Good value properties in Sydney for less than $1.25 million

415D/5 Pope Street, Ryde
$1.05 million +
3 bed, 2 bath, 1 car

Punching above its weight on several fronts, the fourth-floor apartment has city skyline views and an 80 sq m terrace that outshines the outdoor spaces in many inner-city houses. The estimated weekly rent is about $1000 – which is a gross yield of 4.95 per cent at this price – and the location above Top Ryde City Shopping Centre is ultra-convenient.

Inspect: Sat 1pm-1.30pm; Thu 6pm-6.30pm
Agent: McGrath Ryde, 0418 637 593
Auction: December 19

103 Station Street, Arncliffe
$1.2 million +
3 bed, 1 bath, 1 car

A classic California bungalow with contemporary interiors, the home on 450 sq m has a child-friendly, north-facing yard with district views. There’s storage aplenty in the attic and basement. Arncliffe has experienced strong capital growth in the past two years, boosted by more frequent peak-hour trains to the city and eastern suburbs.

Inspect: By appointment
Agent: Day and Hodgson, 0423 340 192

5/68 Johnston Crescent, Lane Cove North
$1.05 million +
3 bed, 2 bath, 2 car

With the median price for three-bedroom houses in Lane Cove around the $1.3 million mark, this recently renovated townhouse offers a more affordable family-friendly alternative. Modest strata fees of $700 a quarter add to the appeal. The north-facing yard provides gated access to a shared playground. The double garage includes a workshop space.

Inspect: Sat and Wed, 11am-11.30am
Agent: Belle Lane Cove, 0420 455 441
Auction: December 16

2 Ewart Street, Marrickville
$1.15 million +
3 bed, 1 bath, 1 car

It’s rare to find a double-fronted free-standing home on such a large block for under $1.2 million in these parts. The trade-off with this California bungalow is the condition of the interiors, which are ripe for renovation. There’s a gas kitchen, covered patio overlooking the rear yard and lock-up garage.

Inspect: By appointment
Agent: Raine & Horne Marrickville, 0400 288 647