21 Lymerston Street, Tempe NSW 2044
21 Lymerston Street, Tempe NSW 2044
Corner-block timber cottage | four-bedroom original features | Tempe high-demand zone | auction 23 May | owner-occupied street character
The property’s corner-block position and original decorative interiors are competitively rare in Tempe’s current market, offering a buyer a configuration edge over standard terrace stock. The separate lounge with fireplace and timber floorboards appeal to owner-occupiers seeking character, which aligns with the street’s 60% owner-occupied profile and supports long-term value stability. This house best suits a family or downsizer prioritising period charm and proximity to Tempe’s schools and transport, where demand remains strong.
The main risk is the guide price below estimated value, suggesting competitive bidding at auction may push the final price above $1.8m, particularly given limited recent sales in the street. The 2023 sale history provides a recent benchmark, but without direct comparables, buyers should budget for a premium. The lock-up garage and parking for two cars add practical value in an inner suburb where off-street parking is scarce. Hold this property as a long-term family home, leveraging the corner block for potential future extension.
Detailed Independent Property Report prepared by PropCred Analyst team for 21 Lymerston Street, Tempe NSW 2044
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
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
4
Bathroom
1
Parking
2
Land
316m²
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