2/4 Howard Street, Canterbury NSW 2193

2/4 Howard Street, Canterbury NSW 2193
2 bed full-brick walk-up | 740mยฒ land share | Mid-$500k entry point | Investor and first-home buyer draw What is competitively strong about this property is its full-brick construction in a small four-unit block, which is increasingly rare in Canterbury’s newer infill market. The 740 square metre land parcel gives each unit a solid land component, often valued by buyers seeking more than just a flat in a large complex. This configuration serves first-home buyers and investors best, offering a durable, low-maintenance apartment with one car space in an established pocket near schools and transport. The rental yield potential around 5% is reasonable for this price bracket, making it a practical entry point. Factors that might affect value include the absence of confirmed internal condition and floor level, which could influence final sale price if the unit requires updating or sits on a less desirable level. The older building profile may carry higher ongoing maintenance costs than newer stock, though full-brick construction typically holds up well. Buyers should weigh the modest amenity against the solid land holding, as the property’s value is more tied to its land and location than to premium finishes or building facilities.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 2/4 Howard Street, Canterbury NSW 2193
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Market Insight:

Canterbury is a suburb experiencing significant demographic change, with strong appeal to young professional couples. This cohort is driving demand, reflected in robust capital growth for houses, which have significantly outperformed the unit market. The market demonstrates solid momentum with houses transacting relatively quickly. Future growth will be shaped by the suburb’s ongoing gentrification, though the divergence between house and unit performance highlights a key constraint on broader market depth.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

735mยฒ

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