22 Metters Street, Erskineville NSW 2043
22 Metters Street, Erskineville NSW 2043
This is a four-bedroom, three-bathroom Torrens title townhouse spread across three levels with a north-facing courtyard and secure parking. It includes a study and three separate living areas, finished with French oak floorboards and ducted climate control. The property sits on approximately 133 square metres of land in Erskineville.
What is competitively strong about this property is its configuration. Four-bedroom townhouses with three living areas and a study are uncommon in inner-city Erskineville, where most stock offers fewer rooms on smaller footprints. The north-facing courtyard and independent street entry add genuine lifestyle appeal, particularly for buyers who want a house-like feel without the maintenance of a full freestanding home. This property is best suited to professionals or families who need space and proximity to the city but prefer a low-maintenance terrace style over a traditional house. Its size and layout give it an edge over typical townhouses in the suburb, which tend to be narrower and offer less internal flexibility.
Several factors might influence the property’s value and should be weighed carefully. The flood overlay detected on the title may restrict future development or require additional planning approvals, which could affect resale appeal for buyers seeking to extend or modify. Bathroom counts vary across sources, so confirming the actual number during inspection is important. The land size is above average for the area, which supports value, but the property’s price positioning will depend on how the market currently values larger townhouses over smaller terraces. Rental yield appears low relative to estimated value, suggesting this is more suited to owner-occupiers than investors seeking strong returns.
Detailed Independent Property Report prepared by PropCred Analyst team for 22 Metters Street, Erskineville NSW 2043
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
2
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Market Insight
Erskineville is a vibrant, undervalued inner-city suburb positioned below its long-term trend, offering proximity to the CBD. Demand is driven by its lifestyle appeal and strong underlying fundamentals. Recent market conditions are softer, with houses transacting relatively quickly but underperforming the state auction average. Future growth hinges on a market recovery, though sensitivity to interest rates and sales volumes present key monitoring points.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
1
Land
132m²
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