2/28 Terry Street, Blakehurst NSW 2221

2/28 Terry Street, Blakehurst NSW 2221
Duplex near park catchment | double brick construction | level rear yard | auction late May The double brick construction and level 354mยฒ block make this a rare low-maintenance family duplex in Blakehurstโ€™s tighter market. The floorplanโ€”three bedrooms with ensuite, open living flowing to a north-facing alfresco deck and level lawnโ€”suits buyers wanting move-in condition without compromise on outdoor space. Positioned within Connells Point Public and Blakehurst High catchments and walking distance to reserves, its strongest edge is offering a detached-feel townhouse for families priced below the suburbโ€™s house median. The auction date creates a defined timeline, which can pressure buyers into pre-offer decisions if comparable stock remains thin. The propertyโ€™s main risk is the price gap between the $1.3Mโ€“$1.43M search band and Domainโ€™s $2M+ house classificationโ€”this duplex sits in an ambiguous pricing zone that may attract both downsizers and first-home families, stretching the buyer pool. Hold as a long-term family home or rent for $1k weekly; the land and construction quality support capital stability without requiring immediate renovation.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 2/28 Terry Street, Blakehurst NSW 2221
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Market Insight:

Blakehurst is a well-established, family-centric suburb characterised by its leafy streets and waterfront appeal. Demand is driven primarily by professionals and managers seeking spacious homes in a quality school catchment area, supported by a high rate of outright ownership. The house market demonstrates robust capital growth, while the unit segment presents a divergent trend. Future prospects are underpinned by its enduring residential character and amenity access, though high price points and limited unit supply present notable affordability and diversity constraints.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

354mยฒ

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