1/445 Sydney Rd, Balgowlah is a 2 bedroom, 1 bathroom Unit and was built in 1940. The property has a land size of 509m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in May 2019.
BUDGET BUYING OPPORTUNITY!
This elevated ground floor apartment has been completely stripped out ready for a full renovation. The accommodation includes 2 bedrooms, living room, kitchen and bathroom. The apartment features timber floors, gas for cooking and hot water and has plenty of natural light with it's sunny Northerly aspect. This is a budget buying opportunity but be prepared as the lucky buyer will need to immediately renovate before moving in.
In a small 'Art Deco' block of only 6 strata apartments and in a prime central setting only moments to express city buses, and a short stroll to the Stocklands Balgowlah Shopping Centre, this is exceptional value and an ideal opportunity for first home buyers, investors, renovators or fixer-uppers.
The size of Balgowlah is approximately 1.9 square kilometres. It has 12 parks covering nearly 13% of total area. The population of Balgowlah in 2011 was 7,494 people. By 2016 the population was 7,952 showing a population growth of 6.1% in the area during that time. The predominant age group in Balgowlah is 40-49 years. Households in Balgowlah are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Balgowlah work in a professional occupation. In 2011, 66.7% of the homes in Balgowlah were owner-occupied compared with 65.8% in 2016.
Balgowlah has 4,323 properties. Over the last 5 years, Houses in Balgowlah have seen a 47.95% increase in median value, while Units have seen a 36.97% increase. As at 31 October 2024:
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