Heritage listed house

Hi

We’ve been looking for a ppor and love this part of Penshurst

we tried getting a house here but it went for 400k over guide and I don’t think we can get a 3bd which we need

this ones come up, it’s a bit different, guide is 1.3-1.4 but it’s heritage listed. Is it too complicated? Doesn’t it detract from value?

8 Leeder Avenue, Penshurst | Property History & Address Research | Domain

 

Not sure about value, but it 100% doesn't affect lending. I know this cause I asked my broker about this recently.

 

It bolsters the price of the suburb - check out other heritage areas eg Haberfield, Burwood Heights, The Rocks etc.

 

It's very pretty. I reckon you'll have competition to buy it....

 

Outside would have looked better if they left the original brick instead of rendering it.

But the inside is to die for.

 

I like it - close to the railway & shops, nice street appeal. The better side of Penshurst.
I think the price guide is too low.

EDIT - maybe check the garage door/height - it looks very low. Garage door appears to be a window roller shutter?

 

The roughcast is original, I assume that you are referring to the rest of the render?

I would remove the canvas awning & replace it with a timber/tile sun hood.

 

I'm referring to the outside. So that's the original? I didn't realise.

 

Yeah I don’t believe the guide either, it was very busy during the first open. But it did sell for under 1.2 in 2019

Two recent sales, 540+ sqm blocks with nice houses went for 1.67 and 1.82, surely this would be under 1.5?

the garage is storage only, and the driveway isn’t usable. There’s a pole very close I’m assuming council won’t approve it

 

I love driving down Haberfield. There are a few streets just lined with huge mature trees, don't remember the names. They are sooo nice.

 

1. Guess you can always add a chock on the street to access the “driveway”, not sure if someone is going to park you in though.
2. There’s a great big water tower behind, it would turn some people off, but as a whole, it’s quiet, just a “negative” visual feature. If it could be nicely painted, it could even add value....

 

yep exactly what I was thinking of doing. It’s a no through road so shouldn’t be parked in

the water towers are heritage listed too, I don’t mind them

 

Other than Ramsay/Dalhousie/Waratah Sts just about every other street has mature brushbox.

 

You know what I love the most, how they plant trees in the actual street. I don't know why more councils don't do this, it's an incredible look.