4/47 Mitchell Street, Chifley NSW 2036
4/47 Mitchell Street, Chifley NSW 2036
Boutique four-unit block | three-aspect light | oversized apartment | only one shared wall | Chifley catchment
Positioned in a boutique four-unit block, this first-floor apartment offers a rare configuration with three-sided light and one shared wall. It delivers exceptional privacy and a house-like feel, suiting buyers seeking space without house maintenance or investors targeting strong rental yield with estimated weekly income of $800. A lock-up garage and school catchment reinforce its appeal.
The unitโs floor area has been inconsistently reported between 77 and 96 square meters, but the larger figure suggests generous proportions for its type. The single bathroom may limit family appeal, and the 1978 construction may require updates. However a recent comparable sale at $1 million in the same building provides a solid price benchmark, and the brief market tenure suggests limited competition. For a decisive buyer, the combination of boutique positioning, structural privacy, and strong rental fundamentals creates a compelling acquisition opportunity
Detailed Independent Property Report preparedย by PropCred Analyst team forย 4/47 Mitchell Street, Chifley NSW 2036
Market Insight:
Chifley is a tightly held, established suburb experiencing stable demand, primarily from middle-income, local owner-occupiers. The market is characterised by high property values and modest, steady capital growth, with houses transacting relatively quickly, indicating consistent buyer interest. Future performance will hinge on broader economic factors, given the suburb’s established nature and the absence of immediate, significant supply or infrastructure catalysts.