28 Beveridge Drive, Green Point NSW 2251
28 Beveridge Drive, Green Point NSW 2251
Detached house on 634sqm | 29% building coverage | Solar detected | 23m elevation | Central Coast family pocket
The 634sqm lot with only 29% building coverage offers a rare configuration edge in Green Point, giving a buyer genuine scope to extend or reconfigure without the constraints of a tight block. The 23-metre elevation and solar installation reduce ongoing costs and improve passive thermal performance, which matters in a suburb where 4-bedroom houses trade at a median of $1.34 million. This property is best suited to a family or investor looking for a long-term hold in a predominantly owner-occupied street with 85% owner residency and low turnover.
The absence of bushfire, flood, or heritage overlays removes costly compliance risk, but the 2001 purchase price of $317,000 means the current vendor holds significant equity and may not be under pressure to discount. The 20-day average time on market suggests demand is steady but not aggressive, so a buyer should test the upper end of the valuation range with a pre-approved offer. Hold this property for its land-to-building ratio and elevation advantage, not for immediate rental yield.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Green Point is a well-established Central Coast suburb offering a stable residential market underpinned by its location and lifestyle amenities. Demand is supported by long-term fundamentals, with the house market demonstrating consistent growth and a brisk sales environment. Recent trends indicate stabilisation at fair value following a period of expansion, though the broader market remains sensitive to economic conditions and interest rates. The unit market presents a divergent, weaker trajectory compared to houses.