Live by fish shed - an inner part of Sydney (5)
I believe the answer is:
glebe
'part of sydney' is the definition.
The definition and answer can be both related to property as well as being singular nouns.
Maybe they are linked in a way I don't understand?
'live by fish shed an inner' is the wordplay.
I cannot quite see how this works, but
'live' could be 'be' (synonyms) and 'be' is found within the answer.
This explanation may well be incorrect...
Can you help me to learn more?
(Other definitions for glebe that I've seen before include "Plot of land belonging to a parish church" , "Church property" , "Land owned by parish" , "clerical plot" , "Land providing part of clergyman's income" .)