21 Trevelyan Street, Botany NSW 2019
21 Trevelyan Street, Botany NSW 2019
3 bed, 3 bath renovation | 368sqm Botany lot | premium street, 90% owner-occupied | auction 6 June
The property’s competitive strength lies in its comprehensive renovation from a single bathroom to three, a rare upgrade that positions it as a turnkey offering in a street with 90% owner-occupancy and 57% long-term residents. This configuration edge suits a buyer seeking a finished house with no immediate capital outlay, particularly a family or downsizer valuing modern bathrooms and a stable neighbourhood. The 368sqm lot, while not oversized, is typical for Botany and supports the premium positioning, with the renovation effectively resetting the property’s age and appeal.
The primary risk is the premium implied by the renovation, which may narrow the buyer pool at auction if comparable sales do not fully support the uplift. The 2020 purchase price of $1,175,000 suggests significant value-add, but the buyer must verify whether the renovation cost aligns with market expectations for the street. Opportunity lies in the strong owner-occupier profile, which reduces turnover risk and supports long-term holding. The property is best used as a primary residence, with the renovation delivering immediate lifestyle benefit and potential for capital growth if Botany’s median trajectory continues.
Detailed Independent Property Report prepared by PropCred Analyst team for 21 Trevelyan Street, Botany NSW 2019
Checks found:
Value Risk
✕
2
Liquidity Risk
✓
Planning Risk
✓
Income Risk
✓
Execution Risk
✓
Market Insight
Botany presents a compelling blend of industrial proximity and residential appeal, attracting downsizers, investors, and entry-level buyers seeking a live-work lifestyle near major employment hubs. Demand is underpinned by significant forecast population growth, which starkly outpaces new housing supply, creating competitive market conditions. While recent price growth has been modest, placing values below their long-term trend, the fundamental supply-demand imbalance suggests strong future upward pressure, though affordability and constrained development remain key constraints.
PropCred Estimated Value
Bedrooms
3
Bathroom
3
Parking
1
Land
368m²
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