1/22-24 Blaxland Road, Bellevue Hill NSW 2023

1/22-24 Blaxland Road, Bellevue Hill NSW 2023
2-bed unit in Bellevue Hill | small block of 7 | no parking listed | downsizer appeal | premium school catchment This two-bedroom unit is positioned within a small seven-dwelling block on Blaxland Road. Its compact scale is considered a rare entry point into a suburb dominated by grand detached houses. It is expected to appeal most to downsizers or professional couples wanting a low-maintenance base near Bellevue Hill Public School and Rose Bay Secondary College. The building’s owner-occupier character is seen as a positive signal, supporting stable, well-cared-for common areas. No parking is listed, but this may be accepted by those prioritizing location over car convenience. The lack of parking is considered a limitation for car-dependent families, though not for inner-east buyers. The price may be influenced by condition, natural light, and renovations. A reference is given by the 2017 sale at $2 million, but market movements may have shifted values. A smaller footprint should be weighed against strata costs and future levies.
Detailed Independent Property Report prepared  by PropCred Analyst team for 1/22-24 Blaxland Road, Bellevue Hill NSW 2023
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk ✓
Income Risk ! 1
Execution Risk ! 1
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Market Insight

Bellevue Hill is a prestige suburb defined by its luxury housing market and high owner-occupancy. Demand is driven by affluent professionals and families, attracted by its prime location, low property supply, and access to quality schools. While house prices have shown strong recent growth, the unit market has experienced a correction. Future performance hinges on sustained demand from this narrow buyer pool, with key risks being affordability constraints and sensitivity to economic conditions.
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PropCred Estimated Value

Comparable Sales: 5/22-24 Blaxland Road sold $2.5M in 2021 | Listed Price Band: $2.3M-$2.4M | Value Indicator: condition, parking availability, light and aspect

Bedrooms

2

Bathroom

2

Parking

-

Land

764m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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