7/91 West Esp, Manly NSW 2095
7/91 West Esp, Manly NSW 2095
2/1/1 apartment | 106.9 m² | Manly Cove frontage | school catchment | premium coastal stock
A generous 106.9 m² floor plan is presented for a two-bedroom apartment, which is considered a spatial rarity in this waterfront pocket. The property is positioned along West Esplanade, where immediate proximity to Manly Cove, the wharf, and the village strip is seen as a locational strength. This apartment is best suited to downsizers and professional couples who desire a lock-and-leave property without compromising on room sizes. A practical layer is added by the school catchment, including Manly Village Public School, for long-term residency. A combination of size, location, and configuration is not commonly found in this immediate market.
The property may be subject to building age considerations, which could influence maintenance expectations. The floor level and view orientation have not been verified, and the perceived value might be materially affected by these factors. Further due diligence might be required due to a potential flood overlay in the broader waterfront area, though this is not confirmed for the property itself. The generous internal size and premium location may be seen as offsetting factors. The trade-off between lower yield and long-term capital growth should be weighed by buyers.
Detailed Independent Property Report prepared by PropCred Analyst team for 7/91 West Esp, Manly NSW 2095
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Manly’s premium beachside position sustains demand from high-income professionals, families and Sydney commuters, with house values around $4.5 million and weekly house rents near $2,000. Ferry access to the CBD supports the lifestyle appeal, though limited rail, parking constraints and thin sales volume—roughly 55–59 houses annually—keep turnover tight, averaging 68 days on market. Recent price trends are mixed: house growth ranges from −2.07% to +13.6% depending on the source, while unit medians sit near $1.75–$1.8 million with annual growth between −3.9% and +6.1%. Investors favour units for their higher rental yield (about 3.2% versus 1.9% for houses) and faster turnover. Forward drivers remain tied to the desirability of the coastal address and ferry connectivity, but high entry prices, rate sensitivity and low housing supply are decisive constraints on future appreciation.
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PropCred Estimated Value
Comparable Sales: 27/91 West Esplanade sold $2.09M (2022); 501/95 West Esplanade sold $4.625M (2026) | Property Price Band: $2.2M–$2.3M | Value Drivers: spacious layout, waterfront location, renovation opportunity
Bedrooms
2
Bathroom
1
Parking
1
Land
1479m²
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