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
2
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
2
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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.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
-
Land
276m²
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