6/15 Ocean Parade The Entrance NSW 2261
6/15 Ocean Parade The Entrance NSW 2261
North-facing unit | Security complex | Functional layout | Recent market listing | Priced near suburb comparables
This unit presents a functional entry into The Entrance market, but its value is constrained by limited internal detail and ambiguous historical sale data, which obscure true capital growth. The north aspect and security complex are standard for the area, not premium differentiators. Without clarity on building age, finishes, or strata health, a buyer assumes material due diligence risk. It suits a budget-conscious buyer seeking a simple hold, not a strategic investment.
Its competitive strength lies in its immediate positional alignment with recent, stronger sales in the same building, suggesting underlying complex desirability. The generous balcony and combined living area translate to practical livability for an owner-occupier or a tenant, serving best as a low-maintenance coastal foothold. This is a transaction for those prioritising location over property distinction.
Your next step is to pressure-test the strata report and inspect finishes to validate this price against its hidden obligations.
Recent sales at 15 Ocean Parade provide a direct value benchmark:
– Unit 11/15 sold for $580,000 in January 2026, demonstrating achievable price points within the building.
This suggests the subject unit’s estimate is positioned at a competitive entry point, assuming comparable condition.
Detailed Independent Property Report prepared by PropCred Analyst team for 6/15 Ocean Parade The Entrance NSW 2261
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
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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.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
1285m²
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