OFF MARKET

13 Yarramona Street
Ermington NSW 2115

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 157m2
Land area: 176m2
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Last updated 30 Sep 2024
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Property Details for 13 Yarramona St, Ermington

13 Yarramona St, Ermington is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2015. The property has a land size of 176m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Year Built
2015
Floor Size
157m2
Land Size
176m2
Local Government
City Of Parramatta
Lot/Plan
136/DP270807

Last Listing description (July 2021)

Defence Housing Australia lease-back investment opportunity. Embrace the comfort and confidence that can only come from the security of guaranteed* rent paid every month for the entirety of the lease term. A perfect first time investment or a great place to park your cash for the seasoned investor.
Property Features:

- 3 generous sized bedrooms
- Main with walk-in robe & ensuite
- Formal lounge off set a foyer entry
- Separate family and dining room
- Modern gas kitchen with breakfast bar
- Rear access to a double lock-up garage
- Covered alfresco entertaining area

Qtrly Outgoings:

$368.50 Council p/q
$147.50 Water p/q
$147.50 Community p/q

Lease Features:
- Current Rent for 2021 : $680p/w
- Lease Edition 7
- Lease start date: From the date of Settlement
- Lease end date 6 years from the start date
- Lease option 1 x up to 36 months from the lease end date
- Right to vary 1 x up to 12 months Extension

Benefits of owning a DHA Leased property:

- Guaranteed* rent paid in advance, even if the property is vacant
- Periodic independent rent reviews
- Most non-structural maintenance paid for by DHA
- Zero re-letting fee

"Investing with DHA - This property is for sale on behalf of a Defence Housing Australia with a registered Lease commencing at the time of settlement"

In accordance with DHA regulations we advise that this property will only be available for private inspection to pre-qualified buyers only.

*Rent may be subject to abatement under certain circumstances such as loss of enjoyment or amenity, or breach of lease terms. Rent is paid where the property is habitable. Should a property become uninhabitable during the term of the lease, or lessor breaches the lease terms, the rent may cease or abate and lease may be terminated by DHA. Guaranteed rent is subject to the terms of the lease. DHA does not take into account an investor's objectives or financial needs. Investors should always seek appropriate independent advice before making any investment decisions with DHA.

"Ray White Ermington, its directors, employees and related entities believe that the information contained herein is gathered from sources we deem to be reliable. However, no representation or warranties of any nature whatsoever are given, intended or implied. Any interested parties should rely on their own inquiries."

Property History for 13 Yarramona St, Ermington, NSW 2115

A timeline of how this property has performed in the market
Last Sold
$1,151,000
21 May 2021
  • 21 May 2021
    Sold for $1,151,000
  • 31 Mar 2021
    Listed for Sale Sold

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About Ermington 2115

The size of Ermington is approximately 3.8 square kilometres. It has 17 parks covering nearly 15.6% of total area. The population of Ermington in 2011 was 9,469 people. By 2016 the population was 10,728 showing a population growth of 13.3% in the area during that time. The predominant age group in Ermington is 30-39 years. Households in Ermington are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Ermington work in a professional occupation. In 2011, 62.1% of the homes in Ermington were owner-occupied compared with 57.5% in 2016.

Ermington has 5,299 properties. Over the last 5 years, Houses in Ermington have seen a 61.34% increase in median value, while Units have seen a 22.21% increase. As at 30 September 2024:

  • The median value for Houses in Ermington is $1,915,494 while the median value for Units is $793,303.
  • Houses have a median rent of $850 while Units have a median rent of $700.
There are currently 29 properties listed for sale, and 12 properties listed for rent in Ermington on OnTheHouse. According to CoreLogic's data, 249 properties were sold in the past 12 months in Ermington.

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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.