46/1 Maddison Street, Redfern NSW 2016
46/1 Maddison Street, Redfern NSW 2016
Large 139sqm three-bedroom | Pool and courtyard in Redfern | Secure parking included | Targets families and downsizers
This apartment stands out for its uncommon size and amenity package within Redfern’s unit market. The 139-square-metre floor plan with three bedrooms, two bathrooms, and a dedicated car space positions it well above typical inner-city stock. The inclusion of a courtyard, swimming pool access, and air conditioning makes this property particularly suited to owner-occupiers such as small families, professional couples needing home office space, or downsizers who want inner-urban convenience without compromising on living area. Its proximity to transport, shops, and schools further strengthens its appeal to these buyer groups.
The property’s value may be influenced by its unconfirmed floor level and aspect, which can affect natural light and outlook. Building age and strata scheme details remain unknown, potentially impacting long-term maintenance costs or levy expectations. While the configuration and features suggest a premium position, the absence of verified finish quality or recent comparable sales means price should be tested against physical inspection and a full strata review. Rental demand appears strong given the size and parking, but yield expectations should be moderated against likely purchase price.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 46/1 Maddison Street, Redfern NSW 2016
Market Insight:
Redfern is a premium inner-city suburb in the latter stages of gentrification, characterised by restored heritage terraces and warehouse conversions. Demand is driven by young professionals and families drawn to its urban convenience and iconic housing stock, now seamlessly connected to broader precincts. The market exhibits strong price momentum, particularly for houses, with tight supply and low vacancy rates underpinning a competitive environment. Future growth is anchored by urban consolidation and major infrastructure renewal, though affordability pressures and a recent softening in rental prices present key constraints to monitor.