604/5 Sharp Street, Belmont NSW 2280

604/5 Sharp Street, Belmont NSW 2280
Large 4-bed apartment in Belmont | 155m² with two car spaces | Ducted air and master suite | Flood overlay noted | Owner-occupier appeal This apartment is positioned well above standard Belmont unit stock. A four-bedroom configuration is uncommon in the local apartment market, and the generous 155 square metres with two secure car spaces offers genuinely rare space for a suburban apartment. Ducted air conditioning, a master suite with walk-in robe and ensuite, and an additional powder room are included, giving the property a finish that competes more with townhouses than typical flats. It is most likely to be suited to downsizers leaving a larger home or families who want apartment-scale living without compromising on parking or room sizes. The school catchment placement and Lake Macquarie location further strengthen its owner-occupier appeal. The flood overlay noted on the profile may be a material factor for some buyers, potentially influencing insurance costs and site risk perception. The estimated rental yield is modest, which might confirm that value here is driven by livability rather than investment return. With no floor level or aspect verified, orientation and outlook remain unknowns that could affect light, privacy, and ultimate desirability. These elements are worth weighing when forming a view on price.
Detailed Independent Property Report prepared  by PropCred Analyst team for 604/5 Sharp Street, Belmont NSW 2280
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Market Insight:

Belmont presents as a well-established lakeside suburb with a diverse and active market. Demand is driven by families seeking larger homes, first home buyers attracted to more affordable apartments, and investors drawn by its consistent long-term growth history. Recent price trends indicate steady performance, supported by a notably low supply of houses on the market, which underpins current conditions. Future growth is anchored in this historical resilience, though the market remains fairly valued and sensitive to broader economic factors like interest rate movements.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

3084m²

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