2/30 Knox Street, Belmore NSW 2192
2/30 Knox Street, Belmore NSW 2192
North-facing semi on 205sqm | prime Belmore pocket near schools | renovation-ready two-bedder | last traded 2020, auction 16 May.
This property offers a rare combination of north-facing orientation and a compact yet usable 205sqm lot in a sought-after Belmore corridor near quality schools. Its semi-detached configuration with brick construction provides a solid shell for a buyer seeking entry-level value with renovation upside. The property serves best as a first home or a low-maintenance investment for those prioritising location and future equity growth over immediate turnkey condition.
The primary risk is the limited recent sales data for comparable two-bedroom houses in Belmore, which may create pricing uncertainty at auction. The 2020 last sale price offers a baseline, but without a guide price, buyers must rely on their own valuation. The opportunity lies in the propertyโs potential for a cost-effective cosmetic update to lift its market position, given its north-facing orientation and 122sqm floor area. Hold this property as a medium-term investment or live in it while capturing area appreciation.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
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.