OFF MARKET

5/53 Gipps Street
Drummoyne NSW 2047

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
Land area: 778m2
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Property Details for 5/53 Gipps St, Drummoyne

5/53 Gipps St, Drummoyne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1966. The property has a land size of 778m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in February 2019.

Building Type
Unit
Year Built
1966
Floor Size
77m2
Land Size
778m2
Local Government
Canada Bay
Lot/Plan
5/SP7768

Last Listing description (March 2019)

Bright and airy middle floor apartment in small block of 12. Quietly positioned in an excellent street just a short walk to CBD transport, shops, restaurants and down to the popular 'Bay Run'.
- Combined living/dining, modern kitchen
- Secure entry, two spacious bedrooms

- Balcony accessible off main bedroom
- Modern bathroom with shared laundry
- Tree lined street with off street unallocated parking
- Close to restaurants, cafes & Bay Run
- Low maintenance lifestyle
- Walk to parks, village hubs & transport
The low strata levies, good security and quiet positioning making this perfect for first home buyers or a top investment opportunity in Drummoyne.
Outgoings per quarter (approx.)
Strata: $590 Council: $276 Water: $172
*Please note virtual furniture has been used in some photos*

Property History for 5/53 Gipps St, Drummoyne, NSW 2047

A timeline of how this property has performed in the market
Last Sold
$635,000
26 Feb 2019
Listed for Rent
$500/w
12 Feb 2019
  • 26 Feb 2019
    Sold for $635,000
  • 24 Jan 2019
    Listed for Rent - Price not available
  • 30 Oct 2018
    Listed for Sale $695,000
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About Drummoyne 2047

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 7,142 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:

  • The median value for Houses in Drummoyne is $2,993,235 while the median value for Units is $1,289,387.
  • Houses have a median rent of $950 while Units have a median rent of $760.
There are currently 27 properties listed for sale, and 30 properties listed for rent in Drummoyne on OnTheHouse. According to CoreLogic's data, 253 properties were sold in the past 12 months in Drummoyne.

Suburb Insights for Drummoyne 2047

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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.