FOR SALE
$1,300,000 - $1,350,000

2 Loftus Street
Merrylands NSW 2160

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 668m2
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R4 Zoning | Great Location!

Don't miss your chance to secure a spacious 668 sqm block directly across from Granville Recreational Park and just a short stroll to Merrylands CBD. Enjoy easy access to Stockland Shopping Centre, public transport, local schools, and a variety of restaurants and cafes.
This property offers immense potential and is sure to attract a diverse range of buyers, including builders and developers seeking prime development sites. It's also perfect for families wanting to create their dream home or investors looking to maximize returns with dual income possibilities.
Key Features:
- R4 Zoning
- High-Density Residential (STCA)
- Opportunity to Build Your Dream Home (STCA)
- Potential for Dual Income (STCA)
- Renovate the existing 3-bedroom home and explore options for an additional dwelling (STCA)
- Clear and spacious 668 sqm lot
- Potential rental income $750PW
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Property Details for 2 Loftus St, Merrylands

2 Loftus St, Merrylands is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 668m2. The place is currently for sale with First National Real Estate Merrylands.

Building Type
House
Land Size
668m2

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About Merrylands 2160

The size of Merrylands is approximately 6.7 square kilometres. It has 44 parks covering nearly 8% of total area. The population of Merrylands in 2011 was 26,658 people. By 2016 the population was 29,647 showing a population growth of 11.2% in the area during that time. The predominant age group in Merrylands is 20-29 years. Households in Merrylands are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Merrylands work in a professional occupation. In 2011, 56.7% of the homes in Merrylands were owner-occupied compared with 51.6% in 2016.

Merrylands has 14,276 properties. Over the last 5 years, Houses in Merrylands have seen a 59.10% increase in median value, while Units have seen a 12.85% increase. As at 30 November 2024:

  • The median value for Houses in Merrylands is $1,328,789 while the median value for Units is $515,939.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 104 properties listed for sale, and 63 properties listed for rent in Merrylands on OnTheHouse. According to CoreLogic's data, 714 properties were sold in the past 12 months in Merrylands.

Suburb Insights for Merrylands 2160

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Matt Moses
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Jeff Moses
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First National Real Estate Merrylands
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.