Property Of The Week: 4/5 Alfred Street, Lilyfield, NSW
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Property Of The Week: 4/5 Alfred Street, Lilyfield, NSW

Modern living, moments from Sydney’s CBD.

By Terry Christodoulou
Wed, Apr 7, 2021 1:47pmGrey Clock < 1 min

Step inside this bright, modern, boutique townhouse-style residence and be welcomed by a swathe of contemporary upgrades.

The 3-bedroom, 2-bathroom, 2-car garage residence boasts a spacious floorplan spread across three levels, totalling approx. 298sqm.

The open plan living and dining area hosts a recently refitted kitchen – complete with Miele appliances, gas cooktops and a marble splashback – alongside sliding doors that guide you to the outdoor entertaining area.

Here, a beautiful north rear garden is ideal for dinner parties, complete with verdant hedging for privacy and timber decking. The home is further enhanced by a quiet street setting and its own private entrance.

Further, the three bedrooms are split over two levels, with the main arriving with a walk-in-robe and ensuite. The second bedroom offers an incredible amount of robe space.

Elsewhere, the bathroom, ensuite and powder room has all been recently renovated with contemporary tiling and fixtures presented.

The home arrives with plenty of storage, including a range of options for under-roof storage on the 2nd level, and a storage room or cellar offered in the basement.

Nearby to Leichhardt’s Norton street eateries, city buses and the light rail, the property is headed to auction on Saturday, April 10. Price guide, $2 million;


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Tue, Dec 6, 2022 < 1 min

The cash rate now stands at 3.1 percent following the Reserve Bank of Australia’s decision today to rise it a further 25 basis points. The big four banks all predicted a rate rise, the eighth consecutive rise since April this year, as the RBA presses on in its battle to tackle inflation, which currently sits at 7.3 percent.

The rate tightening of 300 basis points, the largest since the early 2000s, appears to have softened spending through September, however, CoreLogic says it may be too early for a pause, with ABS business indicators data reflecting a 2.9 percent increase in wages and salaries, a growth rate not seen since 2007.

The latest increase may put a dampener on Christmas and summer holiday spending, adding another $75 a month to mortgages of $500,000. Those with mortgages of $1.5 million have seen their monthly repayments increase by $2500 since April.

Major bank forecasts expect cash rates to peak somewhere between 3.1 percent and 3.85 percent.

The RBA board will next meet in February 2023.

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