Hi there, I think it's a great idea to introduce some feature lighting here. The chairs are making quite a statement against all the white and it would be lovely to balance that a little with lighting. As you have a lot of white and also rectilinear shapes, I'd lean towards organic shapes and materials for your lights. You could consider having more than one pendant light and create either a cluster, a row of 3, or else a long light. Here's some ideas.

What a find! Most houses of this era in Sydney have been gutted and renovated or bulldozed. Agree with all previous comments on keeping the general era as is, just freshen up. Definitely do the left hand window, either a tart up or replacement. Only disadvantage with pulling up carpet for the (no doubt beautiful) floorboards is that they didn't exactly have the same building standards back then! There may be gaps between the tongue and groove, or patchy lengths if they were always going to carpet over the top. You will probably want to insulate under them too. Possible better to keep the carpet until you have the money set aside for any eventuality of replacement work. If you don't want to keep the interior trim timber, just make sure you sand back the layers of estapol that would have been put on the over the years. The original was probably an oil based stain with shellac over it and others would have been added over the top. Many undercoats or stain blockers or even ESP claim to 'cover up' old stain etc, but in the 6 houses I have done for myself, and 13 houses I have flipped, I have not seen any of them work properly. Colour from underneath still bleeds through. I use a Black & Decker mouse with 80 grit paper to rip the top off, then go back over it with 120 or 140 grit. Make sure you have a P2 mask on while doing it! It is a bit of work, but worth it in the long run. The finish will be smoother, the colour more uniform and you won't get bleed in the future. A Pascol undercoat on the trim, then Dulux Natural White (which is a soft white with warmth) low sheen on the walls and an Aquanamel in the same colour semi gloss (or gloss if you like that) for the trim. It is a colour that takes on the characteristics of whatever colours you put with it, unlike a stark white that screams against anything competing with it, or a tinted white that you need to compliment. As for landscaping, I agree with Annie Cass. Homes like this were of the traditional English era and were complimented by an English country garden. Quite formal with borders, roses and flowering shrubs. Very thirsty too! Annie's suggestions are the Australian version of that though you will have to keep the cyprus' down. They do grow quite tall and will block the view/sunlight from the front. The RHS of the driveway looks ripe for Jasminoides (star Jasmine. They require little are of soil for planting and little water once established. Green all year and have the most glorious scented white flowers. Unlike Ivy or some other climbers, they are not invasive. Run some steel cable along the fence through each of the uprights (drill holes and thread through with turnbuckles on the ends) for it to climb on. It will be the only thing you need down there as it should take off nicely with all that sun! Just make sure you poke the tendrils back and train them regularly to keep it on the wires and keep it trimmed back so as to not block your driveway. Most of all, have fun with it!

We've bought an old house in need of a bit of TLC and have a few odd rooms to make sense of! But if makes it all the more satisfying!! The window looks nice and large to let light in which is a plus! Storage would be the obvious solution but if you're all good with storage, why not install a small desk, put a noticeboard the full length of the external door so it's less noticeable as a door, a few hanging plants off-centre, replace the blinds and have it as a study nook? Or if it's your thing a stylish little dressing table. But keep it simple not cluttered as it will risk looking even more pokey otherwise. If you wanted to spring a bit more budget-wise: it looks quite dark so you could even get an inexpensive DIY skylight; do flooring (e.g. carpet) to match the bedroom so it looks less like an add-on. Otherwise If so you add a french-style door (even centred in the solid wall) and use the balcony as a nice little area with plants and an armchair. But more hassle and expense for not much payoff. Painting the exterior will look great, those 50s/60s style weatherboards some up so nicely! And if you paint the external door the same colour as the weatherboards (i.e. not a contrasting trim colour), it won't stand out as much.

@siriuskey not related to this thread per se but I believe all cabinetry with the exception of timber comes with white laminate inside (unless you order custom and pay for the inside to be painted). We just had black cabinetry installed in our lounge and the back of the doors are white. I was shocked so contacted everyone I know with new kitchens in dark colours and they ALL had polyurethane cabinets with white laminate on the back of dark/coloured doors.