OFF MARKET

6 Penylan Street
Cardiff NSW 2285

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 89m2
Land area: 550m2
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Last updated 11 Nov 2024
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Property Details for 6 Penylan St, Cardiff

6 Penylan St, Cardiff is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 550m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
1960
Floor Size
89m2
Land Size
550m2
Local Government
Lake Macquarie
Lot/Plan
24/DP14470

Last Listing description (February 2021)

Yes, with dual street frontage in the centre of Cardiff, this little cracker is sure to impress with plenty of options for all astute investors.

The front house is rented for $375 per week with market rent being $400-$420 per week. It is a two-bedroom semi-updated home with timber floors to the living, and a small yard ideal for children or pets.

At the back of the property is a one-bedroom studio with off-street parking, currently achieving $205 per week in rent that will be increased with market demand. The studio was approved by council for the previous owners.

A council nature strip provides a thoroughfare along the side of the property making it easy to access both yards should you wish.

Enquire today on 02 4958 8555 as this opportunity will not last long with interest rates making it cheaper to buy than rent.

Property History for 6 Penylan St, Cardiff, NSW 2285

A timeline of how this property has performed in the market
Last Sold
$605,000
09 Feb 2021
  • 09 Feb 2021
    Sold for $605,000
  • 24 Dec 2020
    Listed for Sale $605,000.00
  • 26 Sep 2011
    Listed for Sale $349,000
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About Cardiff 2285

The size of Cardiff is approximately 5.2 square kilometres. It has 19 parks covering nearly 10.7% of total area. The population of Cardiff in 2011 was 5,778 people. By 2016 the population was 5,824 showing a population growth of 0.8% in the area during that time. The predominant age group in Cardiff is 30-39 years. Households in Cardiff are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cardiff work in a professional occupation. In 2011, 74% of the homes in Cardiff were owner-occupied compared with 71.4% in 2016.

Cardiff has 3,786 properties. Over the last 5 years, Houses in Cardiff have seen a 65.94% increase in median value, while Units have seen a 45.75% increase. As at 31 October 2024:

  • The median value for Houses in Cardiff is $790,235 while the median value for Units is $615,530.
  • Houses have a median rent of $575 while Units have a median rent of $580.
There are currently 19 properties listed for sale, and 6 properties listed for rent in Cardiff on OnTheHouse. According to CoreLogic's data, 149 properties were sold in the past 12 months in Cardiff.

Suburb Insights for Cardiff 2285

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Disclaimer
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.