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This 3-bedroom, 3-bathroom, 2-parking townhouse in Redfern presents a compelling investment opportunity, particularly given its desirable location and property type. While the 'Contact Agent' price makes a precise undervalued assessment challenging, Redfern's market for townhouses often sees strong demand. Based on recent sales of similar 3-bedroom townhouses in Redfern, a likely purchase price range for this property would be $1,800,000 - $2,000,000. For the purpose of yield calculation, we'll use an estimated purchase price of $1,900,000. The property's market position is strong; townhouses in Redfern are less common than apartments and offer a premium living experience, appealing to families or professionals seeking more space. The 3 bathrooms and 2 parking spaces add significant value and appeal. I estimate the potential weekly rental income to be around $1,350. This estimate is based on comparable 3-bedroom townhouses or larger apartments in Redfern, which typically rent for $1,200 - $1,500 per week, especially those with multiple bathrooms and parking. The property's features suggest it would command the higher end of this range. At an estimated purchase price of $1,900,000, this would translate to an estimated gross annual rental yield of approximately 3.7%. This yield is respectable for inner-city Sydney, particularly for a townhouse. Key investment strengths include the property type (townhouse offers scarcity value), the prime Redfern location with excellent transport links and amenities, and the generous number of bathrooms and parking. The 'new listing' status suggests potential for a good deal before it gains widespread attention. Potential risks include the unknown purchase price, which could impact the actual yield, and the general high entry cost of the Sydney market. The flip potential is high due to the property type and location, allowing for significant value addition through cosmetic or minor structural renovations, appealing to owner-occupiers willing to pay a premium for a well-finished townhouse. My recommendation is to investigate the price guide immediately. If the purchase price can be secured closer to the lower end of the estimated range ($1.8M), this property offers strong capital growth potential and a solid rental return for the Sydney market. The confidence level for the rental estimate is high due to recent comparable data, while the undervalued score has a medium confidence level given the unknown price.