SOLD
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Sold on 27 Jul 2024 for $2,675,000

47 Ormond Street
Ashfield NSW 2131

Bedrooms: 7
Bathrooms: 4
Car spaces: 1
Land area: 657.6m2
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Property Details for 47 Ormond St, Ashfield

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.

Building Type
House
Land Size
657.6m2
Local Government
Inner West
Lot/Plan
1/DP937815

Last Listing description (July 2024)

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)

- Currently configured as three self-contained residences with private entries
- All residences currently tenanted offering immediate income stream
- 1x4 bed 2 bath with parking, 1x2 bedroom, and 1x1 bed residence
- Largest residence featuring a study/sunroom and original stone fireplace
- Each residence featuring wooden flooring and modern gas kitchens
- Single off-street car space with established rear garden
- Private leafy outlook directly across from Ashfield Park
- Minutes to Summer Hill Station and Village, and Haberfield Public School

Land size: 657.6sqm approx.
Frontage: 15.24m approx.

Water rates: $171 per quarter, approx.
Council rates: $793 per quarter, approx.

Property History for 47 Ormond St, Ashfield, NSW 2131

A timeline of how this property has performed in the market
Last Sold
$2,675,000
27 Jul 2024
Listed for Rent
$800/w
29 Mar 2019
  • 27 Jul 2024
    Sold for $2,675,000
  • 14 Jun 2024
    Listed for Sale Sold at Auction
  • 22 Dec 2020
    Listed for Rent $450 / week
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About Ashfield 2131

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:

  • The median value for Houses in Ashfield is $2,162,255 while the median value for Units is $844,842.
  • Houses have a median rent of $790 while Units have a median rent of $600.
There are currently 76 properties listed for sale, and 84 properties listed for rent in Ashfield on OnTheHouse. According to CoreLogic's data, 484 properties were sold in the past 12 months in Ashfield.

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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.