9/49 Charlotte Street, Ashfield NSW 2131

9/49 Charlotte Street, Ashfield NSW 2131
Top-floor position | 143mยฒ internal | 3-bedroom rarity in 16-unit block | Ashfield’s premium pocket This property offers a genuinely rare configuration in Ashfield’s established apartment market. The top-floor positioning provides natural light advantages and privacy that lower units cannot match, while the 143mยฒ internal area is unusually generous for a three-bedroom apartment. The building’s small 16-unit scale and 65% owner-occupancy rate suggests a well-maintained block with stable neighbours, which is increasingly valued in the current market. This unit will appeal most to owner-occupiers seeking space and light without moving to a house, or to downsizers who prioritise location and comfort over land. The primary risk is the single bathroom, which may limit appeal for families or investors targeting share-households. The auction campaign is brief, with only three weeks of inspections, suggesting the agent expects strong local interest and may be testing a price point above recent comparable sales โ€” the 2-bedroom unit in the same building sold for $975,000 in February 2025. No rental history is available, which makes investment yield projections uncertain. However, the lack of recent 3-bedroom sales in the building creates an opportunity for a buyer who can move decisively and negotiate without direct comparable pressure.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 9/49 Charlotte Street, Ashfield NSW 2131
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Market Insight:

Ashfield’s Inner West location attracts a young, professional demographic, driving strong demand for its predominantly apartment-based housing. This active market, characterised by high sales volumes, has delivered solid price growth, particularly for units. Future prospects are supported by sustained buyer interest, though affordability pressures and a constrained supply pipeline present notable headwinds for continued expansion.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

1624mยฒ

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