151 Rochford Street, Erskineville NSW 2043

Victorian terrace | private courtyard oasis | heritage overlay | scope to extend | walk to village & park This property presents a competitively strong proposition as a character-filled, two-bedroom terrace in a premier inner-city location. Its core strength lies in the fusion of original period features with modernized living spaces and a substantial, private courtyard-a rare combination at this price point in Erskineville. The configuration, offering flexibility as two living areas or a second bedroom, along with the confirmed scope to extend subject to council approval, provides a tangible pathway for a buyer to add value. This house serves three buyer profiles most effectively: the entry-level buyer seeking a foothold in a vibrant suburb, the upsizer desiring a low-maintenance yet character-rich home, and the investor attracted by the noted high tenant appeal and reliable connectivity. The primary decision mechanism involves navigating the heritage overlay, which will dictate the cost, complexity, and timeline of any future extension, representing both a constraint and a protector of streetscape value. The commercial opportunity is clear: undertake a council-approved renovation to capitalize on the unmet family living space potential within its 177 sqm land holding, thereby shifting its market position. Given the limited comparable sales data for two-bedroom houses and the two-decade gap since its last sale, the auction will be the true price discovery event. Our judgment is to acquire this as a long-term hold, utilizing its existing livable charm while strategically planning a future expansion to maximize its inherent land value and superb location. * **Last Sale:** December 2003 for $505,000. * **Current Market Band:** $1.7M – $1.95M (medium confidence). * **Erskineville Average Price:** $1,550,000. * **Price per Square Meter:** Approximately $11,156/sqm. This data indicates the property is positioned at the upper end of the suburb’s price range, reflecting its premium attributes. The significant appreciation since its last sale underscores the strong capital growth in this location, while the current valuation band suggests the market recognizes its renovated condition and development potential.