14/139 Marion Street · Leichhardt NSW 2040

Currently listed — $779,000 ▼ Reduced 2% · $16k · 4 weeks ago

2 bed · 1 bath · 1 car · Apartment / Unit

Asking price cut 2% ($16k, from $795,000 to $779,000) 4 weeks ago. The vendor has already moved once: negotiate below the NEW asking, not at it.

View the live listing →

Days on market — this campaign

130 days since our daily sweep first saw this listing.

The portal's own campaign may have started slightly earlier than our first sighting. Longer campaigns tend to mean more negotiating room — the board's "Longest listed" sort exists for exactly that reason.

Rent evidence — asking vs transacted, Leichhardt · postcode 2040

$685–$950/wk is what 2-bed units in 2040 actually transact for (middle half of 47 bonds lodged, Q2 2026 · median $800/wk — NSW Fair Trading, CC BY).

2019Q1 → 2026Q2: $515 → $680/wk · +5% over the last 12 months (latest four quarters averaged against the previous four) — quarterly new-tenancy medians for units in 2040, all bedroom counts pooled.

Asking rents are what agents hope for; bond figures are what tenants actually signed at (NSW Fair Trading bond lodgements, CC BY). No yield % is derived here: each rent above is a different grain from this home's price, and a ratio of two grains reads as precision it doesn't have. New-tenancy rents run hotter than sitting rents. Not financial advice.

Growth trend — Leichhardt units at auction

Too few same-bed sales for a measured growth rate yet. Recent quarterly sold medians (all unit sizes — thin samples move these):

2024Q4 $1100k (5) · 2025Q1 $755k (5) · 2025Q2 $917k (5) · 2025Q3 $1160k (5)

Suburb-level, from published auction results. No single building has enough sales for a block-level series, so this is the honest grain; sales-mix shifts move raw medians, and the measured rate (when shown) controls for bed count.

Agencies' own published sales nearby — Leichhardt, around 2 beds

Prices as published on the selling agency's own website (their sold pages) — includes private-treaty sales the auction results never see. Only sales the agency chose to publish a figure for appear here.

Similar properties — on the market now

The 6 listings above are on the market now: same unit category, within 1 bedroom of 2, asking within 20% of this one, in Leichhardt or a suburb whose centre is within 3 km — ordered by how close the asking price is. That is the whole rule: a filter, not a recommendation, and nothing here judges which home is better.

Planning & zoning — E1 Local Centre

A retail/commercial hub — shops and services at your door, but busier and noisier.

Strata plan SP76310 · scheme parcel ~1,124 m² — A strata-titled scheme — the parcel area is the WHOLE scheme's land, not this unit's. From the NSW cadastre at this address's geocoded point.

Zone E1 (Local Centre) under the INNER WEST LEP, from the NSW ePlanning layers at this address's geocoded point — a guide, not a parcel-level legal check. Confirm the exact lot at the NSW Planning Portal.

Development applications — at & near this address

Development application data © NSW Department of Planning and Environment, used under CC BY 4.0. Matched at this exact address or within ~150 m of its geocoded point — proximity evidence, not a parcel-level check. Lodged means proposed, not approved or built. Outcome comes from a separate NSW dataset that stops in Nov 2023: applications determined after that, or still undetermined, read “not on record” — which means we don't know, never that it was refused. “Status” is the council's own workflow state and “Determined” on its own does not say which way it went. Verify any application on the NSW Planning Portal.

Construction risk — what no listing tells you

Active state-pipeline project within 150m: 245 Marion Street, Leichhardt (150m — pipeline record)

Building Commission NSW / Strata Community Association 2023 Strata Defects Survey: 53% of newly registered strata buildings reported at least one serious defect in common property (39% in the 2021 survey). Defects are common, not exceptional — and new does not mean safe (Opal Tower was under a year old).

This property sits within 150m of an active state-pipeline project. Adjacent construction — especially deep excavation — is a documented damage pathway for existing buildings (Mascot Towers). Get an independent structural and strata inspection, and ask the strata manager about the neighbouring works, before you commit.

We cannot see inside a building — no one can from public records. This section states base rates and observable adjacency only, and will never call a building safe.

What's changing in Leichhardt — recent local signals

2026-10-15 — Development site — listing's own words: "STCA" (1 Loftus Street, Leichhardt, NSW 2040) (listing rea-152648068 (rea), first seen 2026-10-15)

2026-10-15 — Development site — listing's own words: "STCA" (7 Lyall Street, Leichhardt, NSW 2040) (listing rea-152646352 (rea), first seen 2026-10-15)

2026-10-14 — Development site — listing's own words: "STCA" (12 William Street, Leichhardt, NSW 2040) (listing rea-152632192 (rea), first seen 2026-10-14)

Dated public signals compiled for this suburb — openings, closures, site sales and institutional moves. Facts with sources, not forecasts.

School catchments

Kegworth PS (primary) · SSC Blackwattle Bay (secondary)

10 primary schools within 2 km · ICSEA ~1122 — the socio-educational advantage of the school community (My School, national average ~1000): a demographic measure, never a results or quality score.

NSW DoE intake zones at this address's geocoded point — tighter than a suburb-level guess, but geocodes carry a few metres of error and boundaries change with reviews. Verify the exact address at School Finder. Intake zones cover government schools only.