This pint-sized Marrickville property packs a floor-plan punch

This petite property in a multimillion-dollar suburb, is on the market for the first time in more than half a century. 

First-home buyers and investors are circling the brick home at 14 Calvert Street in Marrickville, in Sydney’s Inner West.

The lilliputian three-bedroom pad on 190 square metres is headed to auction on September 27. Although it does not yet have a price guide, it’s in a prime position in a booming postcode where the median house price is more than $2 million. 

The owners emigrated to Australia from Greece in 1965, agent Lambros Markessinis of Time Realty says. They didn’t know any English and worked hard, “often for seven days a week”, to take out a home loan, he says.

They were among many migrants who became proud home owners and shaped the suburb.

“They made friends readily with others, who helped them feel welcome,” Markessinis says. “The neighbourhood back then was predominantly other migrants such as Greeks, Lebanese and Italians. Everyone helped each other and it was a happy and safe time, with young families everywhere.”

The classic abode has remained part of the family since.

“It’s time for them to move on, and they’re sad for the property to go, but this is what happens,” Markessinis says. “The home holds many happy memories of a new beginning and they hope it will provide the same for the buyer.”

The free-standing property has a successful track record as a rental and, during its first week on the market, has attracted investor interest.

However, first-home buyers and young families eyeing off the vibrant Inner West are also in the mix. “It’s a perfect family investment area, not too far from the city,” Markessinis says.

The block is small, but the floor plan still packs in three bedrooms, two bathrooms (one external, both with vintage tiles), a neat kitchen, timber floors, high ceilings and a paved courtyard.

Buyers will relish the bonus off-street parking – a rarity in city-fringe suburbs.

Marrickville’s median house price hit $2.12 million in the June quarter, representing a rise of 6 per cent over 12 months and 43.7 per cent over five years.

Calvert Street is steps from Marrickville’s lifestyle hub, just seven kilometres south-west of the CBD. “It’s got everything, from a shopping centre to restaurants and little cafes,” Markessinis says.

Most outside of Sydney know Marrickville as the former base of Prime Minister Anthony Albanese.

He sold his long-time Marrickville home in 2021, a year before he was sworn in to the top job.

Auction | Time Realty

14 Calvert Street, Marrickville NSW 2204

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