9/9 Ramsay Street, Collaroy NSW 2097

9/9 Ramsay Street, Collaroy NSW 2097
north-east aspect with dual balconies | modern kitchen and bathroom | under 200m to beach | quiet complex with garage | recent comparable sales support price The unitโ€™s north-easterly orientation and dual balconies are rare in this price band, giving it genuine light and airflow advantages over most Collaroy two-bedroom units. The modern kitchen and new bathroom remove immediate renovation costs, which typically run $60,000โ€“$80,000 for this floorplan, so the buyer is paying for finish rather than future work. Positioned under 200 metres from the beach and opposite reserve, it suits owner-occupiers prioritising lifestyle convenience over square footage, or investors targeting the reliable short-stay market. Recent sales in the same complex at $900,000 and $990,000 confirm the building holds value, though this unitโ€™s upgrades should command a premium within that range. The main risk is the compact internal footprint: one living area and a laundry in the kitchen limit appeal for couples who work from home or need separate zones. The 96-square-metre lot is typical for a unit, but the complexโ€™s high turnover,80 per cent of owners held under three years,suggests limited long-term community stability, which can soften resale demand in a slower market. On the opportunity side, the garage adds rare secure parking for this pocket, and the ceiling fans and cross-flow from balconies reduce cooling reliance. Hold this property as a permanent beachside base or a low-maintenance rental yielding around 3.5 per cent, and expect steady capital growth in line with the suburbโ€™s 28 per cent lift since 2016.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 9/9 Ramsay Street, Collaroy NSW 2097
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Market Insight:

Collaroy is a tightly held, family-dominated suburb with high outright ownership, underpinning its stability and appeal for long-term residency. Demand is driven by families seeking excellent schools and beachside community, supporting steady price growth despite current market headwinds. Recent conditions show a stable but modest sales environment with low rental yields, indicating a market prioritising lifestyle over investment returns. Future growth remains anchored in its enduring desirability, though affordability and limited turnover present constraints.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

96mยฒ

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