OFF MARKET

239 Forest Road
Arncliffe NSW 2205

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 512m2
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Property Details for 239 Forest Rd, Arncliffe

239 Forest Rd, Arncliffe is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 512m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
House
Year Built
1960
Land Size
512m2
Local Government
Bayside
Lot/Plan
5/DP6701

Last Listing description (May 2021)

4 bedroom home and approved workshop with 2 street frontages - Investors and Homebuyers look out! This is a fantastic investment opportunity, returning approx. $71,240 p.a.

A fantastic opportunity to purchase two unique properties set in a great location on one title. Possible subdivision S.T.C.A.

This unique property comprises of -

A double brick home known as 239 Forest Road, Arncliffe.
Features include:
- 4 large double bedrooms
- Currently leased for $620.00 per week
- Separate spacious lounge & dinning area with seamless outdoor flow
- High ceilings
- Large kitchen area
- Bright & airy home ready to move into
- 2 car spaces
- Moments to Railway Station, buses, shops & parklands

Separate large mechanic workshop at the rear known as 270 Wollongong Road, Arncliffe.
- Currently leased for $750 per week, with a new 3 x 3 year lease
- Great exposure
- Endless possibilities

Council Rates: $219.00 per quarter approx for workshop, $460.00 per quarter approx for house
Water Rates: $315.00 per quarter for both workshop and house

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Property History for 239 Forest Rd, Arncliffe, NSW 2205

A timeline of how this property has performed in the market
Last Sold
$1,515,000
14 Dec 2019
Listed for Rent
18 Oct 2018
  • 14 Dec 2019
    Sold for $1,515,000
  • 01 Nov 2019
    Listed for Sale $1,590,000
  • 17 Sep 2018
    Listed for Rent - Price not available
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About Arncliffe 2205

The size of Arncliffe is approximately 3 square kilometres. It has 10 parks covering nearly 29.9% of total area. The population of Arncliffe in 2011 was 8,420 people. By 2016 the population was 10,583 showing a population growth of 25.7% in the area during that time. The predominant age group in Arncliffe is 20-29 years. Households in Arncliffe are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Arncliffe work in a professional occupation. In 2011, 64.9% of the homes in Arncliffe were owner-occupied compared with 55.4% in 2016.

Arncliffe has 6,036 properties. Over the last 5 years, Houses in Arncliffe have seen a 66.18% increase in median value, while Units have seen a 15.53% increase. As at 30 September 2024:

  • The median value for Houses in Arncliffe is $1,734,600 while the median value for Units is $772,048.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 37 properties listed for sale, and 44 properties listed for rent in Arncliffe on OnTheHouse. According to CoreLogic's data, 265 properties were sold in the past 12 months in Arncliffe.

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