Russell Lea – The Inner West’s Hidden Gem

 

Few suburbs in Sydney offer as much as Russell Lea.

One of the smaller suburbs in the Inner West, Russell Lea is a hidden gem between its more well-known neighbours: Five Dock and Drummoyne. For those lucky enough to call Russell Lea home, it offers an enviable waterfront lifestyle, within close proximity to the City and all the services you expect.

Uniquely, Russell Lea offers residents amazing dual-access waterfronts! In the southeast, you’ll find yourself on the shores of Iron Cove. Alongside some of Sydney’s most picturesque jogging tracks, you’ll enjoy ample opportunities for cycling or kayaking on your doorstep. Meanwhile, on the northwest side of the suburb, you’re on the banks of Five Dock Bay, within earshot of stunning parks, sporting ovals and unlimited boating opportunities!

Located just 8km from the CBD, Russell Lea is ideal for families seeking a relaxed lifestyle within close proximity of the city. Multiple bus routes criss-cross the suburb, whisking you with ease to the cosmopolitan cafes and shopping strips of the Inner West. Fantastic local schools and a friendly community atmosphere combine to make this a truly wonderful place to live.

As part of Canada Bay Council, properties in Russell Lea are tightly held and consistently outperform the rest of the municipal area. Over the past year, the median house price in Russell Lea has averaged 10% more than the overall median house price for Canada Bay Council as a whole.

 

Source: Core Logic

 

Even with market conditions cooling slightly in recent months, Russell Lea is the type of suburb where the convergence of convenience and lifestyle in one location results in consistently solid demand. If you’re looking for an ideal family home in the Inner West, you should consider Russell Lea. Devine Real Estate has a number of fantastic properties that could meet all your requirements.

Located on an elevated position in the heart of Russell Lea, 4 Lea Street is a rare find. This double story residence has been constructed in a way that offers you the flexibility of creating two separate family homes. With the upper floor enjoying spectacular city-views and 4 spacious bedrooms, this level has a wonderful undercover terrace off the formal lounge.

Meanwhile, the lower level of the building could accommodate an additional family with its own entrance, kitchenette and family room. The flexibility of such a property offers tremendous potential for multi-generational families. Alternatively, you may consider the potential of living on one level, while renting out the other level.

 

 

If you’re in the market for a fantastic entry-level family home in Russell Lea, then 328 Lyons Road could be just what you’re looking for! Situated on a large block of land in the heart of the suburb, this character home has 3 large bedrooms with a separate lounge and dining room. With timber floors and high ornate ceilings, there’s tremendous potential to add value.

 

 

For more opportunities to acquire property in Russell Lea, contact Devine Real Estate today. We’re the experts in the Inner West and have access to an unparalleled range of homes.

Steven Devine 
Director 
Devine Real Estate 
T: 02 8789 0217 | M: 0419 202 930

https://www.devinere.com.au/

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