47 Cardigan Street, Stanmore NSW 2048

47 Cardigan Street, Stanmore NSW 2048
Federation character with DA-approved expansion | 3.2m ceilings and hardwood floors | Rare freestanding cottage in Stanmore | Heritage overlay with approved plans. This property offers a rare combination of immediate livability and expansion potential, with DA-approved plans that reduce buyer risk and timeline. The 3.2m ceilings and polished floors provide premium character that commands a premium in the Inner West. It best suits buyers seeking a turnkey home with clear upside, or those wanting to add value without the uncertainty of a new DA process. The heritage overlay limits external changes and may increase renovation costs, but the pre-approved plans mitigate this. The 215-222mยฒ land size is modest, though building coverage at 59% leaves room for the approved expansion. Reliable NBN and 5G coverage add convenience. This property should be held for medium-term capital growth, with the option to execute the approved plans or rent for strong yield.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 47 Cardigan Street, Stanmore NSW 2048
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Market Insight:

Stanmoreโ€™s established inner-west positioning attracts strong buyer demand, evidenced by consistent sales activity and robust price growth. This appeal is driven by its transport connectivity and urban lifestyle, attracting both owner-occupiers and investors. The market demonstrates sustained momentum with houses achieving significant capital appreciation, while units offer comparatively higher rental yields. Future growth is underpinned by its intrinsic locational appeal, though high entry prices present an affordability constraint and the market remains sensitive to broader interest rate movements.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

-

Land

215mยฒ

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