139 Smith StreetSummer Hill NSW 2130
Property Details for 139 Smith St, Summer Hill
Last Listing description (March 2026)
A rare opportunity to acquire a substantial 22-room boarding house positioned on an exceptional 1,284sqm landholding in the tightly held inner-west suburb of Summer Hill.
The property currently generates $332,524 per annum, presenting a compelling value-add opportunity for investors seeking to improve returns through rental optimisation and cosmetic upgrades.
Key highlights include:
Significant 1,284sqm landholding
Substantial driveway providing off-street parking for multiple vehicles
Full kitchen with generous separate dining area
Two communal living areas
Strong existing income of $332,524 (CY25)
Opportunity to add value through refurbishment and re-leasing
Prime inner-west location with ongoing rental demand
Assets of this scale and land size are increasingly rare in Summer Hill and represent a strategic investment with multiple levers for growth.
Inspect: By appointment.
Property History for 139 Smith St, Summer Hill, NSW 2130
- 27 Mar 2026Sold
- 26 Feb 2026Listed for Sale UNDISCLOSED
- 16 Jun 2021Listed for Rent - Price not available
Recent sales nearby
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About Summer Hill 2130
The size of Summer Hill is approximately 1.2 square kilometres. There are 12 parks, covering nearly 4.6% of the total area. The population of Summer Hill in 2016 was 7311 people. By 2021 the population was 7288 showing a population decline of 0.3% in the area during that time. The predominant age group in Summer Hill is 30-39 years. Households in Summer Hill are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Summer Hill work in a professional occupation.In 2021, 48.70% of the homes in Summer Hill were owner-occupied compared with 45.60% in 2016.
Summer Hill has 4,362 properties. Over the last 5 years, Houses in Summer Hill have seen a 16.77% increase in median value, while Units have seen a 26.81% increase. As at 31 May 2026:
- The median value for Houses in Summer Hill is $2,477,907 while the median value for Units is $1,038,459.
- Houses have a median rent of $995 while Units have a median rent of $670.
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