491 Marrickville Road, Dulwich Hill, NSW 2203 | Property Value & History | OnTheHouse
FOR SALE

491 Marrickville Road
Dulwich Hill NSW 2203

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 118m2
Land area: 151m2
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Property Details for 491 Marrickville Rd, Dulwich Hill

Building Type
Commercial
Floor Size
118m2
Land Size
151m2
Local Government
Inner West
Lot/Plan
2/DP936847

Last Listing description (April 2025)

We're pleased to present an exceptional opportunity to secure a
DA-approved development site in the heart of Dulwich Hill -
one of the Inner West's most tightly held and evolving lifestyle precincts.

Key Highlights:
Current opportunity :
Existing mixed-use asset with a ground floor retail shop and a
spacious 3-bedroom residence above.

DA Approval:

Development approval in place for a mixed-use build consisting of:
6 New Age Boarding Studios - total 188.95 Sqm
1 x Ground Floor Retail Tenancy (97 sqm)
Total GFA: 285.95 sqm

Income Potential (Upon Completion):
Projected gross annual rental income: $300,000 p.a.
A desirable mix of residential and commercial tenancies
Flexible build-to-rent model to suit investors seeking strong
cashflow with long-term capital growth

Location:
Located in a thriving village setting with excellent transport connections,
strong local demand for quality rental stock, and increasing population growth.

Summary:
Opportunities like this are rarely offered and highly sought-after.
With DA approvals already in place, this is a prime "build and Rent "
project ideal for savvy investors or developers looking to secure a
high-yielding asset in a proven growth corridor.

Property History for 491 Marrickville Rd, Dulwich Hill, NSW 2203

A timeline of how this property has performed in the market
Listed for Rent
02 Mar 1991
  • 29 Jan 2025
    Listed for Sale For Sale guide $2,500,000
  • 09 Feb 1991
    Listed for Rent - Price not available

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About Dulwich Hill 2203

The size of Dulwich Hill is approximately 2.1 square kilometres. It has 10 parks covering nearly 5.5% of total area. The population of Dulwich Hill in 2011 was 12,981 people. By 2016 the population was 13,714 showing a population growth of 5.6% in the area during that time. The predominant age group in Dulwich Hill is 30-39 years. Households in Dulwich Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dulwich Hill work in a professional occupation. In 2011, 56.8% of the homes in Dulwich Hill were owner-occupied compared with 52.6% in 2016.

Dulwich Hill has 7,782 properties. Over the last 5 years, Houses in Dulwich Hill have seen a 36.87% increase in median value, while Units have seen a 19.54% increase. As at 30 April 2025:

  • The median value for Houses in Dulwich Hill is $2,183,627 while the median value for Units is $923,798.
  • Houses have a median rent of $750 while Units have a median rent of $650.
There are currently 20 properties listed for sale, and 48 properties listed for rent in Dulwich hill on OnTheHouse. According to CoreLogic's data, 295 properties were sold in the past 12 months in Dulwich hill.

What's around 491 Marrickville Rd, Dulwich Hill

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Suburb Insights for Dulwich Hill 2203

Market Insights
Dulwich Hill Trends for Houses
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Neighbourhood Insights
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Population 13,714

0-9

 

11%

10-19

 

9%

20-29

 

16%

30-39

 

19%

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17%

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