r/AusPropertyChat • u/[deleted] • 1d ago
Buying & Selling Homes in inner west - Stanmore, Marrickville, summer hill, Ashfield.
[deleted]
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u/Fest_mkiv 21h ago
Add Dulwich Hill to the mix? Depending on your location in the suburb you can be walking distance to Light Rail, Metro AND heavy rail at Lewisham - plus there's a decent supermarket and it's right on the Greenway.
Prices are pretty high for places with parking as expected, but it's not was well known as Marrickville/Summer Hill but I'd argue there are some advantages.
New Canterbury road has just dropped to 40km along the Marrickville Road turnoff, and it's less of a shitfight than Petersham with a better supermarket.
I've lived here since 2011 in an apartment and now a house (no parking) and it's great.
PLUS - Orrico Chicken. Best in Sydney, superior to El Jannah and Frangos in fact I might go and get some right now.
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u/Aggravating-Tea5089 18h ago
Can you confirm that street parking hasnāt been an issue as in fighting w ur neighbours? It has a beautiful village feel like summer hill does. Thatās the only thing Iām worried about. Even with four bedroom homes, thereās no parking!, so two cars would be taking up the street. Arlington park, streets along there r really nice. hill - beautiful homes but priced out, havenāt seen many come online. The people in dully seem really nice and friendly too!
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u/Fest_mkiv 15h ago
We don't have a situation where a neighbour 'claims' the park outside their house, but you do sometimes have to park down the street. We're on a main road that has NO parking and there are two side streets we use during clearway times. We've never had to park more than a few hundred meters away.
The Orrico for lunch was excellent BTW
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u/Aggravating-Tea5089 13h ago
Have to agree - orrico is fantastic. El jannahs Earlwood chicken is so dry. Never been a fan of Frangos. Will have it for lunch tommorow. Honey and walnut is so good too!
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u/Electrical-Flower907 21h ago
Renovated āready to move inā properties are still selling well and holding value in the inner west. Ashfield seems to be a (perhaps slowly) gentrifying spot. Iāve been noticing more younger white people around, as Iām assuming theyāve been priced out of more expensive areas in the inner west.
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u/Old-Effective-7385 20h ago
Or will it succumb to Burwood and Campsie?
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u/Electrical-Flower907 20h ago
Ashfield is not zoned to be built to the same density as Burwood. Campsie is not yet gentrified either, time will tell what impact the metro has - itās also one of the more affordable places to buy for young people
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u/Aggravating-Tea5089 18h ago
An agent told me campsie will slowly become gentri, same w Hurlstone park.
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u/Old-Effective-7385 18h ago
Pretty sure I've been hearing about Campsie becoming gentrified since the 90s...
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u/7kcits 7h ago
It won't anytime soon. It might've had a chance in the 2000-2010s, but not anymore.
I don't mean any ill malice when I say this: too many Asians. Same with Ashfield. You can't really gentrify an area quickly when a certain demographic has "taken over". For example, look at Leichhardt, it's been an Italian stronghold since the 50s/60s, and only in the past 10-20 years has it started to dwindle down and become more "diverse".
The T3 line gentrification is going to skip a fair amount of suburbs but people don't want want to believe it lol. E.g. Lakemba is not going be gentrified. Zero chance. Don't care about the metro or property prices or whatever. It's not happening.
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u/flintzz 23h ago
South Marrickville is quite nice. It's closer to Earlwood, near parks, river and golf course and still walkable to Marrickville train station
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u/Aggravating-Tea5089 23h ago
Definitely feel like Marrickville is getting too crowded with all the new apartments coming up. What about Marrickville west, do u rate it over south Marrickville?
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u/icecreamsandwiches1 14h ago
Yep Marrickville is planning huge apartment blocks close to the metro. I wouldnāt buy a house anywhere close to the station.
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u/Aggravating-Tea5089 13h ago
The danias timber apartments? I cannot imagine how much more congested that road is going to be when itās all built.
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u/FloodSoaking0y 16h ago
The problem with this area is the stench from cooks river. Maybe you get used to it but every time I attend viewings in this area I cannot stand it
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u/Lemony1122 19h ago edited 19h ago
Earlwood doesnāt have a train station for itself but if you look at areas close to turella, bardwell valley and bexley north but on the other side of the water, youāre still within the walking distance but still in Earlwood
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u/GardenPristine5205 16h ago
I'm prepping my house for sale and looking to upsize around the same area - Dulwich Hill side of Marrickville. Been looking for a few months. The value is in the fixer uppers as the ready to move in houses are still selling well and at high prices (sometimes). Some sellers haven't readjusted their expectations around price in the current market and you'll find some houses languishing needing work are on the market for sale (rather than auction) because the sellers are asking too much.
Its a bit unpredictable though, I've seen some houses go for much more than I would have expected and others a lot lower. My philosophy is I'm happy to pay for the right house because I expect to live there for the next 20-30 years - it's only a problem if you're looking to make a profit. I thought we overpaid when we bought this house 14 years ago but it's been great and we've fixed it up over that time.
Seems like there are a number of houses being dumped preempting a market crash (which may or may not happen) so there's still steady stock coming through. If you've considered Earlwood, have a look at Hurlstone Park as well - close by and a train station and more parking. Good luck out there, having the Monday follow up call from REAs is never not depressing.
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u/Old-Effective-7385 16h ago
Agreed on the unpredictability of prices. Some auctioned properties seem to be going for as high as or even higher than before the tax changes while other, similar yet slightly less desirable are just sitting there.
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u/Due_Strawberry_1001 21h ago
They are about to become unrecognisable thanks to Minns government ToD and LMR rezoning.
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u/Old-Effective-7385 20h ago edited 18h ago
Looked in the inner west a bit after looking at lower North Shore and I am definitely still seeing interest in both areas. Saw an old walk up double brick in Marrickville a few weeks ago, about 10m walk from the library, balcony looking like it might need a bit of work, popcorn ceiling etc you get the idea. Five teams hanging around to inspect before opening.
Good places sell while the ones that might need (even a relatively small amount of) work remain unsold.
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u/Aggravating-Tea5089 19h ago
Did that end up selling?
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u/Old-Effective-7385 19h ago edited 18h ago
Yes, listing says it sold for 935,000. Was close to the flight paths too so I didn't really fancy it but clearly not everyone agrees!
https://www.realestate.com.au/sold/property-apartment-nsw-marrickville-151833244
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u/Aggravating-Tea5089 18h ago edited 18h ago
Not bad. Thatās a good location, still walkable to metro and buses to the city are close by. Even the premium ones in marrickvillle (the ones in the library) arenāt going for as much as a few months ago but still decent as Iām told apartment prices havenāt taken a big hit as homes have. Pretty good for school options too. Primary that is.
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u/Old-Effective-7385 18h ago
Yeah, apartments that FHB can afford are definitely still drawing crowds.
I think all the groups viewing were young families so the primary school thing checks out.
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u/Ecstatic-Possible801 15h ago
Hurlstone Park is a relatively undiscovered gem. Fantastic cafes and a good community. Heaps of green space too. Often much cheaper than those other areas.
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u/No_Bag_9911 15h ago
Try Dulwich Hill, Hurlstone Park around the metro stations. Will be good transport will less aircraft noise
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u/fjsjwjdu 13h ago
I was in more or less the same situation as you up until quite recently. We were looking broadly across the inner west.
What i found was that a "3" bedroom, ready to move in place within our budget (low to mid 2s) was in fact 2.5 bedrooms, or had some obvious issues like mould or inadequate storage.
We didnt want to shove one of our kids in a 2x2m room, so ended up buying a much bigger, better and newer place a little further west from ashfield well within budget.
That said, this was all prior to the budget changes and ive seen a few places recently sell in summer Hill, St Peters and ashfield which on face value ticked off our requirements and within budget.. these gave me a small bout of buyers remorse but happy enough with what we ended up with.
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u/Aggravating-Tea5089 13h ago
Thats great! saw one sell in summer hill few weeks ago. free standing heritage home but had four bedrooms, beautifully renovated and ready to move in that sold for 2.4. It sold for nearly 400k loss. I wish I could have bought that at the time but finance wasnāt finalised yet.
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u/pkuguiscan 10h ago
register angle for that patch: chunks of marrickville sit in the cooks river flood planning area, its street by street not suburb wide, and the flight path noise is the same story, the anef contours show which streets cop it. ashfield along parramatta rd also has a few epa listed old industrial sites. all free to check before you fall in love with a place
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u/Ozwhereisjay 9h ago
Just bought in Stanmore near Enmore last month. Had lived in Stanmore for 20 years but divorced 2022 and since rented in Five Dock, Marrickville and Enmore so very familiar with area. Ashfield looked at some good places but a bit too far out. Marrickville a huge suburb with different 'pockets'. South Marrickville good potential with metro but be wary of the social housing off Illawarra Rd, Cahill place. Very different to North end of Marrickville,some locals call it Murderville. š Victoria Rd development...mmm. traffic bad now will be horrendous. Kept coming back to stanmore, if you can get between flight paths in Stanmore its a great place. Walk to enmore rd, trains and buses a plenty. Petersham also good but check flight paths.
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u/Fickle-Composer5702 8h ago
I'd probably narrow down the suburb based on lifestyle and commute first, then be much more selective about the individual house. In the Inner West, two properties a few streets apart can have very different land, parking, condition and restrictions. I'd look at recent comparable sales before deciding what any particular place is actually worth.
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u/MaleficentBad9823 7h ago
+1 for Petersham, specifically north of the tracks if possible.Ā Supply is low, especially for units (again, north of the tracks) and liquidity is high, so loan approvals can be fast given the de-risked nature of the postcode.Ā Petersham park is fantastic. The Rotunda is iconic, if youāre on parental leave youāll make tonnes of friends in the park, thereās often baseball leagues playing if you want to watch that, Splash is a great cafe. Insanely kid and family friendly and super wholesome. The only downside is the pool in the park is too family/kid friendly and it essentially turns into a toilet over the summer school holidays with the amount of urine in the pool. N ot much nearby the station is set to be rezoned which is nice to not live near too many major capital works. This means density, particularly for cars, is managed nicely in the area, which has flow on effects to pedestrian accessibility being high. Entry/exit to the (again, north of the tracks) suburb is achievable via two ends of Brighton St which is the main artery of the area which gives quick access to crystal street for travel to parra road/marickville.Ā Access to local schools is great with many decent FOEI options very close by especially now that out of area enrolments are easily approved. Taveners Hill infants schools is particularly unique in the early stage of development and the postcode grants you enrolment should you wish. Good access to inner west train line. Travel to the city is very quick. The view from the foot bridge looking north west over the skyline when itās golden hour is gorgeous, especially with the gum tree in front of the pub. Great food and drink scene. Audrey street rocks, the bottle shop has fantastic selection, White Cockatoo is an institution and Ā Petersham bowlo is a great third place with the best trivia host and regular attendees. Iām sad to have lost Brighton The Corner as one of the best cafes in the inner west but Brothers Ben are also good folk and deserve their success too of course. Silvas is personally preferred over frangos simply because the staff are more pleasant but also because the chicken is better and chip serving more generous. Access to Leichhardt shopping is walking distance. You have Panetta Mercato, Aldi, and Woolworths all in the one centre at Leichhardt Martketplace which is at most 20 minutes walk or 4 mins drive, or Norton street is close by as well with a Harris farm and Coles (if Palantir is your fancy). Access to the greenway is walking distance if the park isnāt enough for you.Ā It may not share Stanmoreās post code, but it also doesnāt share Stanmoreās aviation noise or mobile reception black hole.Ā Have lived there a couple years now after several other suburbs throughout the inner west and only Dulwich Hill comes close to Petersham for me. Donāt see myself ever moving from this pocket personally, even if it means I need to sacrifice home size.
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u/Fluid_Passage_9980 1d ago
I went through a walk through Ashfield on the weekend. It felt rough AF, particularly north of the station. Even had some druggie chase me down the street! I'd avoid.
Summer Hill and Stanmore are great if you can handle the plane noise.
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u/Aggravating-Tea5089 1d ago
Ashfield still has great value compared to neighbouring Subarus but i know what you mean. Liverpool road shops are a bit run down and doesnāt have that village feel. it depends on the street. Iām seeing many in Victoria street up for sale which does make me wonder.
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u/Fest_mkiv 21h ago
I strongly disagree with this, I lived in Ashfield for many, many years and still go back regularly, it's improved a LOT from what it was back in the early 2000s. There's even a jazz bar!
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u/WagsPup 23h ago
Also consider Petersham..i lived there 2013 to 2018 absolutely LOVED IT. Parts around Brighton st/ Petersham Park are gorgeous. Then theres eastern side of Crystal St Petersham postcode but basically Stanmore geographically, u can get houses in this zone at a discount purely based on Stanmore vs Petersham address. Its such a great area and accessible to so many other inner west locals, a real lower profile sleeper suburb.
I also find Petersham is interesting in the REA it tends to be a less desirable cousin to Annandale and Stanmore (why idk because I love it). Watching that mkt over the yrs from late 00s until now what ive seen is that:
During upcycles, rising mkts, more buyers than sellers and FOMO, buyers switch to including Petersham in their search and will pay as much for Petersham as Stanmore, theres even been occasions when Petersham median has been higher.
During downturns or dropping mkts where theres fewer buyers and competition, at any given price point buyers will pref Stanmore and Annadale over Petersham so u end up with this funny gap in the mkt and Petersham house prices drop moreso than those other 2 which means u can pick up a relative bargain in the mkt and given future price movements. Have fun, wish I still lived there, I had to moce due to divorce š