34 Edith Street, Leichhardt NSW 2040

4-bed family home in Leichhardt | 254m² internal on 324m² land | 2024 sale at $2.51m | positioned for capital growth in tight supply market This property represents a rare configuration in Leichhardt, where four-bedroom houses with three bathrooms and off-street parking for two cars are in notably short supply. The 254m² internal footprint is substantial for a 324m² block, suggesting the floorplan has been optimised for liveability over garden space, which suits families prioritising interior amenity. The 2024 sale at $2.51m provides a recent and transparent entry point, and with the current estimated value at $2.75m, the property has already demonstrated short-term capital appreciation. For a buyer seeking a turnkey family home in a well-served suburb with strong school catchment access and a 51% auction clearance rate, this property offers a clear competitive edge in both configuration and recent pricing history. The primary risk is the land-to-building ratio; at 324m², the block is modest for the area, limiting future redevelopment potential and possibly reducing appeal to developers. However, for an owner-occupier, this is less material. The property sits on a street with 65% owner-occupancy, indicating stable neighbourhood character and lower turnover risk. The rental yield at 2.34% is below market average, but this is consistent with premium family homes in the suburb and should not deter a buyer focused on capital growth. Hold for medium-term family occupation or consider a five-year hold before reassessing equity position.