OFF MARKET

6/40 The Avenue
Randwick NSW 2031

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 379m2
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Last updated 30 Sep 2024
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Property Details for 6/40 The Avenue, Randwick

6/40 The Avenue, Randwick is a 1 bedroom, 1 bathroom House. The property has a land size of 379m2.

Building Type
House
Land Size
379m2
Local Government
Randwick

Last Listing description (July 2024)

Perfectly positioned in Sydney's eastern suburbs, close to Sydney's CBD and many other key locations, such as University of New South Wales, The Prince of Wales Hospital, Randwick Racecourse, Coogee Beach and Fox Studios, providing the perfect location for ease of access.

This magnificent property is located opposite Alison Park, on The Avenue, adjacent to Alison Rd.

The room features casual furnishings; flat-screen TV, desk with lamp and built in wardrobes, microwave and fridge. The room is accessed by stairs only.

All common areas are cleaned on a weekly basis.

Large Rear Courtyard with several clotheslines, Coin Operated Washing Machine & Dryer. Shared Vacuum for use by residents.

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Property History for 6/40 The Avenue, Randwick, NSW 2031

A timeline of how this property has performed in the market
Listed for Rent
$510/w
17 Jun 2024
  • 06 Jun 2024
    Listed for Rent $510 / week

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About Randwick 2031

The size of Randwick is approximately 5.4 square kilometres. It has 25 parks covering nearly 20.6% of total area. The population of Randwick in 2011 was 27,740 people. By 2016 the population was 29,998 showing a population growth of 8.1% in the area during that time. The predominant age group in Randwick is 30-39 years. Households in Randwick are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Randwick work in a professional occupation. In 2011, 49.3% of the homes in Randwick were owner-occupied compared with 46.4% in 2016.

Randwick has 16,979 properties. Over the last 5 years, Houses in Randwick have seen a 58.97% increase in median value, while Units have seen a 31.97% increase. As at 31 August 2024:

  • The median value for Houses in Randwick is $3,545,600 while the median value for Units is $1,201,231.
  • Houses have a median rent of $1,200 while Units have a median rent of $800.
There are currently 41 properties listed for sale, and 46 properties listed for rent in Randwick on OnTheHouse. According to CoreLogic's data, 604 properties were sold in the past 12 months in Randwick.

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