46 Frederick Street, Concord NSW 2137
46 Frederick Street, Concord NSW 2137
1930s renovated single-level house | ~487m² with rear lane access | family-focused Concord pocket | low-yield, capital-growth profile
This is a genuinely uncommon configuration for Concord: a freestanding 1930s house on a roughly 487m² block that has been thoroughly renovated while retaining its original single-level character. The rear lane access and substantial garaging with workshop space give it a functional edge most comparable houses lack, and the deep garden with paved BBQ area adds practical outdoor living. It sits comfortably within the upper end of the suburb’s detached-house market, appealing most to families who want a move-in-ready home with room to grow, or buyers who see the land and layout as a base for future reconfiguration. The double brick construction and contemporary finishes reduce immediate maintenance concerns, which strengthens its appeal as a long-term family property rather than a project.
The value picture may be shaped by the discrepancy between the modest internal area and the land’s development potential, as the listing hints at scope to update or transform without specifying approval status. The low rental yield—around 2%—suggests the price is driven by owner-occupier demand and land value rather than income return, which may limit appeal to investors but should not concern a buyer planning to live there. The 2020 sale at $2.21M provides a historical reference, but the current market context and the renovation quality likely support a higher figure. Buyers should weigh the single-level footprint against the land size, and consider whether the rear access adds meaningful utility for their lifestyle or future plans.
Detailed Independent Property Report prepared by PropCred Analyst team for 46 Frederick Street, Concord NSW 2137
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
2
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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: 37 Frederick Street sold $2.705M in 2020; 46 Frederick Street sold $2.2095M in 2020 | Property Price Band: $2.9M–$3.0M | Value Drivers: renovated condition, rear lane access, land size with development scope
Bedrooms
3
Bathroom
1
Parking
3
Land
487m²
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