Location, land and rare sales define outer Sydney heritage market: HTW

Property ObserverMay 26, 20160 min read

Conversions of heritage cottages in and around main roads in outer Sydney have reverted from mixed use, commercial and professional to family homes in the last five to ten years according to valuation firm Herron Todd White.

A great number of period homes, typically Victorian cottages around the outer Sydney suburbs of Windsor and Richmond can also be found near main roads of Wilberforce, Pitt Town, Kurrajong and Richmond.

According to HTW's report on the heritage market, a heritage precinct surrounds the town centre of Windsor with many of the original dwellings heritage listed by Hawkesbury Council.

"At a price range of $500,000 to $700,000 within the townships of Windsor and Richmond, an older cottage on a parcel of 500 to 1,200 square metres with good structural bones can be found that could be further renovated or modernised to add capital value," it said.

"Typically properties between $850,000 and $1.2 million are fully renovated and in central town positions on good sized parcels.

"Homes are rarely traded above $1.5 million however this ceiling is commonly exceeded for a well renovated property in a semi-rural location on the outskirts of these towns on acreage parcels that may also include direct frontage to the Hawkesbury River." 

Property Observer

Tags:
Sydney
Heritage Homes
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