral Street, The Entrance NSW 2261
2/1/1 with ocean views | fifth level | walk to beach and lake | flood overlay noted | residential occupancy only
This property is placed on the fifth level of a mixed-use coastal complex, with an open-plan living area that offers direct ocean views and a private balcony. The two-bedroom, one-bathroom layout is considered practical for downsizers or investors, with secure parking, lift access, and a pool. The central location is seen as a key advantage, placing the beach, lake, and town centre within walking distance, making it a compelling option for permanent coastal living or long-term rental. The residential occupancy title is understood to support conventional home use rather than short-stay operation, which is preferred by owner-occupiers and investors seeking stable tenants.
The flood overlay recorded for the property may be considered a risk by insurers or lenders, although no other environmental constraints were identified. Perceived exclusivity might be influenced by the mixed-use character of the building, though this also provides everyday convenience. The condition of the unit’s finishes and common areas may be weighed against newer alternatives. Rental demand is present in the area, but short-stay flexibility may be limited by the residential occupancy title, a feature that could be viewed differently by investors. These factors are likely to be reflected in the eventual sale price.
Detailed Independent Property Report prepared by PropCred Analyst team for 507/18 Coral Street, The Entrance NSW 2261
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
URL has been copied successfully!
Market Insight
The Entrance is a stable coastal market defined by long-term growth: a 10-year CAGR of 5.0% and median house prices ranging from $950,000 to $1.13 million. Short-term indicators diverge—one data set shows a 5% annual decline, another a 24.4% surge—with days on market spanning 54 to 128. Demand comes from a broad buyer mix, including first-home buyers, downsizers, and investors, reflecting the suburb’s 56.1% strata share and coastal appeal. With a predominantly 60–69-year-old population and 47 house sales in the past year, turnover remains steady. Pricing volatility and limited transaction volumes constrain near-term certainty, though the market sits near its long-term trend.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 506/18 Coral Street for $540,000 and a similar unit in the same building for $460,000 | Property Price Band: $500,000-$600,000 | Value Drivers: ocean views, layout, secure parking
Bedrooms
2
Bathroom
1
Parking
1
Land
10m²
URL has been copied successfully!