2/15 Begonia Street, Pagewood NSW 2035
2/15 Begonia Street, Pagewood NSW 2035
North-rear townhouse | double garage | 3 levels | private Bay Street entry | 199 sqm
A genuine placement advantage is held by this townhouse within the Fairways complex. A private street entrance, three-level layout, and double garage are combined in a way that gives it the feel of a small house rather than a standard strata unit. The north-facing rear terrace and separate family room with alfresco access are oriented to capture the kind of indoor-outdoor flow that families typically pay a premium for in Pagewood. At 199 sqm, this property is materially larger than many comparable townhouses in the suburb, and the early-2000s build has aged into a solid, low-maintenance shell with good storage throughout. Growing families are best served by this property, particularly those seeking space, convenience to Eastgardens, the airport and eastern beaches corridor, and a quiet, landscaped pocket with strong resale appeal. A tightly held complex with this configuration ensures that units of this type rarely remain on the market for long.
Value may be influenced by the condition of the kitchen and bathrooms, which appear original in places, though new carpet and fresh presentation improve immediate appeal. Strata levies of $1,199 per quarter are not insignificant, and buyers should weigh those against the double garage and shared garden setting. Some lots may carry flood overlay exposure; a planning certificate check would confirm that. Orientation and layout are strong enough that updating is unlikely to cap long-term growth, but price expectations might need to reflect fitout quality relative to refreshed comparables.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/15 Begonia Street, Pagewood NSW 2035
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
1
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Market Insight
Pagewood is an inner-south suburb undergoing transformation through redevelopment and infrastructure investment. It attracts families and professionals seeking proximity to the CBD and beaches at a relative discount. Demand is driven by urban renewal and improved amenity. Supply increases in parts can moderate growth. Price growth is steady with upside tied to continued gentrification. It is a transitioning inner-city suburb.
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PropCred Estimated Value
Comparable Sales: 15 Begonia Street sold for $1.025M in 2015 (3 bed, 1 bath) | Property Price Band: $1.5M–$1.6M | Value Drivers: north-rear aspect, three-level layout, double garage
Bedrooms
3
Bathroom
2
Parking
2
Land
1.35 ha
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