Bellevue Hill comes up a lot in property chat – not only is it one of the most expensive suburbs in the East, It has commanded some pretty outstanding sales results both off market and through auction or expressions of interest lately.
Realestate.com.au data : Last month Bellevue Hill had 99 properties available for rent and 64 properties for sale. Median property prices over the last year range from $9,000,000 for houses to $1,300,000 for units. If you are looking for an investment property, consider houses in Bellevue Hill rent out for $2,500 PW with an annual rental yield of 1.8% and units rent for $800 PW with a rental yield of 3.4%. Based on five years of sales, Bellevue Hill has seen a compound growth rate of 5.8% for houses and -18.8% for units.
When I walk around the suburb I have noticed a great deal of redevelopment, many homes in Kambala Road have been demolished at the bottom end of the street close to Ginahgulla Road- the amount of cranes in Bellevue Hill is incredible!
My focus this week is Victoria Road. This is the main arterial road into Bellevue Hill from New South Head Road and most property experts would say the Harbour side end is more desirable.
I am listing below some current stock and recent sales prices based on this very popular and in high demand street which offers great access to Cranbrook and The Scots College Boys school on foot, walk to Redleaf Pool Beach and Double Bay shops and Ferry service.
24B VICTORIA ROAD BELLEVUE HILL
Auction 18th November 2023- 5 bedrooms, 4 bathrooms parking 3 cars
NEW DEVELOPMENT COMPLETION DECEMBER 2023
131 VICTORIA ROAD BELLEVUE HILL
Penthouse Residence offering 4 bedrooms, 6 bathrooms, parking 2 cars
RECENTLY SOLD $15.602,000.00
135 Victoria Road Bellevue Hill
Record price for a semi detached residence with shared tennis court
5 bedrooms, 4 bathrooms garage 2 cars
79 Victoria Rd, Bellevue Hill is on a 1500sqm battleaxe block and has multiple neighbours sold $25 million
Until next week have a lovely weekend
Annie xoxox