73/2-8 Belair Close, Hornsby NSW 2077
73/2-8 Belair Close, Hornsby NSW 2077
Top-floor penthouse | 206sqm internal with wraparound terrace | Boutique complex near Westfield Hornsby | Flood risk present
This property presents a rare configuration for the suburb, combining a top-floor penthouse position with a substantial 206sqm internal area and a private wraparound terrace. This scale and layout are atypical for Hornsby apartments, which are generally smaller units, creating a competitive edge for buyers seeking a low-maintenance yet spacious residence. It best serves downsizers or lifestyle-focused buyers who prioritise light, privacy, and direct access to the town centre’s amenities over additional bedrooms.
The primary decision factor is the identified flood risk, which imposes potential insurance premiums and resale complications that directly impact long-term cost and liquidity. The strong rental yield near 5% provides a clear commercial logic for investors, while the premium penthouse attributes support capital retention for owner-occupiers. Consider this property a hold for lifestyle or yield, contingent on a specialised valuation and detailed flood due diligenceour property report precisely calibrates the real market value against these specific locality risks and strata checks.
Recent comparable sales in the immediate complex provide a credible value benchmark. A three-bedroom unit in the same building complex last sold for approximately $880,000, though it offered less internal space. This indicates your subject penthouse, with its larger, rarer format, should command a premium, supporting the current estimated value range.
Detailed Independent Property Report prepared by PropCred Analyst team for 73/2-8 Belair Close, Hornsby NSW 2077
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Hornsby is a well-established suburb positioned as a family-centric hub with excellent transport links and high-performing schools. Demand is driven by dual-income professionals and families seeking lifestyle and connectivity, creating a competitive market with limited supply. Recent price trends show stable growth, supported by strong rental demand. Future growth is anchored in its infrastructure and educational appeal, though high entry prices and interest rate sensitivity present key affordability constraints.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
2
Land
3940m²
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