SOLD
Sold on 15 Feb 2024 for $1,660,000

338 Homer Street
Earlwood NSW 2206

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 234m2
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Property Details for 338 Homer St, Earlwood

Building Type
Commercial
Year Built
1969
Land Size
234m2
Local Government
Canterbury-Bankstown
Lot/Plan
1/DP123989

Last Listing description (December 2023)

An opportunity has presented itself in form of this outstanding shop and residence located within the thriving Earlwood precinct. Proudly positioned with thousands of passing vehicles daily and an abundance of foot traffic, 338 Homer Street Earlwood offers a favourable development zoning and currently fully occupied with long term tenants. Its ground floor occupation consists of a fully fitted remedial massage business and with front and rear access, you'll find a fully renovated residence on the first floor.

Currently zoned B2 Local Centre and offers an 18m height limit under the current local environmental plan. Permissible B2 uses as described in the Canterbury Local Environmental Plan: Boarding houses; Centre-based child care facilities; Commercial premises; Community facilities; Educational establishments; Entertainment facilities; Function centres; Hostels; Information and education facilities; Light industries; Medical centres; Oyster aquaculture; Passenger transport facilities; Recreation facilities (indoor); Registered clubs; Respite day care centres; Restricted premises; Roads; Service stations; Shop top housing; Tank-based aquaculture; Tourist and visitor accommodation.

For more information, please contact Dean Vasil on 0420 555 965 or email dean.vasil@raywhite.com

Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested parties should make and rely upon their own enquiries.

Property History for 338 Homer St, Earlwood, NSW 2206

A timeline of how this property has performed in the market
Last Sold
$1,660,000
15 Feb 2024
Listed for Rent
$360/w
02 Jun 2021
  • 15 Feb 2024
    Sold for $1,660,000
  • 07 Nov 2022
    Listed for Sale More info on request
  • 19 May 2021
    Listed for Rent - Price not available
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About Earlwood 2206

The size of Earlwood is approximately 5.6 square kilometres. It has 32 parks covering nearly 18.5% of total area. The population of Earlwood in 2011 was 16,752 people. By 2016 the population was 17,734 showing a population growth of 5.9% in the area during that time. The predominant age group in Earlwood is 40-49 years. Households in Earlwood are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Earlwood work in a professional occupation. In 2011, 77.9% of the homes in Earlwood were owner-occupied compared with 76.4% in 2016.

Earlwood has 7,522 properties. Over the last 5 years, Houses in Earlwood have seen a 59.97% increase in median value, while Units have seen a 34.86% increase. As at 30 November 2024:

  • The median value for Houses in Earlwood is $2,132,491 while the median value for Units is $903,360.
  • Houses have a median rent of $900 while Units have a median rent of $635.
There are currently 16 properties listed for sale, and 20 properties listed for rent in Earlwood on OnTheHouse. According to CoreLogic's data, 256 properties were sold in the past 12 months in Earlwood.

Suburb Insights for Earlwood 2206

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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.