14 Lily Street, Auburn NSW 2144

14 Lily Street, Auburn NSW 2144
Compact freestanding house | stable Auburn street | north-facing frontage | modest 242sqm block | owner-occupied street character This property presents a rare entry point into Auburnโ€™s detached housing market on a north-facing block, which improves natural light and passive solar performance-a practical advantage in a compact 242sqm lot. Its three-bedroom, one-bathroom configuration suits first-home buyers or investors seeking a low-maintenance house in a street where owner-occupier tenure averages over 17 years, signalling low turnover and stable demand. The 6.53-metre frontage, while narrow, allows for a freestanding footprint that retains more flexibility than a strata unit, and the 2023 sale price of $870,999 suggests a disciplined entry relative to recent suburb growth. The primary risk is the land size: at 242sqm, redevelopment upside is limited, and any future extension would need council approval on a constrained block. The single bathroom and one parking space may reduce appeal for families, narrowing the buyer pool. However, holding costs are manageable with council rates at $453 quarterly and water at $202, and the north aspect reduces ongoing energy expenditure. This property should be held for rental yield or as a long-term owner-occupied home, not for land banking.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 14 Lily Street, Auburn NSW 2144
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Market Insight:

Auburn presents a dual market, with strong family demand for houses and high investor interest in units. Couples with children, often in skilled trades, drive owner-occupier demand, drawn by established schools and transport links. The housing market exhibits robust growth, while units offer compelling rental yields, attracting investment. Future growth is underpinned by its connectivity and mixed-use amenity, though high house prices present an affordability constraint and the substantial unit supply requires careful selection.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

-

Land

242mยฒ

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