2/8 Cypress StreetForest Hill NSW 2651
Property Details for 2/8 Cypress St, Forest Hill
2/8 Cypress St, Forest Hill is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 1016m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in March 2015.
Last Listing description (April 2016)
This easy care villa is perfect for the investor or those looking to downsize but still wanting their own space
- comprising two bedrooms, both with built-in robes and easy access to the bathroom with separate toilet
- the living area is a good size and leads to the meals and kitchen
- single garage with internal access, plus there is a second car space to the side of the home
- rental potential of $200 - $210 per week providing an annual return of 5.2 - 5.5%
- the home is conveniently located directly over the road from oval and children's playground and only moments to the RAAF base. Its only moments to the Forest Hill shopping Centre with doctor, chemist, supermarket,and newsagent, plus there is a bus route
An easy option for the investor or downsize
Property History for 2/8 Cypress St, Forest Hill, NSW 2651
- 09 Mar 2015Sold for $182,500
- 30 Jan 2015Listed for Sale $197,000
- 17 Jun 2002Sold for $86,000
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About Forest Hill 2651
The size of Forest Hill is approximately 42.6 square kilometres. It has 2 parks covering nearly 0.2% of total area. The population of Forest Hill in 2011 was 2,216 people. By 2016 the population was 2,255 showing a population growth of 1.8% in the area during that time. The predominant age group in Forest Hill is 20-29 years. Households in Forest Hill are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Forest Hill work in a trades occupation. In 2011, 58.9% of the homes in Forest Hill were owner-occupied compared with 60% in 2016.
Forest Hill has 1,270 properties. Over the last 5 years, Houses in Forest Hill have seen a 90.45% increase in median value, while Units have seen a 48.97% increase. As at 31 October 2024:
- The median value for Houses in Forest Hill is $467,108 while the median value for Units is $353,305.
- Houses have a median rent of $475 while Units have a median rent of $315.
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