302/32 Jarrett Street, Leichhardt NSW 2040
302/32 Jarrett Street, Leichhardt NSW 2040
Top-floor penthouse | 3-bed 2-bath 2-car | 112m² plus terrace | Boutique 2019 build | Northerly aspect with city views
This unit stands out for its scarcity rather than its size alone. A three-bedroom, two-car apartment with a genuine entertainer’s terrace and lift access is uncommon in Leichhardt, where much of the unit stock is older walk-ups or smaller conversions. The 2019 build, combined with a shared rooftop retreat and stone kitchen finishes, positions it clearly above typical inner-west apartment offerings. It serves downsizers and professional couples who want lock-and-leave living without sacrificing space or parking, and who value the established urban village atmosphere, dining strip, and transport links that Leichhardt provides.
The heritage overlay flagged on the parcel may limit future alterations or external changes, which could matter if you planned significant modifications. The reported floor area of 112m² is generous, but the 160m² strata figure suggests the terrace and common areas are included in that total, so usable internal space may feel tighter than expected. Rental demand appears steady given the premium finishes and parking, though yield is likely modest, meaning price growth will depend more on inner-west buyer appetite than income return. The two-car allocation is a genuine advantage in this suburb and should hold value well.
|| Comparable Sales: Unit 104/32 Jarrett Street sold May 2024 | Property Price Band: $2.3M–$2.4M | Value Drivers: top-floor position, terrace size, two-car parking, building age and finishes
Detailed Independent Property Report prepared by PropCred Analyst team for 302/32 Jarrett Street, Leichhardt NSW 2040
Checks found:
Value Risk
✕
2
Liquidity Risk
✕
2
Planning Risk
!
1
Income Risk
✓
Execution Risk
✓
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.
PropCred Estimated Value
Comparable Sales: Unit 104/32 Jarrett Street sold May 2024 | Property Price Band: $2.3M–$2.4M | Value Drivers: top-floor position, terrace size, two-car parking, building age and finishes
Bedrooms
3
Bathroom
2
Parking
2
Land
160m²
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