11/53 Gipps St, Drummoyne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1973. The property has a land size of 778m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in June 2018.
This top floor apartment, set within a well maintained security block of 12 comes with the added advantage of a tasteful makeover that gives it a fresh modern feel. It presents in excellent condition and is ideally located a few minutes stroll to local shops, cafes, buses and the Bay Run with its many waterfront parks.
The bright and airy apartment offers the best of both worlds for low maintenance lifestyle seekers due to its easy-care design, good security and quiet position making this a perfect market entry or top investment opportunity in the heart of Drummoyne.
Additional features include:
The size of Drummoyne is approximately 2.3 square kilometres. It has 19 parks covering nearly 9.5% of total area. The population of Drummoyne in 2011 was 11,377 people. By 2016 the population was 11,946 showing a population growth of 5.0% in the area during that time. The predominant age group in Drummoyne is 30-39 years. Households in Drummoyne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Drummoyne work in a professional occupation. In 2011, 61.6% of the homes in Drummoyne were owner-occupied compared with 59.8% in 2016.
Drummoyne has 7,140 properties. Over the last 5 years, Houses in Drummoyne have seen a 41.56% increase in median value, while Units have seen a 27.97% increase. As at 31 October 2024:
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