Smart buys: Sydney homes for less than $1.1 million

1/12 Hurlstone Avenue, Hurlstone Park
Guide: $900,000
3 bed, 1 bath, 2 car

The median house price in Hurlstone Park is up 7.1 per cent this year to $1,424,000. But for far less than that you can get this bright family home that offers a modern kitchen and bathroom, polished timber floors and both front and back gardens for the kids. 

Inspect: Sat, 10.30am-11am
Agent: Raine & Horne Marrickville, 0400 288 647
Auction: September 21
See more at: domain.com.au/2013006601

14/1 King Street, Balmain
Guide: $560,000
1 bed, 1 bath, 1 car

Just behind Darling Street, this second-floor, 39-square-metre unit has car parking and a leafy view. It has a new kitchen, a low strata levy and a communal laundry on its floor. The potential weekly rent of $475 would deliver a 4.41 per cent yield at this price. 

Inspect: Sat, 10am-10.30am  
Strata: $443 pq
Auction: September 29
See more at: domain.com.au/2013044557

31 Terry Street, Surry Hills
Guide: $850,000 – $900,000
2 bed, 1 bath, 0 car

The agent reckons that $100,000 would need to be spent getting this unrenovated terrace back into shape, and that once that’s done it could resell for about $1.1 million. It’s one block from Central station and zoned B4 Mixed Use.

Inspect: Sat, 11.30am-12pm; Wed, 12.30pm-1pm
Agent: Wiseberry Enmore, 0418 496 571
Auction: September 24
See more at: domain.com.au/2013025124

2/121 Foster Street, Leichhardt
Guide: $600,000
2 bed, 1 bath, 0 car

Featuring two levels and stepping out to a communal courtyard, this apartment feels more like a townhouse. It’s near the local shops, transport and parks and could be rented for $480 a week, yielding 4.16 per cent at this price.

Strata: $450 pq
Inspect: Sat, 9.30am-10am; Wed, 5.30pm-6pm
Agent: Ray White Erskineville, 0423 941 112
Auction: October 1
See more at: domain.com.au/2013043462