OFF MARKET

47-49 Prospect Street
Erskineville NSW 2043

Bedrooms: 6
Bathrooms: 2
Car spaces: 4
Floor area: 77m2
Land area: 427m2
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Property Details for 47-49 Prospect St, Erskineville

47-49 Prospect St, Erskineville is a 6 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 427m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
House
Floor Size
77m2
Land Size
427m2
Local Government
Sydney
Lot/Plan
2/DP101036

Last Listing description (February 2022)

Auction Location: On site.

Why youll love it:

Offered for the first time in 40 years, this versatile property currently comprises of two separate dwellings and provides an immediate dual income or investment opportunity. This site currently lies on two separate lots and has the redevelopment potential for a multi dwelling development footsteps from the heart of Erskineville village (STCA).

Key features:
- Occupying 437sqm (approx.) as per contract
- Top quality build and solid double brick construction
- Currently two leasable dwellings, two separate lots
- Each has three bedrooms, a bathroom and balcony
- Spacious living/dining areas and large eat-in kitchens
- Valuable off-street parking available for several cars
- Easy access to Technology Park, RPA and Sydney Uni
- Near shops, cafes and frequent bus/rail links to city
- Within 500m of Erskineville Public School and station
- Short stroll to Newtowns vibrant King Street precinct

Best suited for:
Investors, renovators or developers keen to secure a property with exciting lifestyle options just minutes from the CBD.

Property History for 47-49 Prospect St, Erskineville, NSW 2043

A timeline of how this property has performed in the market
Last Sold
$2,792,000
27 Jun 2020
  • 27 Jun 2020
    Sold for $2,792,000
  • 03 Jun 2020
    Listed for Sale Auction

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About Erskineville 2043

The size of Erskineville is approximately 0.8 square kilometres. It has 11 parks covering nearly 9.5% of total area. The population of Erskineville in 2011 was 6,847 people. By 2016 the population was 8,021 showing a population growth of 17.1% in the area during that time. The predominant age group in Erskineville is 30-39 years. Households in Erskineville are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Erskineville work in a professional occupation. In 2011, 47% of the homes in Erskineville were owner-occupied compared with 47.1% in 2016.

Erskineville has 6,206 properties. Over the last 5 years, Houses in Erskineville have seen a 36.41% increase in median value, while Units have seen a 20.26% increase. As at 31 October 2024:

  • The median value for Houses in Erskineville is $1,893,252 while the median value for Units is $1,076,554.
  • Houses have a median rent of $935 while Units have a median rent of $830.
There are currently 25 properties listed for sale, and 30 properties listed for rent in Erskineville on OnTheHouse. According to CoreLogic's data, 289 properties were sold in the past 12 months in Erskineville.

Suburb Insights for Erskineville 2043

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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.