65 Reina Street, North Bondi NSW 2026

| 3-bed house on 242sqm | North Bondi pocket | No flood or bushfire risk | Last sold 2018 | Waverley council | This property offers a rare configuration in a street where houses trade at a premium, as seen with the recent $4.52 million sale at number 25. The 242sqm block is compact but functional for a 3-bedroom house, and its location within Waverley council with no environmental risk gives it a clean due diligence profile. It suits buyers seeking a lower-maintenance family home or a renovation opportunity in a tightly held street where demand is driven by proximity to Bondi Beach and village amenities. The key risk is the absence of recent sale evidence for this specific house, meaning the $3.59 million estimate may not reflect condition or market movement since 2018. Renovation costs could push total investment past comparable sales, so a pre-purchase inspection is essential. The opportunity lies in the street’s proven capital growth trajectory and the limited supply of houses on this block size. Hold for medium-term appreciation or renovate to unlock value, but do not overpay without a clear cost plan.