48A Baltimore Street, Belfield NSW 2191
48A Baltimore Street, Belfield NSW 2191
3 bed 1 bath on 955sqm | flood overlay flagged | land-rich family house | flexible parking and yard
This property is competitively rare because its land size is substantially larger than what is typical for a detached house in this part of Belfield. The 955sqm block, combined with flexible off-street parking and a fully fenced yard, positions it as a strong candidate for owner-occupiers seeking space for a growing family, multigenerational living, or a future renovation or rebuild. The existing configuration, three bedrooms, one bathroom, with ducted heating and cooling, a balcony, and an outdoor entertainment area, offers immediate liveability while the land itself holds the primary long-term value. This property best serves buyers who prioritise landholding and future flexibility over a turnkey finish.
The flood overlay detected on this property may affect insurance costs and could limit certain types of redevelopment or excavation without council approval. Buyers should weigh how this constraint might influence their intended use, particularly if a knockdown rebuild or major extension is planned. The low implied yield from the estimated rental figure suggests the price is driven by land value rather than income return, which may not suit investors focused on cash flow. The lack of confirmed building age or renovation history means the condition of the house should be verified through inspection before forming a final view on price.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 48A Baltimore Street, Belfield NSW 2191
Market Insight:
Belfield presents a dual-market dynamic, appealing to established families seeking larger homes and to first-home buyers or downsizers drawn to its significant apartment segment. This diverse demand underpins a robust housing market, with houses demonstrating strong capital appreciation while units offer more accessible entry points and higher rental yields. Recent conditions show houses transacting relatively swiftly, indicating sustained buyer interest. Future growth is supported by its established residential character and infrastructure links, though its appeal to multiple buyer cohorts suggests sensitivity to broader affordability pressures and interest rate movements.