1/49 Knox Street, Belmore NSW 2192
1/49 Knox Street, Belmore NSW 2192
2-bed with car space in small block | park-side setting | suits first home buyers and downsizers | generous 67sqm floorplan | older 1980 build limited amenities
This unit is set in a small block of only six, which offers a quieter feel than many larger complexes. Its park-side position provides a green outlook and a tranquil setting, a rare advantage for suburban apartments of this era. The 67sqm floorplan is generous for a two-bedroom layout, particularly given the dedicated car space โ a feature that adds real convenience. The 1980 build era means solid construction and spacious rooms, though finishes may not match newer stock. This property serves well for first home buyers looking for an affordable entry into Belmore, or for downsizers wanting a manageable home in a peaceful location. The combination of size, parking, and small block living gives it a distinct edge over typical two-bedroom units in the area.
The age of the building may mean that some internal finishes are original and would benefit from updating, which could affect the property’s immediate move-in appeal. The small block format might also mean higher ongoing maintenance contributions compared to larger complexes, depending on how sinking funds are managed. These factors should be weighed when forming a view on price, as they can influence both short-term livability and long-term holding costs.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 1/49 Knox Street, Belmore NSW 2192
Market Insight:
Belmore presents as a well-established suburb with strong transport links, appealing to both families and investors. Demand is driven by its accessibility and a mix of housing stock, with houses seeing particularly robust competition. Recent price trends show solid growth in the housing segment, though the unit market has experienced some softening. Future growth is underpinned by consistent sales activity and high auction clearance rates, yet the market remains sensitive to broader affordability constraints and economic conditions.