194 Lambeth Street, Picnic Point NSW 2213

194 Lambeth Street, Picnic Point NSW 2213
Large 973sqm block | Single-level family house | First sale in 40+ years | Main bedroom with ensuite | Separate living areas This property’s competitive strength lies in its rare combination of a 973sqm block and single-level family layout, offered for the first time in over 40 years. It sits in an established family suburb where larger lots are typical but long-held homes are increasingly uncommon. The four bedrooms, main ensuite, and separate living areas serve family buyers or renovators seeking space and potential on a substantial parcel. This house is best suited to those wanting a long-term family base or a project to update over time. The value of this property may be influenced by the condition and finishes of the original home, as no modern updates are confirmed. The large land size might support future redevelopment or extension potential, but buyers should weigh the cost of any required renovations against the purchase price. The single-level configuration and long ownership history suggest solid bones, but a thorough inspection is needed to assess structural and system conditions. These factors may affect both the final sale price and the budget for improvements.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 194 Lambeth Street, Picnic Point NSW 2213
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Market Insight:

Picnic Point is a tranquil, family-oriented suburb where demand is driven by established couples seeking spacious homes in a natural setting. This has fueled strong recent price growth across both houses and units, with houses selling relatively quickly, particularly in the popular three-bedroom segment. Future appeal is anchored in its blend of residential serenity and city access, though its higher price point and mortgage prevalence indicate sensitivity to broader economic conditions.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

973mยฒ

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