347 Belmont Street, Alexandria NSW 2015
347 Belmont Street, Alexandria NSW 2015
3 bed | 1 bath | 276 m² freestanding house | scope to renovate or rebuild | dual-access block in a quiet cul-de-sac
This is a land-rich opportunity in a tightly held part of Alexandria, where detached houses on a 276 m² parcel are scarce. The property is marketed as a renovation or rebuild proposition, meaning its value sits primarily in the site and location rather than the existing structure. It sits on a dual-access block in a quiet, tree-lined cul-de-sac close to Sydney Park, local cafés, and transport links to the city and airport. This configuration best suits an owner-occupier wanting a detached home near the CBD, an upsizer moving from a unit into a house, or a buyer looking to design a custom residence on a prime inner-city lot.
The absence of parking and the dated single-bathroom layout may limit immediate appeal for some buyers, but these are typical constraints for a house of this era and are often addressed during a renovation or rebuild. The wide spread in indicative valuations suggests the market has not yet settled on a clear price point for this property, so a buyer should weigh the cost of redevelopment against comparable finished homes in the area. The redevelopment potential and dual-access site are the strongest drivers of value here, but the final price will depend on how a buyer values the land versus the cost and risk of building.
Detailed Independent Property Report prepared by PropCred Analyst team for 347 Belmont Street, Alexandria NSW 2015
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
1
URL has been copied successfully!
Market Insight
Alexandria is a suburb in transition, positioned as a central hub within the broader inner-south precinct undergoing significant urban renewal. Demand is driven by homebuyers seeking proximity to the city and investors attracted to steady rental returns. Recent price trends indicate a market currently below its long-term trajectory, with conditions reflecting a more measured growth phase. Future performance will be influenced by ongoing infrastructure development and broader economic factors, presenting both opportunity and sensitivity to market cycles.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
-
Land
276m²
URL has been copied successfully!