8 Michael Avenue, Belfield NSW 2191
8 Michael Avenue, Belfield NSW 2191
5 bed, 5 bath, 493m² | rebuilt luxury family house | pool and butler’s pantry | recent $3.7M result | owner-occupier pocket
This house is placed distinctly in Belfield’s family market. Its reconfigured footprint, five bedrooms and five bathrooms on a 493 square metre block, is positioned above the typical four bedroom stock in the immediate streets. The contemporary presentation, with pool, alfresco terrace, butler’s pantry and internal double garage, is rare in this pocket and is seen as a signal of a recent high quality rebuild. As a result, it is suited to buyers seeking turnkey luxury without leaving the established suburb environment. The property is positioned for owner occupiers who value space, modern finishes and direct access to local schools and transport.
The value may be influenced by the extent of the rebuild, as price is driven by build quality and council approvals. Land size is modest, so the worth is carried by the house itself rather than land alone. Daylight experience might be affected by orientation, so this should be checked during an inspection. Maintenance costs for a five bathroom property should be weighed by buyers when assessing long term value.
Detailed Independent Property Report prepared by PropCred Analyst team for 8 Michael Avenue, Belfield NSW 2191
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
1
URL has been copied successfully!
Market Insight
Belfield presents a dual-market dynamic, appealing to established families seeking larger homes and to first-home buyers or downsizers drawn to its significant apartment segment. This diverse demand underpins a robust housing market, with houses demonstrating strong capital appreciation while units offer more accessible entry points and higher rental yields. Recent conditions show houses transacting relatively swiftly, indicating sustained buyer interest. Future growth is supported by its established residential character and infrastructure links, though its appeal to multiple buyer cohorts suggests sensitivity to broader affordability pressures and interest rate movements.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 36A Michael Avenue sold $2.37M in 2023; 32 Michael Avenue sold in 2023 for undisclosed price | Listed Price Band: $3.6M-$3.7M | Value Indicator: rebuilt condition, 493m² land, five bathroom layout
Bedrooms
5
Bathroom
5
Parking
2
Land
493m²
URL has been copied successfully!