21 Reserve Street, Beaconsfield NSW 2015
21 Reserve Street, Beaconsfield NSW 2015
Renovated character house|Separate studio/office|278 m² inner-city lot|4-bed flexible layout|Owner-occupier draw
The house is offered as a fully renovated character dwelling on a compact 278 m² parcel in Beaconsfield. Its strength is the unusual balance of period charm and modern function, with a self-contained studio/office at the rear adding genuine flexibility. The property is positioned within a solid owner-occupier precinct, where moderate lot sizes are common and family appeal is supported by nearby school access. That configuration is best suited to professional couples or small families seeking a low-maintenance yet characterful home, with the studio serving as a home office, guest space, or independent rental. The internal layout is described as light-filled and open-plan, with timber flooring and air conditioning throughout, reinforcing a practical, comfortable standard.
The property’s value may be affected by the small land size, which limits major expansion or subdivision potential. Parking is listed inconsistently across sources, which might be seen as a convenience issue for multi-car households. The recent driveway works application on a neighbouring lot is minor, but it signals ongoing local attention to access. The house’s price is likely to be most influenced by how well the studio complements a buyer’s daily needs, and whether the renovation quality is confirmed during physical inspection. These factors may support a premium, but they should be weighed against the overall constraints of the parcel.
>> Comparable Sales: 123 Victoria Street, Beaconsfield sold for $2,006,000 | Property Price Band: $2.1M–$2.2M | Value Drivers: renovated condition, 278 m² land size, separate studio/office
Detailed Independent Property Report prepared by PropCred Analyst team for 21 Reserve Street, Beaconsfield NSW 2015
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Beaconsfield, in inner Sydney, sits near Botany Road and Victoria Street, offering convenient access. Demand is driven by young professionals and childless couples, with nearly half renting and a high concentration aged 20-34. House prices have corrected sharply, falling 7.4% in the past year to a median near $1.9 million, after a 19.8% compound run; units are down 4.3%. Market conditions remain tight: houses sell in as little as 18 days, stock on market has fallen 25%, and house vacancy is just 2.67%. Gross yields are modest for houses at 3.1-3.55%, but units yield 5.4%, supported by strong weekly rents. Future growth hinges on continued low stock and high competition, though affordability constraints limit upside given elevated price points and thin turnover of roughly 30 houses annually.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
274m²
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