3 Lombard Street, Balgowlah NSW 2093
3 Lombard Street, Balgowlah NSW 2093
Detached house on 413 m² | Three bedrooms, single bath | Leafy Balgowlah street | Village and harbour minutes away | Family first-home demand
The property is positioned as a scarce entry point into Balgowlah’s detached house market. Its 413 m² footprint is compact but serviceable, and the three-bedroom, one-bathroom layout is regarded as functional for families or renovators. Lombard Street’s leafy, quiet character is consistently highlighted, with proximity to village retail, city transport, and harbour walks understood to drive steady demand. For a first-home buyer or small family, the house offers a rare chance to secure land in a premium Northern Beaches pocket without entering the apartment segment.
A premium is likely to be constrained by the single bathroom and modest land size, with orientation and extension potential seen as key variables. Buyer perception may be influenced by the current internal condition and layout practicality. A disciplined approach is advised, as low yield and high entry price may narrow the buyer pool.
Detailed Independent Property Report prepared by PropCred Analyst team for 3 Lombard Street, Balgowlah NSW 2093
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
2
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Market Insight
Balgowlah is a sought-after Northern Beaches suburb characterised by high owner-occupancy and a family-oriented demographic. Demand is driven by established professionals seeking family homes, supported by strong long-term capital growth. The market demonstrates consistent performance, with houses and units both experiencing solid appreciation. Future prospects are underpinned by its enduring appeal, though the high proportion of apartments introduces a supply dynamic that moderates the exclusively premium house segment.
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PropCred Estimated Value
An estimated value of $2.25M, lifted by 3 per cent for current market conditions, implies a price band of $2.20M to $2.42M. A recent four-bedroom sale on a smaller block within the same street in late 2024, alongside an older freestanding home on a larger parcel, anchors this range meaningfully, th
Bedrooms
3
Bathroom
1
Parking
2
Land
439m²
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