157 Lilyfield Road, Lilyfield NSW 2040

157 Lilyfield Road, Lilyfield NSW 2040
1890 terrace | 190m² compact lot | 3 bed 1 bath | heritage-era inner-west This is a rare opportunity to secure a genuinely old, small-footprint house in Lilyfield, a suburb where most comparable stock has been renovated or replaced. The 1890 build date and 190m² parcel signal authentic character and scarcity, not volume or modern convenience. The solar panels add a practical edge for an older home, and the tight layout suits a buyer prioritising location over space. It serves best as an owner-occupied entry into a tightly held suburb, or a renovation project for someone who values period charm and walkable amenity over land area. The property’s value may be shaped by its heritage overlay inconsistency—if confirmed, it could limit extension potential, which might matter for buyers planning structural changes. The compact land and older fabric might also mean higher maintenance costs, though these are typical trade-offs for this era. The building area discrepancy between sources suggests you should verify actual internal dimensions before committing. Its position near transport and local shops likely supports steady demand, but the small lot may cap upside compared to larger neighbours.
Detailed Independent Property Report prepared  by PropCred Analyst team for 157 Lilyfield Road, Lilyfield NSW 2040
Checks found:
Value Risk 2
Liquidity Risk ! 1
Planning Risk 2
Income Risk
Execution Risk
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Market Insight

Lilyfield, an Inner West suburb with light rail and direct road access, remains a tightly held market. Demand is driven by affluent professionals aged 40–49, predominantly mortgage-holding owner-occupiers drawn to the Leichhardt Public catchment and CBD proximity. House prices hover around $2.5 million, though annual growth estimates diverge sharply, from -4.3% to 6.4% across sources; units have fallen 24.2% over the past year. Tight supply is evident in low sales volumes and a median 30 days on market for houses. Future appreciation rests on scarce stock and infrastructure links, but affordability above $2.5 million and clear interest-rate sensitivity temper that outlook.
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PropCred Estimated Value

Comparable Sales: 15 Emmerick Street sold around $2.2M | Property Price Band: $2.1M–$2.2M | Value Drivers: heritage character, land size, renovation potential

Bedrooms

3

Bathroom

1

Parking

-

Land

194m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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