208 Evans Street, Rozelle NSW 2039

208 Evans Street, Rozelle NSW 2039
Renovated freestanding Rozelle house | city views from upper deck | first sale in 30+ years | rare dual-level with spa and parking This property offers a genuinely rare combination in Rozelle: a fully renovated freestanding house on its own title, held for over three decades and now offered for the first time in a generation. The dual-level layout with floor-to-ceiling glass, a hydrojet spa on the alfresco deck, and city skyline views from the upper lounge positions it well above the typical terrace or attached dwelling in this precinct. For a buyer seeking a turnkey home with no renovation required, in a heritage zone that limits future supply, this property represents a strong competitive position. It suits families who want immediate amenity,four bedrooms, split air conditioning, a Caesarstone kitchen with Miele appliances,and the walkability to Darling Street, Light Rail, and Easton Park. The long ownership history also suggests the house has been maintained with care, reducing the risk of deferred maintenance. The key risk here is price discovery. With no fixed guide and a Domain estimate of $3.15 million, the property sits at a premium to recent Evans Street sales,94 Evans Street at $2.3525 million for a three-bedroom suggests the four-bedroom configuration and renovation premium may push the final number higher. The heritage overlay limits structural changes, so a buyer should factor in approval costs for any future modifications. On the opportunity side, the rental yield of approximately 2.79 percent is modest but reflects owner-occupier demand; holding the property long-term in a suburb with strong capital growth history and constrained land supply offers sound commercial logic. This is a buy for use and hold, not for flipping.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 208 Evans Street, Rozelle NSW 2039
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Market Insight:

Rozelle is an established inner-west suburb with strong buyer demand for its heritage charm and convenience. Demand is driven by diverse residents seeking character, creating a competitive market with limited supply. Recent trends show stable house values but a significant correction in the apartment sector, with the broader market currently positioned below its long-term trend. Future growth is underpinned by enduring appeal, though affordability remains a key constraint and unit market volatility presents a notable risk.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

-

Land

152mยฒ

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