BG01/11 Banksia Road · Bellevue Hill NSW 2023

Currently listed — $3,995,000

3 bed · 2 bath · 2 car · NewApartments

Florian

View the live listing →

⏱ Days on market — this campaign

453 days since our daily sweep first saw this listing.

The portal's own campaign may have started slightly earlier than our first sighting. Longer campaigns tend to mean more negotiating room — the board's "Longest listed" sort exists for exactly that reason.

Local rents — postcode 2023 units, new tenancies

$1000/week median new-tenancy unit rent in 2023 (2026Q2, 108 bonds lodged).

The rent is real (NSW Fair Trading bond lodgements, CC BY) but it pools every bedroom count in the postcode and this is a 3-bed — so we don't derive a yield % from it: a ratio of two different grains reads as precision it doesn't have. New-tenancy rents also run hotter than sitting rents. Not financial advice.

Growth trend — Bellevue Hill units at auction

Too few same-bed sales for a measured growth rate yet. Recent quarterly sold medians (all unit sizes — thin samples move these):

2024Q1 $1395k (5) · 2024Q2 $1278k (4) · 2024Q3 $1305k (5) · 2024Q4 $1418k (8)

Suburb-level, from published auction results. No single building has enough sales for a block-level series, so this is the honest grain; sales-mix shifts move raw medians, and the measured rate (when shown) controls for bed count.

Similar properties — on the market now

The 6 listings above are on the market now: same unit category, within 1 bedroom of 3, asking within 20% of this one, in Bellevue Hill or a suburb whose centre is within 3 km — ordered by how close the asking price is. That is the whole rule: a filter, not a recommendation, and nothing here judges which home is better.

Planning & zoning — R3 Medium Density Residential

Townhouses, villas and low-rise units permitted — expect gradual medium-density infill.

Zone R3 (Medium Density Residential) under the WOOLLAHRA LEP, from the NSW ePlanning layers at this address's geocoded point — a guide, not a parcel-level legal check. Confirm the exact lot at the NSW Planning Portal.

Development applications — at & near this address

Development application data © NSW Department of Planning and Environment, used under CC BY 4.0. Matched at this exact address or within ~150 m of its geocoded point — proximity evidence, not a parcel-level check. Lodged means proposed, not approved or built. Outcome comes from a separate NSW dataset that stops in Nov 2023: applications determined after that, or still undetermined, read “not on record” — which means we don't know, never that it was refused. “Status” is the council's own workflow state and “Determined” on its own does not say which way it went. Verify any application on the NSW Planning Portal.

Construction risk — what no listing tells you

Building Commission NSW / Strata Community Association 2023 Strata Defects Survey: 53% of newly registered strata buildings reported at least one serious defect in common property (39% in the 2021 survey). Defects are common, not exceptional — and new does not mean safe (Opal Tower was under a year old).

Get an independent structural and strata inspection before you commit — the defect base rate makes it the single highest-value dollar in the purchase.

We cannot see inside a building — no one can from public records. This section states base rates and observable adjacency only, and will never call a building safe.

What's changing in Bellevue Hill — recent local signals

2026-04-29 — Education invest — 5 VICTORIA ROAD BELLEVUE HILL 2023 ($4014k) (institutional-signals.json (PAN-633588, OnlineDA))

2026-03-30 — Education departure — 29-53 VICTORIA ROAD BELLEVUE HILL 2023 (institutional-signals.json (PAN-622670, OnlineDA))

2026-03-23 — Education invest — 29-53 VICTORIA ROAD BELLEVUE HILL 2023 ($8182k) (institutional-signals.json (PAN-620355, OnlineDA))

Dated public signals compiled for this suburb — openings, closures, site sales and institutional moves. Facts with sources, not forecasts.

School catchments

Bellevue Hill PS (primary) · Rose Bay SC (secondary)

6 primary schools within 2 km · ICSEA ~1142 — the socio-educational advantage of the school community (My School, national average ~1000): a demographic measure, never a results or quality score.

NSW DoE intake zones at this address's geocoded point — tighter than a suburb-level guess, but geocodes carry a few metres of error and boundaries change with reviews. Verify the exact address at School Finder. Intake zones cover government schools only.