FOR SALE
$590,000-$630,000 (Just Listed)

5/38-40 Doomben Avenue
Eastwood NSW 2122

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Fully Renovated Ideal First Home & Great Investment Opportunity

This beautifully renovated, light-filled 2-bedroom unit offers an outstanding investment return of $650 per week and makes an ideal addition to your property portfolio. Positioned in the heart of Eastwood, it's perfect for both first-time buyers and savvy investors seeking a blend of comfort, convenience, and strong rental yield.
Key Features:
Prime Location & Unmatched Convenience
Located in central Eastwood, enjoy easy access to public transport, shops, dining, and more. Situated in the highly regarded catchment areas for Eastwood Public School, this property is perfect for families and professionals alike.
Tasteful Interior & Finishes
Living Area: Spacious open-plan lounge area with stylish floorboards flows onto a leafy balcony, ideal for relaxation or entertaining.
Bedroom: Two well-sized bedrooms featuring built-in wardrobes, offering plenty of storage space.
Kitchen: Modern renovated kitchen with contemporary fittings and ample cabinet space.
Bathroom: Good-sized bathroom with separate shower for added convenience.
Soundproofed Windows: Upcoming government-funded soundproofing on kitchen and laundry windows to enhance comfort and quiet.
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Property Details for 5/38-40 Doomben Ave, Eastwood

5/38-40 Doomben Ave, Eastwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with Maison Bridge Property.

Building Type
Unit

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About Eastwood 2122

The size of Eastwood is approximately 5.2 square kilometres. It has 38 parks covering nearly 8.1% of total area. The population of Eastwood in 2011 was 16,193 people. By 2016 the population was 17,880 showing a population growth of 10.4% in the area during that time. The predominant age group in Eastwood is 20-29 years. Households in Eastwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Eastwood work in a professional occupation. In 2011, 66.3% of the homes in Eastwood were owner-occupied compared with 61.9% in 2016.

Eastwood has 8,681 properties. Over the last 5 years, Houses in Eastwood have seen a 70.68% increase in median value, while Units have seen a 17.43% increase. As at 31 October 2024:

  • The median value for Houses in Eastwood is $2,618,135 while the median value for Units is $890,816.
  • Houses have a median rent of $880 while Units have a median rent of $620.
There are currently 70 properties listed for sale, and 34 properties listed for rent in Eastwood on OnTheHouse. According to CoreLogic's data, 369 properties were sold in the past 12 months in Eastwood.

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