47 Ormond St, Ashfield is a 7 bedroom, 4 bathroom House with 1 parking spaces. The property has a land size of 657.6m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 7 bedroom House sold in Ashfield in the last 12 months.
Positioned in an always in demand location, this unique property brings instant rewards and offers plenty of future potential. Set on a generous 657.6sqm across from Ashfield Park, this single level, Torrens title property is currently configured as three self-contained residences, all fully tenanted and generating an immediate income stream. With plenty of natural light throughout, explore the growth potential in a location that is moments to arterial roads to the city, bus services, Summer Hill Station and village and Haberfield Public School.
- Torrens title property with R3 zoning on a large 657.6sqm block
- 15.24m frontage, no heritage overlays, allowing potential duplex development (STCA)
Land size: 657.6sqm approx.
Frontage: 15.24m approx.
Water rates: $171 per quarter, approx.
Council rates: $793 per quarter, approx.
The size of Ashfield is approximately 3.4 square kilometres. It has 24 parks covering nearly 7.2% of total area. The population of Ashfield in 2011 was 22,190 people. By 2016 the population was 23,848 showing a population growth of 7.5% in the area during that time. The predominant age group in Ashfield is 20-29 years. Households in Ashfield are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ashfield work in a professional occupation. In 2011, 50.5% of the homes in Ashfield were owner-occupied compared with 43.8% in 2016.
Ashfield has 12,960 properties. Over the last 5 years, Houses in Ashfield have seen a 58.56% increase in median value, while Units have seen a 32.11% increase. As at 31 July 2024:
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