Sydney's Inner West Under $1.5 Million
Kanebridge News
Share Button

Sydney’s Inner West Under $1.5 Million

The best buys inside Sydney’s trendiest locale.

By Terry Christodoulou
Tue, Oct 12, 2021 4:17pmGrey Clock 3 min

40/22 Newington Road Marrickville NSW 2204

40/22 Newington Road Marrickville NSW 2204

A sprawling two-level, 4-bedroom, 2-bathroom, 1-car parking townhouse set in Sydney’s trendy Marrickville is bathed in natural light and offers a lush, east-facing garden.

Inside sees 176sqm of living space with a freshly painted interior and Tasmanian Oak polished floorboards accompanying the open plan living and dining area.

Here, the open space breakfast bar and generously sized kitchen form the heart of the space.

Elsewhere the townhouse sees four double bedrooms with built-ins, with the main boasting an ensuite and balcony access.

However, the true highlight of the home is the backyard, with a covered sundeck ripe for entertaining.

The listing is conveniently located just a 10-minute walk from Enmore theatre and its surrounding bars and restaurants.

The listing is with Ray White Surry Hills; raywhiitesurryhills.com.au


601C/5 Hadfields Street, Erskineville NSW 2043

601C/5 Hadfields Street, Erskineville NSW 2043

Boasting a ‘must-see’ floor plan comes this expansive 3-bedroom, 2-bathroom, 1-car parking apartment in the ‘One A’ complex.

Located in the heart of Erskineville, the apartment is just 3km to Sydney CBD and features an industrial design throughout, paired with oak flooring.

A designer kitchen with a large breakfast nook is paired with a wide living area and a large entertainer’s balcony.

The accommodation consists of a master bedroom, tucked away from the rest of the home with a deluxe ensuite, double built-in robes and study nook.

The bathrooms are fitted with a frameless shower, terrazzo stone and designer fitting.

The listing is with Just Ruan of JR Landing. Price guide $1,500,000; jrlanding.com.au

 

8 Queen Street Glebe NSW 2037

8 Queen Street Glebe NSW 2037

Classic charm and designer style combine in this three-level terrace within walking distance of Glebe village.

Withing the elegant Victorian façade, complete with classic iron lacework balconies comes a 2-bedroom, 1-bathroom, 1-car parking home with polished hardwood floors and high ceilings.

Fireplaces dot the home with one in the living and dining room alongside custom cabinetry and a further fireplace in the master bedroom.

Of the accommodation, the home sees two double bedrooms and a study that can easily be converted – all with built-in robes.

The sleek white kitchen connects to the casual living with banquette seating that doubles as storage while cedar bi-fold doors lead one to a deck and jasmine-framed courtyard.

The listing is with Ray White Surry Hills; raywhitesurryhills.com.au

 

35/10 Pyrmont Bridge Road Camperdown NSW 2050

35/10 Pyrmont Bridge Road Camperdown NSW 2050

A New York loft-style, 2-bedroom, 2-bathroom, 1-car parking apartment with panoramic views is on the market.

Here, a clever floorplan across two levels optimises the proportions of the home and makes good use of the double-height ceilings.

The entry-level sees the bedrooms with the main enjoying its own dressing room and ensuite.

The upper level sees an open plan living and dining space with access to a massive entertaining balcony.

From the entertaining balcony, one can see panoramas that span to the Anzac Bridge and city skyline.

Within the complex comes an indoor and outdoor swimming pool, gym and shared gardens.

The listing is with David Murphy Residential; Davidmurphy.com.au

 

20 Susan Street Newtown NSW 2042

20 Susan Street Newtown NSW 2042

Behind the traditional facade of this attractive character cottage lies a cleverly designed interior that’s surprisingly spacious, bright and exceptionally private.

Nearby to Newtown’s highlights such as public transport, cafes, shopping and cinema along King Street, the home 2-bedroom, 1-bathroom home features a generous layout with cathedral high ceiling and Tasmanian oak flooring underfoot.

The main level houses the open plan living, kitchen and dining area replete with a fireplace as well as a bedroom and bathroom.

The upper level houses the master suite with balcony access and a built-in robe.

Outside sees a well-appointed decked courtyard ideal for entertaining.

The listing is with Ray White Newtown; raywhiteinnerwest.com.au



MOST POPULAR
11 ACRES ROAD, KELLYVILLE, NSW

This stylish family home combines a classic palette and finishes with a flexible floorplan

35 North Street Windsor

Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.

Related Stories
Property
Thousands of Australian companies on the brink of going into administration as EOFY nears
By Bronwyn Allen 21/06/2024
Property
Belle Epoque Estate Lists in France’s Fragrant Perfume Capital
By CHAVA GOURARIE 21/06/2024
Property
The significant retirement cost awaiting more Australian homeowners
By Bronwyn Allen 20/06/2024
Thousands of Australian companies on the brink of going into administration as EOFY nears

Along with high inflation and weak consumer spending, there’s another key factor pushing a record number of businesses to the edge

By Bronwyn Allen
Fri, Jun 21, 2024 3 min

More than 10,000 companies are expected to have entered external administration by the end of the 2024 financial year, a level not seen for more than a decade. Data just released by the Australian Securities & Investments Commission (ASIC) shows 1,245 companies became insolvent in May, the highest monthly number this financial year. At present, a total of 9,988 businesses have gone bust in FY24 with data from June yet to be finalised.

Deloitte Access Economics Partner David Rumbens said the surge in business insolvencies this year was a “clear sign of economic distress”.

He commented: “[ASIC] predicts that by the end of the financial year, the number of companies entering external administration will likely exceed 10,000 – a level not seen since 2012-13, in the aftermath of the Global Financial Crisis (GFC).”

Mr Rumbens said the elements contributing to this year’s surge in insolvencies include high inflation and interest rates, weak consumer spending, and the commencement of more proactive tax debt collection activities by the Australian Taxation Office (ATO).

“One of the key factors contributing to this surge in insolvencies is the [ATO] pursuing debts that were previously put on hold during the COVID-19 pandemic,” he said.

Mr Rumbens cited ATO figures showing collectable debt rose 89 percent in the four years to June 2023. This has particularly impacted small businesses, which account for approximately 65 percent of the total debt owed at about $33 billion. “But more strictly enforced debt collection is coming at a time of tough economic conditions. High interest rates and cost-of-living pressures have weakened consumer spending, particularly in more discretionary components of spending.”

The construction sector has seen the highest number of insolvencies by far in FY24, mirroring the trend of FY23. Of the 9,988 insolvencies to date, 2,711 of them are in the building sector, which faces several challenges. These include a substantial lift in the cost of construction materials that is well above inflation and has made many fixed-price contracts signed within the past few years unprofitable. There is also a significant labour shortage that is delaying new home completions and new project starts, and also adding higher costs to projects.

“The construction sector has been hit particularly hard, with construction firms leading industry insolvencies in every quarter since mid-2021,” Mr Rumbens said. “They have accounted for approximately 25 percent of all insolvencies during this period. The residential construction sector is already facing a backlog of projects to complete as a result of skills and material shortages in recent years, and increased insolvencies in the sector may only exacerbate the problem of housing shortages.”

The ASIC data shows the next biggest industry affected is ‘other services’, which includes a broad range of personal care services such as hair, beauty, dietary, and death care services. The sector has seen 939 insolvencies in FY24. Retail trade is next with 687 insolvencies, followed by professional, scientific and technical services with 585 insolvencies.

“The food & accommodation sector has also experienced a wave of insolvencies. High input costs, worker shortages, and weak consumer sentiment have put pressure on businesses. Specifically, in March, cafés, restaurants, and takeaway businesses accounted for 5.5 percent of total business insolvencies, the highest proportion in the last three years.”

Mr Rumbens pointed out that while the number of insolvencies was high, it represents a lower share of the business sector at 0.33 percent than it did in FY13 when it was 0.53 percent. “This reflects the increase of registered companies in Australia, which has risen from just over two million to 3.3 million since 2012-13. Even so, the continued lift in insolvencies since 2021 highlights the difficult conditions many businesses face at present.”

 

 

MOST POPULAR
11 ACRES ROAD, KELLYVILLE, NSW

This stylish family home combines a classic palette and finishes with a flexible floorplan

35 North Street Windsor

Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.

Related Stories
Property
Bats, Asbestos, a Leaky Roof: This English Estate Proved to be the Ultimate Fixer-Upper
By RUTH BLOOMFIELD 20/06/2024
Property
The significant retirement cost awaiting more Australian homeowners
By Bronwyn Allen 20/06/2024
Money
New York Watch Auctions Record Uptick in Sales in the Face of Market Slowdown
By LAURIE KAHLE 24/06/2024
0
    Your Cart
    Your cart is emptyReturn to Shop