28 Bazentin Street, Belfield NSW 2191

28 Bazentin Street, Belfield NSW 2191
| listed for auction | 3-bedroom potential cap | no heritage overlay | oversized alfresco zone The primary risk is the landholding cost at $1,821,000-$1,901,000 for a 550mยฒ block with only 37% site coverage, limiting future extension options without council approval. The oversized alfresco and secure parking provide immediate lifestyle value, but the buyer loses approximately $40,000 annually in holding costs if renting at median $945/week. This property should be considered as a medium-term hold, not a development flip. The competitive strength is the rare combination of a legal 550mยฒ block with no flood or bushfire constraints in a 70% owner-occupied street. Built-in robes and split system air conditioning reduce immediate upgrade costs for a family buyer. This best suits a buyer seeking a move-in ready home with outdoor entertaining capacity who can accept a 3.8-4.0% gross rental yield. **Book a private inspection to confirm the alfresco orientation and verify the NBN connection quality before auction.**

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Belfield presents a dual-market dynamic, appealing to established families seeking larger homes and to first-home buyers or downsizers drawn to its significant apartment segment. This diverse demand underpins a robust housing market, with houses demonstrating strong capital appreciation while units offer more accessible entry points and higher rental yields. Recent conditions show houses transacting relatively swiftly, indicating sustained buyer interest. Future growth is supported by its established residential character and infrastructure links, though its appeal to multiple buyer cohorts suggests sensitivity to broader affordability pressures and interest rate movements.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

2

Land

550mยฒ

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