5 Lombard Street, Glebe NSW 2037

5 Lombard Street, Glebe NSW 2037
4-bed rebuilt terrace | 142mยฒ compact block | dual-access potential | heritage area constraints | architectural finishes throughout This property occupies a rare position in Glebe as a fully rebuilt terrace that offers four bedrooms and three bathrooms within a compact inner-city footprint, a configuration that is not common in the area’s older housing stock. The combination of contemporary architectural finishes, including Miele appliances and marble benchtops, with the retained heritage character of the street-facing shell creates a genuinely turnkey residence. The dual-access block and rear lane option for parking subject to council approval add practical appeal in a neighbourhood where off-street parking is limited. This house is best suited to owner-occupiers who want inner-city convenience with high specification and low maintenance, particularly professional couples or families who value walkability to Glebe Point Road, the harbour, and the CBD. The small 142mยฒ block size may constrain outdoor space and limit future expansion, though the courtyard and barbecue terrace are designed to maximise what is available. Being within a heritage listed area means external alterations to the street-facing character are likely restricted, which may affect any plans for facade changes or significant additions. The parking option is subject to council approval, so it should not be assumed as guaranteed. The property’s price position at the higher end of the local market may reflect the architectural rebuild quality and functional layout, but buyers should weigh whether the compact land area and heritage constraints justify the premium over more traditional terrace stock in the same street.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 5 Lombard Street, Glebe NSW 2037
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Market Insight:

Glebeโ€™s prime inner-city positioning attracts a diverse professional and family demographic, underpinned by strong rental demand from its proximity to the CBD and upcoming transport upgrades. The market shows resilience in houses with steady growth, while the unit segment has experienced recent price adjustments, reflecting a nuanced market. Future growth is supported by sustained urban job markets and vibrant local amenities, though investors should note competitive buyer conditions and potential oversupply in new apartment developments.
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PropCred Estimated Value

Bedrooms

4

Bathroom

3

Parking

-

Land

142mยฒ

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