9/11-13 Ocean Parade, The Entrance NSW 2261
9/11-13 Ocean Parade, The Entrance NSW 2261
Renovated third-floor unit | Water views from wrap-around balcony | Secure complex with lift and pool | Flood overlay flagged | Strong coastal rental demand
The buying case for this unit rests on its recently renovated condition and the rare combination of a wrap-around entertainer’s balcony with water views, which is competitively scarce in the local two-bedroom apartment market. The secure complex with lift access, pool, and visitor parking serves downsizers and holiday-home buyers well, while the short walk to beach, cafes, and town centre supports consistent rental demand from both long-term and holiday tenants. For an investor or lifestyle buyer, the property offers a move-in-ready position in a desirable coastal pocket.
The primary risk is the flood overlay, which may affect insurance costs and future resale appeal, though no bushfire or heritage overlays are present. Strata levies are material at over $1,275 per quarter, but are consistent with a well-maintained complex offering lift and pool amenities. The opportunity lies in the property’s rental yield potential, with estimates around $600–$630 per week, and its appeal to a demographic skewed toward retirees and lifestyle buyers who value security and proximity to the waterfront.
Detailed Independent Property Report prepared by PropCred Analyst team for 9/11-13 Ocean Parade, The Entrance NSW 2261
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
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
2
Parking
1
Land
2980m²
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