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Sydney: Inner West - Rhian & Jarrod Property Factsheet

Rhian & Jarrod

SEARCH LOCATION: Sydney Inner West

BUDGET- $600,000 – 800,000

THE BRIEF: Rhian and Jarad have known each other since school days.  They’re best mates and have decided to team up and jump onto the property ladder. Right now they are both renting but are looking for the perfect bachelor pad in inner Sydney.  Their brief is fairly broad because while they are looking for somewhere to live together they are also treating this as an investment and ideally want a house or apartment with a 3rd or 4th bedroom they can rent out.  Jarad doesn’t want to west of Glebe and Rhian doesn’t want to go east of Darlinghurst.  

PROPERTY #1  ADDRESS:  Fort St, Petersham, NSW

Sale Price - $700,000 – 750,000

House Description:

On the market for the first time in 50 years, this affordable 4 bedroom renovator is in a quiet family oriented street in Petersham. It’s spacious with plenty of room for a baby grand piano and a dog.  Close to CBD public transport and Norton St.  This place has Federation charm and lots of potential for renovating, including adding a 2nd floor.  Much of the flooring needs replacing, the walls need fixing and repainting but if they want to add value this could be a great opportunity. There’s an ugly granny flat out the back, the backyard is concrete and it’s under the flight path. 

Land Size -  208m2

Agent –Jonathan Hammond - Raine & Horne Montano

Area Description - Petersham is just 6km southwest of Sydney’s CBD.  The public transport is terrific, with regular bus services and Petersham Railway Station, which is on the Inner West line. Houses in this suburb are a mix of colonial, Victorian and Edwardian architecture.  As a result the majority of the houses are terraces ranging in size from grand to smaller workers terraces.  You can find great apartments here, typically in smaller blocks. It’s known for its strong Portuguese, Greek and Italian communities. The median house price is $861,000

PROPERTY #2 ADDRESS: Day St, Leichhardt

Sale Price - $750,000 +

House Description: Close to great shops and public transport this house has 3 bedrooms, high ceilings, Federation charm and this is the first time it’s been on the market in 40 years!  There’s lots of renovating possibilities including adding a 2nd floor and expanding the small 3rd bedroom.  No off-street parking however plenty of on-street parking.  The house is under the flight path.  Plenty of opportunities to add value to this place.

Land Size - 237m2

Agent – Santos Sulfaro - Richardson & Wrench Leichhardt

Area Description - Leichhardt is 6.5km from Sydney’s CBD and is best known for it’s large Italian community, great restaurants, deli’s and café’s.  You’ll find beautiful Victorian and Edwardian homes mixed in with semi detached houses and modern apartments. It’s well serviced by public transport.  The median house price is $800,000.

PROPERTY #3  ADDRESS:  Albert St, Newtown, NSW

Sale Price - $725,000 +SOLD AT AUCTION FOR $810,000

House Description:

We love this top floor three bedroom, 2 bathroom apartment in a great little location close to King St and 10 minutes walk to Newtown train station.  There is nothing to be done here, just move straight in - no renovations required!  It’s very stylish and features a large terrace and light filled interior.  Perfect for entertaining either indoors or outdoors and enough room for a baby grand.  The apartment’s located in a relatively quiet and leafy street amongst trendy terrace houses and wall murals and it’s near to parks to walk the dog.

Land Size -  141m2

Agent – Matthew Carvalho - Bresic Whitney

Newtown has a bohemian atmosphere and a great collection of quirky shops, cafes, restaurants and pubs along funky King St and Enmore Rd, and it’s only 4km from the CBD.  Due to its proximity to Sydney University you’ll find lots of uni students live here, blending in with young professionals, married couples with young kids and older couples that love the conveniences at their door step. Housing is a mix of affordable terraces, semi detached houses and beautifully restored houses of grand proportions. Sitting alongside are fabulous converted warehouses and contemporary apartment blocks.

Median house price in Newtown is $811,000.


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