6/76-82 Bellevue Road, Bellevue Hill NSW 2023

6/76-82 Bellevue Road, Bellevue Hill NSW 2023
3 beds, 2 baths, dual parking | Boutique 2014 build | Stable owner-occupier building | Premium eastern-suburbs living This apartment occupies a strong position within Bellevue Hill’s limited boutique stock. Built in 2014, it offers modern construction and layout efficiency that many older prestige homes in the area lack. The building’s long average tenure of over 11 years signals a community of settled owners, which typically translates to well-maintained common areas and a quieter, more predictable living environment. For downsizers or executives seeking house-like comfort without detached maintenance, this unit’s configuration—three bedrooms, two bathrooms, and secure double parking—fits a practical, low-maintenance brief. Its location near Cooper Park and the eastern-suburbs retail and transport nodes adds everyday convenience to the suburb’s prestige cachet. This property serves buyers who prioritise move-in-ready quality and a stable neighbourhood over land size or renovation potential. Value may be shaped by how the unit’s internal condition compares to the building’s high-spec finishes, such as timber floors, Miele appliances, and heated bathroom floors, which are documented in similar units. The absence of a private garden or terrace for this specific apartment might temper appeal for buyers seeking outdoor space, though the building’s lift access and security offset that for many. Market context suggests this is an upper-price, lower-yield segment, so investment buyers might weigh rental returns against long-term capital growth in a prestige suburb. The 2014 construction year and the building’s boutique scale could support price resilience, but any premium depends on how this unit’s aspect and floor level compare to others in the complex.
Detailed Independent Property Report prepared  by PropCred Analyst team for 6/76-82 Bellevue Road, Bellevue Hill NSW 2023
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk
Income Risk
Execution Risk ! 1
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Market Insight

Bellevue Hill is a prestige Sydney enclave where detached houses trade around $11.8–$12.2 million, having risen 7.7–21.9% over the past year depending on the index. Demand is driven by high-income professional couples with children, a cohort that dominates the 30–39 age bracket and services mortgages above $4,000 monthly; owner-occupancy is high at 64%, and strong school catchments reinforce family appeal. Tight supply, with just 2.9% of stock on market versus a 5% NSW average, supports competition, while houses sell in a median 38 days. Yet the market is narrow: only about 70 house sales occur annually, and the gross house yield is a thin 1.09%. Units present a different picture, with median prices near $1.65 million and a softer 2.78% yield, while unit values have fallen 12.75% over the year—a sign of rate sensitivity. Future growth hinges on limited land and sustained professional demand, but affordability constraints and buyer rate exposure remain the primary brakes, particularly in the higher-turnover unit segment.
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PropCred Estimated Value

Comparable Sales: 4/76-82 Bellevue Rd sold $2.875M in 2012; 6/76-82 Bellevue Rd sold $3.05M in 2014 | Property Price Band: $3.0M–$3.1M | Value Drivers: Modern build quality, secure parking, stable owner-occupier building

Bedrooms

3

Bathroom

2

Parking

2

Land

2508m²

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