5/14-16 Melvin Street, Beverly Hills NSW 2209
5/14-16 Melvin Street, Beverly Hills NSW 2209
2-bed apartment | 2000 build | secure parking | walk to shops | flood-data conflict
This unit holds a practical edge for its age: a 2000 build with split-system air, built-in robes, and a balcony, all within a security complex. Its 100 m² internal area is generous for a two-bedder, giving it a more spacious feel than typical modern stock. Positioned in Beverly Hills’ apartment pocket, it suits owner-occupiers and investors who want low-maintenance living near the station, restaurant strip, and public schools. The 2/1/1 layout with secure parking covers the essentials without excess, making it a steady choice for downsizers or first-timers seeking convenience over land.
The main value question hinges on flood risk, as one profile flags it while planning data does not—this should be checked in the contract before committing. Price growth in this building has been modest, with later sales echoing earlier ones, so capital appreciation may hinge on broader suburb demand rather than unique features. The rental estimate of $650 weekly offers a reasonable yield, but the unit’s lack of floor-level detail and its position in a low-rise complex may limit premium pricing. Condition and presentation will matter most at sale time.
Detailed Independent Property Report prepared by PropCred Analyst team for 5/14-16 Melvin Street, Beverly Hills NSW 2209
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Beverly Hills, in Sydney’s southern corridor, benefits from King Georges and Moorefield Roads. House prices sit near $1.8M, with annual growth of only 2.2% and a recent 12-month decline of 1.4%. Units outperform: medians around $790,000, up 7.9–9.2% yearly, with gross yields of 4.2%. Demand is driven by a tight rental market and an undersupply of new houses—only units and townhouses are planned, including Narwee Parklands Seniors Housing. Yet sales volumes have contracted sharply: house sales fell 32.3% in Q1 2025, signalling affordability constraints and rate sensitivity. Future growth hinges on $111.9M in infrastructure works and sustained rental demand, but falling turnover and lack of new house supply temper the outlook.
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PropCred Estimated Value
Comparable Sales: Unit 9/14-16 Melvin Street sold $603,000 in 2019; Unit 2/14-16 Melvin Street sold $502,000 in 2013 | Property Price Band: $600,000–$700,000 | Value Drivers: internal size, secure parking, walkability, flood-risk verification
Bedrooms
2
Bathroom
1
Parking
1
Land
1035m²
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