27 Flood Street, Leichhardt NSW 2040
27 Flood Street, Leichhardt NSW 2040
Freestanding full-brick house | 287m² with double garage & pool | Scope to renovate | Inner-west family demand | Leichhardt village lifestyle
This property holds a genuinely uncommon position in Leichhardt: a freestanding full-brick house on its own title with a double garage and a pool, all within a suburb dominated by terraces and semi-detached stock. The 287m² footprint is compact by outer standards, but the efficient layout—open living, separate kitchen, private backyard leading to the garage—makes it work harder than the land size suggests. For a family or upsizer wanting detached living without leaving the inner-west, this is a rare configuration. The presence of solar panels and the pool adds practical, low-maintenance appeal, while the home’s honest, unrenovated state means a buyer pays for potential, not someone else’s taste. It serves best those who see value in a solid shell they can shape over time, rather than a turnkey finish.
The property’s value may hinge on how the next owner approaches the renovation opportunity. A full-brick house with good bones and a workable footprint could support a significant uplift, but the interior finish will likely date quickly against renovated comparables. The pool, while a lifestyle draw, may narrow the buyer pool slightly—some families see it as a maintenance cost rather than a feature. The double garage is a genuine strength in this suburb, where parking is often tight. The absence of flood or heritage overlays removes two common constraints in inner-west properties, which may give buyers more flexibility with alterations. The estimated rental return sits at a modest level, so this is more likely an owner-occupier play than an investment-led purchase. Price expectations should be formed around what a renovated version of this house could command, not what the current presentation shows.
|| Comparable Sales: 58b Flood Street, Leichhardt—renovated 3-bed, 2-bath on 267m², sold 2025 (undisclosed); 270 Flood Street—3-bed townhouse, sold 2024 (undisclosed) | Property Price Band: $1.4M–$1.5M | Value Drivers: Renovation scope, freestanding form with double garage, pool and solar as differentiators, land size relative to street context.
Detailed Independent Property Report prepared by PropCred Analyst team for 27 Flood Street, Leichhardt NSW 2040
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Leichhardt is a vibrant, well-established inner-west suburb with strong transport links and high owner-occupier appeal. Demand is driven by families seeking renovated character homes and first-home buyers, creating robust competition. House prices have demonstrated significant recent strength, while the unit market presents a more nuanced picture. Future growth is anchored in its enduring lifestyle and amenity, though high entry prices present a key affordability constraint.
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PropCred Estimated Value
Comparable Sales: 58b Flood Street, Leichhardt—renovated 3-bed, 2-bath on 267m², sold 2025 (undisclosed); 270 Flood Street—3-bed townhouse, sold 2024 (undisclosed) | Property Price Band: $1.4M–$1.5M | Value Drivers: Renovation scope, freestanding form with double garage, pool and solar as differentiators, land size relative to street context.
Bedrooms
5
Bathroom
4
Parking
1
Land
287m²
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