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Sold on 01 Jun 2024 for $1,361,000

5 Homestead Road
Bonnyrigg Heights NSW 2177

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 571m2
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Property Details for 5 Homestead Rd, Bonnyrigg Heights

5 Homestead Rd, Bonnyrigg Heights is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 571m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 5 bedroom House sold in Bonnyrigg Heights in the last 12 months.

Building Type
House
Land Size
571m2

Last Listing description (June 2024)

Why you'll love it;
Situated in a quality and ultra-convenient pocket in Bonnyrigg Heights is this great-sized house and almost new granny flat. With updated features throughout, the benefits are many, offering investors an ultimate investment opportunity with a potential combined rental income of approximately $1,200 P/W and $62,400 P.A.

All set on approx. 571sqm, this dual-occupancy property enjoys a convenient setting, positioned in a quiet location within moments to Bonnyrigg Plaza, Brown Road Asian Grocery Shops and a short distance walk to the public transport T-way Bus Stop.

Main House Featuring;
• 3 Beds | 1 Bath
• Spacious renovated kitchen with stone bench tops
• Large driveway
• High-end appliances throughout
• Tiles throughout
• Potential rental return of $750 p/w

Granny Flat Featuring;
• 2 Beds | 1 Bath
• Open plan living area
• Large driveway
• Tiled flooring throughout
• Ducted air conditioning
• Potential rent of $450 p/w

Perfect for: Growing families looking for the potential to either rent out the granny and subsidize the mortgage, families looking to consolidate all within the same home with space to move, and investors after an attractive yield in a highly desirable suburb.

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Property History for 5 Homestead Rd, Bonnyrigg Heights, NSW 2177

A timeline of how this property has performed in the market
Last Sold
$1,361,000
01 Jun 2024
Listed for Rent
07 Aug 2024
  • 18 Jul 2024
    Listed for Rent $700 / week
  • 01 Jun 2024
    Sold for $1,361,000
  • 05 May 2024
    Listed for Sale SOLD AT AUCTION
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About Bonnyrigg Heights 2177

The size of Bonnyrigg Heights is approximately 2.1 square kilometres. It has 12 parks covering nearly 9.7% of total area. The population of Bonnyrigg Heights in 2011 was 7,208 people. By 2016 the population was 7,300 showing a population growth of 1.3% in the area during that time. The predominant age group in Bonnyrigg Heights is 20-29 years. Households in Bonnyrigg Heights are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bonnyrigg Heights work in a trades occupation. In 2011, 81.6% of the homes in Bonnyrigg Heights were owner-occupied compared with 80.6% in 2016.

Bonnyrigg Heights has 2,113 properties. Over the last 5 years, Houses in Bonnyrigg Heights have seen a 71.45% increase in median value, while Units have seen a 19.47% increase. As at 30 November 2024:

  • The median value for Houses in Bonnyrigg Heights is $1,172,390 while the median value for Units is $690,605.
  • Houses have a median rent of $650.
There are currently 3 properties listed for sale, and 4 properties listed for rent in Bonnyrigg heights on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Bonnyrigg heights.

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