28 Cecily Street, Lilyfield NSW 2040

28 Cecily Street, Lilyfield NSW 2040
Quiet tree-lined street | dual-level character home with city views | north-facing backyard | walking distance to light rail and village amenities This propertyโ€™s competitive strength lies in its rare combination of freestanding character on a compact 167mยฒ parcel, a dual-level layout with a primary bedroom balcony offering city views, and a north-facing private backyardโ€”features increasingly scarce in Lilyfieldโ€™s tightly held market. The tasteful modern upgrade, including high ceilings, timber floors, and a renovated kitchen with induction cooking, removes immediate renovation burden while preserving classical appeal. It is best suited for a professional couple or small family seeking immediate lifestyle amenity, walkability to light rail and Rozelle Parklands, and a property that holds its own against newer townhouse stock without strata constraints. The principal risk is the limited land area and 66% building coverage, which constrains future extension potential and may feel tight for buyers accustomed to deeper blocks. The absence of specified parking and reliance on street permits adds a minor but real friction for car-dependent households. On the opportunity side, the dual-level configuration and separate living/dining allow for flexible useโ€”owner-occupiers can leverage the upstairs ensuite and balcony for private retreat, while investors benefit from a strong rental yield near 3.4% in a suburb with consistent demand. Hold this property as a long-term inner-west base; its configuration and location support both comfortable living and steady capital preservation.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 28 Cecily Street, Lilyfield NSW 2040
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Market Insight:

Lilyfield is a tightly held, high-value Inner West suburb driven by affluent professionals seeking family homes with exceptional CBD proximity. Demand is underpinned by high incomes and a preference for the established lifestyle, creating strong competition for limited stock. While house prices demonstrate resilience, the unit market has faced significant pressure, highlighting sensitivity to broader financial conditions. Future growth is anchored by its prime location and quality school catchments, though constrained supply and premium pricing present inherent market risks.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

-

Land

167mยฒ

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