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Sold on 05 Jul 2024 for $680,000

8/1 Gray Crescent
Eastlakes NSW 2018

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Property Details for 8/1 Gray Cres, Eastlakes

8/1 Gray Cres, Eastlakes is a 2 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Apartment sold in Eastlakes in the last 12 months.

Building Type
Apartment
Local Government
Bayside
Lot/Plan
8/SP1425

Last Listing description (July 2024)

Located at the end of a quiet cul-de-sac comes this top floor, oversized 2 bedroom apartment overlooking Edmund Throrton Reserve. A perfect steppingstone into the Sydney real estate market or opportunity to add to your property portfolio.

-Spacious Open living and dining area
-North Facing Balcony overlooking park

-2 Bedrooms with built in wardrobes
-Kitchen with gas appliances
-Updated bathroom with separate bath
-Ample storage throughout

Centrally located and within a minute's walk to Eastlakes Reserve, the new Eastlakes Shopping Centre and transport direct to Sydney's CBD. With the recent high end development of the new shopping centre, capital growth is assured.

Property History for 8/1 Gray Cres, Eastlakes, NSW 2018

A timeline of how this property has performed in the market
Last Sold
$680,000
05 Jul 2024
Listed for Rent
$370/w
21 Dec 2020
  • 05 Jul 2024
    Sold for $680,000
  • 23 Jun 2024
    Listed for Sale Auction | 20th July
  • 03 Apr 2020
    Listed for Rent $395 / week
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About Eastlakes 2018

The size of Eastlakes is approximately 2 square kilometres. It has 14 parks covering nearly 40.1% of total area. The population of Eastlakes in 2011 was 6,920 people. By 2016 the population was 6,879 showing a population decline of 0.6% in the area during that time. The predominant age group in Eastlakes is 30-39 years. Households in Eastlakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Eastlakes work in a professional occupation. In 2011, 45.3% of the homes in Eastlakes were owner-occupied compared with 43.8% in 2016.

Eastlakes has 3,247 properties. Over the last 5 years, Houses in Eastlakes have seen a 45.44% increase in median value, while Units have seen a 26.81% increase. As at 31 October 2024:

  • The median value for Houses in Eastlakes is $2,040,057 while the median value for Units is $711,624.
  • Houses have a median rent of $925 while Units have a median rent of $680.
There are currently 7 properties listed for sale, and 12 properties listed for rent in Eastlakes on OnTheHouse. According to CoreLogic's data, 116 properties were sold in the past 12 months in Eastlakes.

Suburb Insights for Eastlakes 2018

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Contact agent
Paul Spanoudakis
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Raine & Horne Maroubra
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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.