Property market: Sydney homes and apartments for less than $1 million

Redfern

23 Morehead Street

Guide: $850,000

2 bed, 1 bath, 0 car

This two-level workers cottage is compact but priced well below the suburb’s $1,130,500 median for a two-bedroom house. A sitting room with fireplace and one bedroom with an enclosed balcony are on the entry level while a second bedroom, an airy kitchen and a reasonable sized courtyard are downstairs.

Inspect: Sat and Wed, 10.15am-11am

Agent: Kellys, 0417 441 393

Auction: March 19

Drummoyne

1/10 Tranmere Street

Guide: $950,000 – $1 million

3 bed, 2 bath, 2 car

A three-bedroom house in this harbourfront suburb costs on average about $1.7 million, so this garden-style townhouse might be a wise choice. It has two courtyards, a spacious open-plan living and dining room with a garden outlook and the main bedroom has a balcony. The water is just two blocks away.

Strata: $840 pq

Inspect: Sat and Wed, 12.15pm-12.45pm

Agent: Ward Partners, 0417 942 223

Auction: March 12

Earlwood

25 Richmond Street

Guide: $800,000 – $870,000

3 bed, 1 bath, 1 car

A three-bedroom house a few doors away sold for $1,225,000 last May. This one is on a smaller block but it has good proportions internally and has both an attic and lower-floor storage. The large and bright lounge room steps onto a timber deck and there’s a private paved courtyard.

Inspect: Sat and Wed, 11am-11.30am

Agent: McGrath Leichhardt, 0415 901 279

Auction: March 19

St Leonards

50/54 Christie Street

Guide: $900,000 – $950,000

2 bed, 2 bath, 1 car

This second-floor, 97-square-metre unit is in the Mirvac-built “Shoremark”, considered one of the best apartment blocks in St Leonards. It overlooks the building’s central gardens and it could be rented for $850 a week – yielding at least 4.65 per cent, the agent says.

Strata: $1447 pq

Inspect: Sat and Wed, noon-12.30pm

Agent: Raine & Horne St Leonards, 0413 736 539

Auction: March 12