Crest sees Woolooware Bay apartment sales continue

More than 90 per cent of 118 apartments offered at the Crest complex in Woolooware Bay Town Centre in the Sutherland Shire were sold on Saturday.

Downsizers, young professionals and first-timers were prominent among the buyers.

Even the local NRL coach's family bought into the complex. 

Prices range from about $615,000 for a one-bedroom with a single car park to $1.75 million, for a three-bedroom with two car spaces.

In 2014 more than $100 million of property, or 177 apartments of the 220 available, saw contracts exchanged at the launch of Woolooware Bay town centre and residential community development.

The Sutherland Shire development is on land owned by the Cronulla Sutherland Leagues Club, and is on a 10-hectare site which was billed will have 600 apartments, a Sharks Club and a 17,700 square metre retail and medical centre.

The 2014 launch also saw first home buyers, young families, downsizers and retirees purchasing - with 95% local buyers.

Prices ranged from $450,000 for one-bedroom apartments, $575,000 for two-bedroom apartments and from $860,000 for three-bedroom apartments.