125 Wigram Road, Forest Lodge NSW 2037
125 Wigram Road, Forest Lodge NSW 2037
3-bed single-bath terrace | 176m² block | heritage character | renovation-ready | walkable inner-west
This is a classic inner-west terrace with a genuinely useful 176 m² landholding and 113 m² of internal space. The 64% site coverage provides a broad footprint for a small block, and the courtyard offers practical outdoor room. Its heritage character and solid foundations make it a rare find in a tightly held pocket. The house suits a renovator or design-minded owner who values period proportions and walk-to-everything convenience. For a professional couple or young family, it provides a rare combination of compact land, three bedrooms, and the freedom to remake the interior without overcapitalising.
The heritage overlay may limit external changes, so fenestration and roof work need careful scoping. The single bathroom and dated finishes might cap the price until renovated; the 113 m² footprint and 64% coverage offer latent potential a buyer could unlock. The small lot might affect light and privacy, so weigh renovation cost against a modernised three-bedder’s finished value.
>> Comparable Sales: A 3-bed heritage terrace sold at $1.42M; a similar-sized character house in original condition sold at $1.35M | Property Price Band: $1.4M-$1.5M | Value Drivers: condition, land size, heritage presentation
Detailed Independent Property Report prepared by PropCred Analyst team for 125 Wigram Road, Forest Lodge NSW 2037
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
This suburb is a tightly held, high-value enclave driven by professionals aged 20–34, most of whom rent and many of whom are childless couples. House prices sit around $2.6 million after 18–26% growth over the past year, while units are split: $1.285 million per one source but $950,000 in another, with annual growth swinging from +41.5% to –20.8%. Houses clear in roughly a month on just 34 sales a year, a sign of scarcity, yet gross yields are thin at 2.6–2.8%. Demand comes from affluent young professionals prioritising location, but the high renter ratio and weak unit pricing show affordability strain. Future gains depend on continued professional inflows and tight stock; the key risk is stretched house valuations hitting a rate-driven correction.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
-
Land
176m²
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