16 Gannon Street, Tempe NSW 2044
16 Gannon Street, Tempe NSW 2044
Tempe family house | 7 bedrooms, 3 bathrooms | 682-690sqm land | auction 30 May 2026
This property’s primary advantage is its rare combination of seven bedrooms and a detached teenage retreat on a substantial landholding in a connected inner-west suburb, positioning it as a strong option for large or extended families seeking space without sacrificing urban proximity. The 290-metre walk to Tempe station, stone benchtops, and split-system air-conditioning are functional, not exceptional, but the land size and flexible layout create genuine scarcity in this market. It best serves buyers who need multiple private zones for multigenerational living or high-occupancy households.
The main risk is the auction format with limited market exposure—listed less than a week—which may compress buyer due diligence and inflate competition on the day. No flood or heritage overlays reduce structural surprises, but the absence of recent comparable sales data means valuation relies on broad estimates. The 80% owner-occupied street supports stable long-term holding, and the property’s configuration suits either continued family use or a future subdivision play on the generous lot. Buyers should inspect all open homes and secure pre-approval to bid with confidence.
Detailed Independent Property Report prepared by PropCred Analyst team for 16 Gannon Street, Tempe NSW 2044
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
1
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Market Insight
Tempe is positioned as a well-located Inner West suburb with established infrastructure and strong community amenities. Demand is driven by young professionals, creating a high-income demographic core. Recent price trends show consistent capital growth, supported by tight supply and competitive sales volumes where houses often sell above asking. Future growth is underpinned by sustained demand against limited listings, though affordability constraints and interest rate sensitivity present key market risks.
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PropCred Estimated Value
Bedrooms
7
Bathroom
3
Parking
3
Land
682m²
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