91 New Illawarra RoadBexley North NSW 2207
Property Details for 91 New Illawarra Rd, Bexley North
Last Listing description (March 2024)
Strategically positioned on the rapidly evolving Bexley North Retail Village, here is your opportunity to secure a dual occupancy, tenanted investment perfect for investors who want to benefit from immediate income and future capital growth.
Key features include:
> Exceptionally well maintained shop and residence
> Extensively renovated ground floor retail area leased to a well established Beauty and Laser clinic
> Large two Bedroom residence with dual street access
> Large garage suitable for 2 vehicles accessed via the rear lane
> Only 300 metres to Bexley North Railway Station
> Strong rental income with scope for further improvement
> Perfect as an income-producing investment for an investor who will benefit from further development in the future
*All amounts, areas and distances are approximate
Property History for 91 New Illawarra Rd, Bexley North, NSW 2207
- 08 Mar 2024Sold for $1,300,000
- 07 Nov 2023Listed for Sale Contact Agent
- 14 Nov 2022Listed for Rent $30,000 / year
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About Bexley North 2207
The size of Bexley North is approximately 1.3 square kilometres. It has 13 parks covering nearly 10.9% of total area. The population of Bexley North in 2011 was 3,999 people. By 2016 the population was 4,111 showing a population growth of 2.8% in the area during that time. The predominant age group in Bexley North is 40-49 years. Households in Bexley North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bexley North work in a professional occupation. In 2011, 69.5% of the homes in Bexley North were owner-occupied compared with 68.4% in 2016.
Bexley North has 1,826 properties. Over the last 5 years, Houses in Bexley North have seen a 56.81% increase in median value, while Units have seen a 23.36% increase. As at 31 August 2024:
- The median value for Houses in Bexley North is $1,774,990 while the median value for Units is $800,530.
- Houses have a median rent of $850 while Units have a median rent of $650.
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