28 Alfred Street, Ramsgate Beach NSW 2217
28 Alfred Street, Ramsgate Beach NSW 2217
5 bed family house | ~354m² land | Torrens title rebuild | rooftop water glimpses | Bayside coastal pocket
This is a recently rebuilt, multi-level family house in a low-rise coastal pocket where older brick homes and boutique villas still dominate. What makes it competitively strong is the combination of five bedrooms, three bathrooms, internal-access double garage, and a rooftop terrace with water glimpses on a compact Torrens title block. That configuration is scarce locally and suits an owner-occupier family who wants new-build quality without strata involvement. The property reads as upper-end low-density stock for its micro-location: larger, more polished, and more finish-driven than the older housing around it, while still offering walkable beach, shop, and school convenience. It is best matched to local upsizers or lifestyle buyers seeking a low-maintenance house with genuine indoor-outdoor flow and a second living level.
Value may be shaped by how the market weighs the compact land size against the quality of the rebuild and the rooftop outlook. The 354m² footprint limits future extension potential, which might temper demand from land-banking buyers. Conversely, the newer construction, double brick build, and five-bedroom layout may command a premium from families who prioritise turnkey condition over yard space. Buyer sentiment could also be influenced by the street’s mixed character, where older villas and original houses sit beside redeveloped residences. The strength of the house itself, rather than the land, is likely to drive the final price.
Detailed Independent Property Report prepared by PropCred Analyst team for 28 Alfred Street, Ramsgate Beach NSW 2217
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Ramsgate Beach (NSW 2217) is a coastal Bayside suburb defined by scarce housing stock. Families drive house demand, while 43.3% strata concentration attracts first-home buyers and downsizers to units. House medians range from $2.1M (Q1 2025) to $3.25M with 16.9% compound annual growth reported; only six houses traded in 12 months, amplifying price sensitivity. Units show divergence: a $835K median versus $730K in Q1 2025, down 5.2% annually, improving entry affordability. Limited supply, zero planned house projects for 2025-26, and house rents up 2.9% to $900 weekly support a seller’s market. Risks include high house price points, low rental yields (2.4% houses), and a 15% drop in house sales to 23 in Q1 2025.
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PropCred Estimated Value
Comparable Sales: 1/35A Alfred Street sold for $1,628,000 | Listed Price Band: $2.1M–$2.2M | Value Indicator: rebuild quality, five-bed layout, rooftop terrace outlook
Bedrooms
5
Bathroom
3
Parking
2
Land
354m²
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