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Overview
This freestanding house in Tempe presents a compelling opportunity for those eager to craft a personalized dwelling or development project in a well-located suburb. Set on a substantial 316sqm double-fronted corner block, the property offers a rare combination of space and potential.
The home itself retains its original character, having been rarely changed in nearly 50 years, and features a basic layout including separate lounge and dining areas, three bedrooms, a single bathroom, and a functional gas kitchen. The inclusion of a lock-up garage and additional storerooms adds practical utility.
While the property may require renovation or modernization, its significant land size and wide frontage provide excellent scope for extension or even the possibility of a duplex development, subject to council approval. The generous block size and strategic location position this home as an appealing prospect for renovators or astute investors looking to capitalize on the strong growth and lifestyle attributes of the inner west Sydney market.
- Potential for customization and expansion to suit a variety of living needs
- Conveniently located just 600 metres from Sydenham Metro station, affording easy access to Sydney CBD (7.5km)
- Close proximity to parks and cycleways enhancing outdoor recreational options
Overall, this property is suited to buyers seeking a project in a vibrant suburb with excellent transport and lifestyle amenities nearby, offering future value growth in an evolving market.
Local Market Insights
In Tempe, Quiet Listings observed 9 new houses entering the market over the last 30 days, up from 6 during the previous 30-day period, with an average advertised asking price of $1,682,778. The property type mix of listed properties is predominantly Houses at 82%, followed by apartments (9%), and commercial properties (9%). The most active agency for houses in the Tempe area is currently Bresic Whitney, representing 56% of new listings, followed by Raine & Horne with 22%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Tempe NSW 2044
Market Insights for Tempe NSW 2044
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