248 Forest Road, Bexley NSW 2207

3 bed house on 586sqm in Bexley | auction late June 2026 | $1.8M estimated value | 3 parking spaces This property presents a clear buying case for a family seeking a detached house on a mid-sized block in an active Sydney south market. The three-car parking and two bathrooms give it a practical edge over many older homes in Bexley, and the auction campaign signals the vendor expects competitive interest. For a buyer who values land and parking over cosmetic finish, this positions well as a home to occupy or hold. The main risk is that the $1.8M estimate may be optimistic if the property requires significant updating, which is unconfirmed. Auction campaigns can push prices above intrinsic value in a hot market, so set a firm ceiling. The opportunity lies in the land size and parking configuration, which are harder to find in this suburb. If bought at or below estimate, it offers solid long-term holding value for a family or as a future development site.