787 Canterbury Road, Belmore NSW 2192
787 Canterbury Road, Belmore NSW 2192
Raw research notes for 787 Canterbury Road, Belmore NSW 2192: The property was listed for sale as a house in Belmore.
north-facing full brick semi on 329sqm | R4-zoned with rear lane access | 2-bed character home updated inside | suits developers and owner-occupiers
This property is competitively strong because of its uncommon combination of a full brick semi on a substantial 329-square-metre parcel with north-facing orientation and rear lane access. The R4 zoning and redevelopment language used in its marketing signal genuine potential for future intensification, which is scarce in established Belmore streets. The home itself is well kept with high ceilings, polished floorboards, modern kitchen and bathroom, and covered patio — a move-in-ready character house that appeals to owner-occupiers seeking a manageable footprint. The presence of good tenants and estimated rental income also makes it suitable for investors, while developers are drawn to the zoning and lane access. The property is positioned in a walkable residential setting with schools and transport nearby, which broadens its buyer pool without relying on school prestige or infrastructure projects.
Factors that may materially affect value include the property’s age and condition of original fabric behind the cosmetic updates, which could require future maintenance or adaptation. The ambiguous parking count across listings — reported as two or three spaces — may create uncertainty for buyers who prioritise secure off-street parking. The two-bedroom configuration might limit appeal for families or tenants needing a third room, potentially narrowing demand. Redevelopment upside is subject to council approval and neighbours’ consent as a semi, so the final yield from any future subdivision or rebuild is not guaranteed. These considerations should be weighed against the strong land-to-price ratio suggested by the site itself.
Detailed Independent Property Report prepared by PropCred Analyst team for 787 Canterbury Road, Belmore NSW 2192
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
1
Execution Risk
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Market Insight
Belmore presents as a well-established suburb with strong transport links, appealing to both families and investors. Demand is driven by its accessibility and a mix of housing stock, with houses seeing particularly robust competition. Recent price trends show solid growth in the housing segment, though the unit market has experienced some softening. Future growth is underpinned by consistent sales activity and high auction clearance rates, yet the market remains sensitive to broader affordability constraints and economic conditions.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
3
Land
329m²
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