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Sold on 28 Feb 2024 for $788,000

505/1 Allambie Street
Ermington NSW 2115

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Property Details for 505/1 Allambie St, Ermington

505/1 Allambie St, Ermington is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Apartment sold in Ermington in the last 12 months.

Building Type
Apartment
Local Government
City Of Parramatta
Lot/Plan
60/SP93373

Last Listing description (February 2024)

Offering a naturally carefree lifestyle for those seeking style, space and elevated urban views, this exceptional top floor apartment makes a superb penthouse-style home of wide-ranging appeal. Set high in the quality Sierra complex, this two-bedroom-plus-study apartment makes an idyllic lock-up-and-leave retreat with a great-sized floorplan boasting elevated outlooks over the district, and a top location close to all of Ermington's amenities.

- Light and airy open design with crisp and modern finishes
- Enclosed all-weather balcony provides a second living space

- Two generous bedrooms plus a separate study/media area
- Designer kitchen with Smeg gas fittings and good workspace
- Convenient lift access to a security car space in the basement
- Air-conditioning, modern bathroom, ensuite and laundry
- Quick access to the CBD, Parramatta and Macquarie Business Park

A prized waterside address within the master planned Royal Shores community with cafes, cycleways and foreshore walks only footsteps away puts the final touch on this easy care gem. From here, you also have immediate access to the water's edge and parklands along the Parramatta River, and walking distance to Ermington Shopping Centre and transport to the city.

Property History for 505/1 Allambie St, Ermington, NSW 2115

A timeline of how this property has performed in the market
Last Sold
$788,000
28 Feb 2024
Listed for Rent
$580/w
29 Aug 2017
  • 28 Feb 2024
    Sold for $788,000
  • 20 Mar 2019
    Listed for Sale WATERFRONT LIVING | 2 CARS|JEN & TIM 0450 199 187
  • 06 Aug 2018
    Listed for Rent $580 / week
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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 5,292 properties. Over the last 5 years, Houses in Ermington have seen a 61.24% increase in median value, while Units have seen a 16.94% increase. As at 31 October 2024:

  • The median value for Houses in Ermington is $1,921,129 while the median value for Units is $801,007.
  • Houses have a median rent of $820 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, 255 properties were sold in the past 12 months in Ermington.

Suburb Insights for Ermington 2115

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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.