OFF MARKET

29 Westmoreland Street
Glebe NSW 2037

Bedrooms: 4
Bathrooms: 4
Car spaces: 2
Floor area: 191m2
Land area: 273m2
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Property Details for 29 Westmoreland St, Glebe

29 Westmoreland St, Glebe is a 4 bedroom, 4 bathroom House with 2 parking spaces and was built in 1890. The property has a land size of 273m2 and floor size of 191m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
1890
Floor Size
191m2
Land Size
273m2
Local Government
Sydney
Lot/Plan
73/DP246729

Last Listing description (June 2023)

This ultra-convenient established large home is ready to move in or take advantage of the investment potential with projected annual gross return of $150,000+ when fully let.
HOME BUYER? Predominantly sturdy brick and concrete construction, the home offers a contemporary family configuration and with the removal of two timber-plasterboard walls you'll maximise the living area and only reduce the number of bedrooms from 7 to six.
INVESTING? Don't change a thing and continue utilising the property as a contemporary share house, designed to accommodate couples and singles. Grab an investment property with high rental yield, and the capital growth associated with The City of Sydney Council Area. More information regarding rental returns and outgoings available upon request.

The property has rear lane access and a large loft space, with both features currently underutilised and waiting for creative input to maximise the potential of this property.
The leafy rear yard is tranquil and has room to park 2 to 3 cars. There is also a large timber deck off the large living and kitchen area, providing an alfresco space for meals and place to relax and enjoy the city fringe vibe in a peaceful place, within strolling distance to light rail, parks, shopping buses.
This large versatile home offers a lot of value and must be inspected to fully comprehend the potential.

Price Guide $3,000,000

Disclaimer: Forsyth Real Estate believes that this information is correct but it does not warrant or guarantee its accuracy. Certain information has been obtained from external sources. All interested parties should make and rely upon their own enquiries in order to determine whether or not this information is in fact accurate. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. Figures may be subject to change without notice.

Close to Schools, Close to Shops, Close to Transport

Property History for 29 Westmoreland St, Glebe, NSW 2037

A timeline of how this property has performed in the market
Last Sold
$3,015,000
11 May 2023
Listed for Rent
$900/w
11 Nov 2012
  • 11 May 2023
    Sold for $3,015,000
  • 25 Nov 2022
    Listed for Sale Selling Price $3.1M
  • 22 Aug 2017
    Sold for $1,500,000
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About Glebe 2037

The size of Glebe is approximately 1.7 square kilometres. It has 14 parks covering nearly 17.1% of total area. The population of Glebe in 2011 was 11,123 people. By 2016 the population was 11,538 showing a population growth of 3.7% in the area during that time. The predominant age group in Glebe is 20-29 years. Households in Glebe are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Glebe work in a professional occupation. In 2011, 34.9% of the homes in Glebe were owner-occupied compared with 34.8% in 2016.

Glebe has 7,919 properties. Over the last 5 years, Houses in Glebe have seen a 36.45% increase in median value, while Units have seen a 31.39% increase. As at 31 October 2024:

  • The median value for Houses in Glebe is $2,447,758 while the median value for Units is $1,216,512.
  • Houses have a median rent of $910 while Units have a median rent of $700.
There are currently 27 properties listed for sale, and 50 properties listed for rent in Glebe on OnTheHouse. According to CoreLogic's data, 225 properties were sold in the past 12 months in Glebe.

Suburb Insights for Glebe 2037

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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.