SOLD
Sold on 18 Apr 2024 for $5,010,000

59 Moffatts Drive
Dundas Valley NSW 2117

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 110m2
Land area: 1493m2
Sold By
ELEMENT REALTY RYDALMERE
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Property Details for 59 Moffatts Dr, Dundas Valley

59 Moffatts Dr, Dundas Valley is a 0 bedroom, 0 bathroom House and was built in 2021. The property has a land size of 1493m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 0 bedroom House sold in Dundas Valley in the last 12 months.

Building Type
House
Year Built
2021
Floor Size
110m2
Land Size
1493m2
Local Government
City Of Parramatta
Lot/Plan
200/DP1275406

Last Listing description (November 2023)

Under instructions from Newpoint Advisory as Receiver and Manager, CBRE as the exclusive sales agents are pleased to present to the market 59-61 Moffatts Drive, Dundas Valley.

The property represents a great opportunity for a builder or investor to acquire 8 near complete townhouses in-one-line perfectly positioned to capitalise on Sydney's tightening rental market.



Based in the popular north west suburb of Dundas, in close proximity to well-regarded primary & secondary schools, the property is set to benefit from the significant downsizer and young family market looking to break into the area.

59-61 Moffatts Drive, Dundas Valley benefits from the following key attributes:
- 2 x 4-Bedroom, 3 x 3-bedroom and 3 x 2-bedroom+study new-build townhouse complex with basement parking and storage
- Majority of building works complete
- Significant 1,493sqm* land parcel with favorable R3 Residential zoning
- Strong re-sale and significant rental demand in a tightening rental market currently at 1.3% experiencing persistent rental growth
- Surrounded by a plethora of schools including St Bernadette's Primary School (0.58km*), Telopea Public School (0.59km*), Yates Avenue Public School (0.79km*), St Patrick's Marist College (1.1km*) and Ermington West Public School (1.37km*)

59-61 Moffatts Drive, Dundas Valley will be offered for sale via On-site Auction on Friday, 1st December 2023 at 12:30pm.

For more information or to access the due diligence room, please contact the exclusive sales agents.

*approx

Property History for 59 Moffatts Dr, Dundas Valley, NSW 2117

A timeline of how this property has performed in the market
Last Sold
$5,010,000
18 Apr 2024
  • 18 Apr 2024
    Sold for $5,010,000
  • 07 Nov 2023
    Listed for Sale Contact Agent
  • 07 Mar 2014
    Listed for Sale Price Guide Over $850k

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About Dundas Valley 2117

The size of Dundas Valley is approximately 1.8 square kilometres. It has 15 parks covering nearly 17.8% of total area. The population of Dundas Valley in 2011 was 4,629 people. By 2016 the population was 5,389 showing a population growth of 16.4% in the area during that time. The predominant age group in Dundas Valley is 30-39 years. Households in Dundas Valley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dundas Valley work in a professional occupation. In 2011, 65.6% of the homes in Dundas Valley were owner-occupied compared with 59.5% in 2016.

Dundas Valley has 2,279 properties. Over the last 5 years, Houses in Dundas Valley have seen a 59.64% increase in median value, while Units have seen a 48.89% increase. As at 31 July 2024:

  • The median value for Houses in Dundas Valley is $1,698,293 while the median value for Units is $1,089,559.
  • Houses have a median rent of $750 while Units have a median rent of $650.
There are currently 8 properties listed for sale, and 4 properties listed for rent in Dundas valley on OnTheHouse. According to CoreLogic's data, 99 properties were sold in the past 12 months in Dundas valley.

Suburb Insights for Dundas Valley 2117

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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.