22 Bayview Road, Canada Bay NSW 2046

Newly built five-bedroom | Tight 398sqm block | Canada Bay prestige pocket | Owner-occupier street profile This is a newly constructed five-bedroom house on a compact 398sqm block in Canada Bay, a location that commands a premium for quality over land. The property’s competitive strength lies in its modern architectural finish and the rarity of a five-bedroom configuration in this immediate area, which suits families seeking space without the maintenance of a larger allotment. The 80% owner-occupier street profile signals stable demand and limited rental turnover, reinforcing its appeal for those planning to live in it long-term. The school catchment—Concord High and Five Dock Public—adds practical value for buyers with children. The main risk is the price per square metre, which sits at the high end for the suburb and leaves limited room for capital growth in the short term, especially given the recent 2024 sale of a three-bedroom version for $2.075m. Buyers should treat the $3.75m guide as a ceiling, not a floor. The compact rear yard limits extension potential, but the property’s zoning and off-street parking offer flexibility for a home office or studio. Hold this property as a primary residence for at least seven years to absorb the premium paid for new construction.