4 Salisbury Street, Concord NSW 2137
4 Salisbury Street, Concord NSW 2137
Detached 3-bed on 524m² with heritage overlay | Dual living plus detached studio | Low-turnover street, family demand | Character finishes, renovation scope
This house sits in an established Concord pocket where long owner-occupancy and limited turnover create genuine scarcity. Its configuration is competitively strong: three bedrooms, two living areas, a dedicated dining room, and a detached studio offer rare flexibility for a family wanting separate work, retreat, or creative space. The 524m² block and 280m² building footprint provide meaningful presence, while the heritage overlay signals character protection that many buyers in this suburb actively seek. The property serves family buyers and upsizers best, particularly those wanting a move-in-ready home with scope to refresh or extend gradually, rather than a pure knockdown rebuild. The low churn on the street reinforces that homes here are typically held for decades, which supports enduring demand when one does become available.
Value may be shaped most by the heritage overlay, as it protects the home’s character but might constrain significant external changes or expansion. The 2017 sale price of $1.8925m provides a historical anchor, though current value appears supported by the substantial land size, the detached studio, and the renovated bathroom. Market conditions and buyer competition on the street may push the final figure above that level, but any discount could emerge if fewer buyers are prepared to accept heritage constraints or if the property’s older systems require near-term attention. The modest rental yield relative to capital value suggests this is ultimately a lifestyle-driven purchase, not an investment-led one, so price negotiation should focus on condition and the feasibility of planned improvements.
Detailed Independent Property Report prepared by PropCred Analyst team for 4 Salisbury Street, Concord NSW 2137
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
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Market Insight
Concord 2137 is a well-established, affluent Sydney suburb across 250 streets. Demand is anchored by a high proportion of owner-occupiers and family households. The house market is tight—166 sales in 12 months, with typical selling times of 43–47 days. Median house prices reach $3.3M, showing 11.4% annual growth in one series, or $3.26M with 7.8% compound growth in another; the 10-year CAGR is 6.4%. The unit segment sends conflicting signals: $990,500 median, down 14.2% year-on-year, versus $1.651M, up 55%, signalling volatility. Rental yields are modest—houses 2%, units 3.3%. The long-term growth trajectory remains firm—20-year CAGR of 7.6%—but the all-property median of $2.825M underscores a significant affordability constraint.
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PropCred Estimated Value
Comparable Sales: 12 Salisbury Street, Concord sold around $2.99m for a larger 5-bed house on 550m²; 4 Salisbury Street last sold in 2017 at $1.8925m | Property Price Band: $2.4M–$2.5M | Value Drivers: heritage character, 524m² land size, detached studio flexibility.
Bedrooms
3
Bathroom
2
Parking
2
Land
524m²
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