11/20 Belmore Street, Burwood NSW 2134

Low-density Burwood apartment | 2-bed secure entry | quiet street position | strong rental yield vs median | quick sale indicator This unit sits in a low-density block of only 20, which is increasingly rare for central Burwood and gives buyers a genuine configuration edge over the newer high-rise stock flooding the suburb. The 2-bed 2-bath layout with secure parking suits both owner-occupiers seeking space and investors targeting the professional tenant demographic. With 70% renters in the building but 36% of residents staying over a decade, the building has stable tenure without being dominated by owner-occupier sentiment, meaning resale timing is more flexible. The quiet location within walking distance to Burwood Public School and Burwood Girls High School adds family appeal without the traffic noise. For a buyer, the key advantage is that this property offers the floorplan and amenity of a modern unit but in a smaller block where supply is constrained. The primary risk is that comparable sales in the building cluster around $830,000 to $850,000, and the suburb median sits at $938,000, meaning this unit may not capture the same premium as newer developments. The 70% renter split can affect lending appetite for some buyers and may limit capital growth relative to higher owner-occupier buildings. However, the 2-day market time suggests strong initial interest, and the building’s low turnover implies sellers here are not distressed. The opportunity is to negotiate firmly but quickly, using the recent $848,000 sale as a ceiling. Hold this property for rental income first, capital growth second, and refinance after two years of tenancy history to extract equity for the next purchase.