Some of Mr Fraga-Matos’s recent sales highlight those choices.
An older-style and unrenovated three-bedroom, one-bathroom home on 287sqm at 6 Ducros Street, Petersham, sold last December for $2.24 million.
Although the original kitchen and bathroom were crying out for a makeover, the potential was obvious.
“That was bought by first-home buyers, a young couple who had been renting in Drummoyne,” he said.
A renovated two-bedroom, one-bathroom semi on 123sqm at 32 Searl Street, Petersham, also sold in December for $1.5 million.
It featured a cosy private courtyard while exposed brick interiors added plenty of character.
“That went to a young couple buying their first home together who had been renting in Alexandria,” Mr Fraga-Matos said.
A two-level, two-bedroom terrace on 78sqm at 1 Elswick Street, Petersham, sold last November for $1.3 million to a young couple who had already been renting in the inner-west. There were scope for improvements and the home boasted a quiet street close to the station.
Another young couple who had been renting in Annandale bought a freestanding three-bedroom, one-bathroom cottage on 184sqm at 241 Corunna Road, Petersham, in November for $1.6 million.
The recently refreshed home boasted light-filled interiors and even city skyline glimpses from its private rear deck.