SOLD
Sold on 22 Jun 2024 for $505,000

19/286-292 Fairfield Street
Fairfield NSW 2165

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 98m2
Land area: 3041m2
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Property Details for 19/286-292 Fairfield St, Fairfield

19/286-292 Fairfield St, Fairfield is a 3 bedroom, 2 bathroom Unit and was built in 2008. The property has a land size of 3041m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom Unit sold in Fairfield in the last 12 months.

Building Type
Unit
Year Built
2008
Floor Size
98m2
Land Size
3041m2
Local Government
Fairfield
Lot/Plan
19/SP81081

Last Listing description (July 2024)

SOLD BY ERIC MURINITI - 0499 88 11 88
Super high rent return with the top floor currently leased at $480 per week and the bottom floor currently leased at $300 per week. These apartments in this location have an enormous rental demand so this is truly a rare opportunity. First home buyers can live in one level and lease out the other!

The apartment block itself is located in an amazing position across the road from Fairfield train station, schools and shops. The complex also enjoys two lifts, one servicing each side of the building, CCTV security cameras, security swipe card system, and a building manager.

Upstairs the apartment features a large tiled combined lounge and dining area, split system air conditioner, modern kitchen with Caesar stone benchtops and stainless steel appliances, internal laundry with dryer, two large bedrooms both with mirrored built in wardrobes and private balcony. Downstairs features a modern kitchenette with Caesar stone benchtop, large mirrored built in wardrobe and internal laundry with dryer.

OUTGOINGS:
- Strata: Approx. $2450 per quarter
- Water: Approx. $170 per quarter
- Council: Approx. $270 per quarter

Disclaimer: Reston Real Estate and 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 19/286-292 Fairfield St, Fairfield, NSW 2165

A timeline of how this property has performed in the market
Last Sold
$505,000
22 Jun 2024
  • 22 Jun 2024
    Sold for $505,000
  • 29 Jan 2024
    Listed for Sale $520,000
  • 13 Apr 2016
    Listed for Sale $545,000
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About Fairfield 2165

The size of Fairfield is approximately 4.5 square kilometres. It has 9 parks covering nearly 6% of total area. The population of Fairfield in 2011 was 17,033 people. By 2016 the population was 18,088 showing a population growth of 6.2% in the area during that time. The predominant age group in Fairfield is 20-29 years. Households in Fairfield are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Fairfield work in a labourer occupation. In 2011, 45.6% of the homes in Fairfield were owner-occupied compared with 40.7% in 2016.

Fairfield has 8,061 properties. Over the last 5 years, Houses in Fairfield have seen a 81.44% increase in median value, while Units have seen a 13.25% increase. As at 31 July 2024:

  • The median value for Houses in Fairfield is $1,137,653 while the median value for Units is $422,997.
  • Houses have a median rent of $600 while Units have a median rent of $445.
There are currently 51 properties listed for sale, and 39 properties listed for rent in Fairfield on OnTheHouse. According to CoreLogic's data, 292 properties were sold in the past 12 months in Fairfield.

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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.