5/150 Old South Head Road, Bellevue Hill NSW 2023
5/150 Old South Head Road, Bellevue Hill NSW 2023
Boutique strata block | 2-bed likely layout | Security lift access | Strong eastern suburbs demand | Views possible but unconfirmed
This unit sits within a small, secure apartment building on Old South Head Road, a location that balances Bellevue Hill’s quiet residential character with quick access to Bondi Junction, Bondi Beach, and Rose Bay. The block’s boutique scale—only about 13 apartments with two per floor—means it offers more privacy and lower traffic than larger complexes, and the presence of lift access, intercom security, and lock-up garage parking makes it a practical choice for owner-occupiers and investors alike. Renovated units in the building have featured quality upgrades like hardwood floors, modern kitchens, and automated blinds, suggesting the property has strong potential if similarly finished. The likely 2-bed, 1-bath, 1-car configuration suits downsizers, professionals, or small households seeking an established eastern suburbs address with walkable convenience and a blue-chip postcode.
Value may hinge on the unit’s specific floor level, aspect, and renovation condition, which are not confirmed. A higher position with ocean or district views could push pricing toward the upper end of the local range, while a lower or street-facing placement might trade at a discount due to noise or reduced outlook. The building’s older strata structure may also carry higher ongoing levies or limited scope for major updates, so buyers should weigh outgoings and the quality of common areas when forming a view on price. Rental demand appears solid, with comparable units achieving around $950–$1,000 per week, which supports investment appeal.
|| Comparable Sales: 12/150 Old South Head Road sold for $1.52M; 7/150 Old South Head Road marketed as 2-bed with views | Property Price Band: $1.4M–$1.5M | Value Drivers: renovation level, aspect and views, parking and storage
Detailed Independent Property Report prepared by PropCred Analyst team for 5/150 Old South Head Road, Bellevue Hill NSW 2023
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
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Market Insight
Bellevue Hill is a prestige suburb defined by its luxury housing market and high owner-occupancy. Demand is driven by affluent professionals and families, attracted by its prime location, low property supply, and access to quality schools. While house prices have shown strong recent growth, the unit market has experienced a correction. Future performance hinges on sustained demand from this narrow buyer pool, with key risks being affordability constraints and sensitivity to economic conditions.
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PropCred Estimated Value
Comparable Sales: 12/150 Old South Head Road sold for $1.52M; 7/150 Old South Head Road marketed as 2-bed with views | Property Price Band: $1.4M–$1.5M | Value Drivers: renovation level, aspect and views, parking and storage
Bedrooms
2
Bathroom
1
Parking
1
Land
1196m²
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