9 Islington Street, Islington NSW 2296

Classic Islington terrace | rear lane parking | flood overlay present | suited to owner-occupier or yield investor This property sits in a tightly held pocket of Islington where terrace stock rarely trades, giving a buyer unusual negotiating leverage in a street with no recent comparable sales. The 95sqm land footprint with rear lane access is competitively rare for a two-bedroom terrace, effectively offering off-street parking without sacrificing street presence. It serves best the owner-occupier seeking a walkable, character-rich location with long-term capital growth potential, or an investor targeting stable rental demand from the 20-39 age cohort that dominates the suburb. The flood overlay is the primary risk , it may constrain renovation scope and affect lender appetite, so a full council flood report and building inspection are non-negotiable before exchange. A well-executed cosmetic update could lift rental yield above the current $680pw estimate, though structural work would erode that margin. Hold this property as a medium-term positional play on Islington’s gentrification trajectory, not for quick flipping.