31 Rondelle Street, Ermington NSW 2115

31 Rondelle Street, Ermington NSW 2115
4 bedroom house | 573sqm block | Rydalmere East catchment | FTTP connected | off-market listing This house presents a rare buying opportunity in a tightly held pocket of Ermington, combining a full four-bedroom layout with a 573sqm parcel that achieves only 27% site coverage. The configuration allows for future extension or dual-living potential without immediate renovation pressure. Its catchment position for Rydalmere East Public School and proximity to Marsden High School serve families seeking established school zones, while the off-market status reduces competition for a buyer ready to act. The property suits owner-occupiers prioritising location and land content over cosmetic finish. The primary risk is the absence of recent sales evidence on Rondelle Street, making the $1.85–$1.92M guide a negotiation starting point rather than a market floor. The 2024 private treaty sale at $1.75M sets a known benchmark, and any premium above that must be justified by current market conditions or the buyer’s specific use case. Rental yield sits near 2.7%, which makes this a hold-for-equity proposition rather than a cash-flow play. A buyer should negotiate from the $1.75M base and hold for medium-term capital growth in the Parramatta corridor.
Detailed Independent Property Report prepared  by PropCred Analyst team for 31 Rondelle Street, Ermington NSW 2115
Checks found:
Value Risk ! 1
Liquidity Risk ✓
Planning Risk ✓
Income Risk ! 1
Execution Risk ✓
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Market Insight

This suburb presents a clear divergence between its established, premium house market and a more dynamic unit segment. Recent trends show house prices have stabilised with modest movement, while unit values have demonstrated strong growth, supported by attractive rental yields that appeal to investors. The market for houses remains measured, with properties taking time to sell, indicating considered buyer activity. Future performance will hinge on broader economic factors influencing affordability and the balance of supply, with the unit sector currently showing greater momentum.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

573m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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