SOLD
Sold on 04 Jul 2024 for $4,101,000

5 Gipps Street
Drummoyne NSW 2047

Bedrooms: 5
Bathrooms: 2
Car spaces: -
Floor area: 204m2
Land area: 498m2
Sold By
BresicWhitney Balmain
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Property Details for 5 Gipps St, Drummoyne

5 Gipps St, Drummoyne is a 5 bedroom, 2 bathroom House and was built in 1915. The property has a land size of 498m2 and floor size of 204m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 5 bedroom House sold in Drummoyne in the last 12 months.

Building Type
House
Year Built
1915
Floor Size
204m2
Land Size
498m2
Local Government
Canada Bay
Lot/Plan
8/DP6503

Last Listing description (September 2024)

A beautiful character house just footsteps to the water's edge, this is one of the area's original landmark homes on 499sqm, extended for modern living and enjoying picturesque views across the water and Half Moon Bay harbour. With contemporary renovations in the kitchen and bathrooms, it's perfectly ready for family life now, while offering huge potential to build up (subject to approvals) and further capitalise on the views. A quality example of timeless period style, with rare guaranteed upside, in one of the area's best-regarded positions.

Highlights
* Elegant character house on 499sqm

* Floorboards & period detail preserved
* Plantation shutters, ornate high ceilings
* Timber deck w/ glimpses over the bay
* Pot. to build up enhance view (STCA)
* Contemporary stone kitchen, air-cond.
* High-end fitout, Smeg Victoria cooker
* King bedrooms, master w/ ensuite
* Mere footsteps from the water's edge
* One of the area's best regarded spots

Property History for 5 Gipps St, Drummoyne, NSW 2047

A timeline of how this property has performed in the market
Last Sold
$4,101,000
04 Jul 2024
  • 04 Jul 2024
    Sold for $4,101,000
  • 13 Jun 2024
    Listed for Sale Not Disclosed
  • 20 Apr 2022
    Listed for Sale Contact Agent
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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 30 properties listed for sale, and 30 properties listed for rent in Drummoyne on OnTheHouse. According to CoreLogic's data, 266 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.