OFF MARKET

9/1 Glenmore Ridge Drive
Glenmore Park NSW 2745

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 91m2
Land area: 122m2
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Property Details for 9/1 Glenmore Ridge Dr, Glenmore Park

9/1 Glenmore Ridge Dr, Glenmore Park is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2014. The property has a land size of 122m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Year Built
2014
Floor Size
91m2
Land Size
122m2
Local Government
Penrith
Lot/Plan
18/SP91366

Last Listing description (July 2022)

20% off market rent and under the National Rental Affordability Scheme (NRAS).

Features include:
- Two bedrooms with mirrored built ins and balcony access

- Ensuite to main bedroom
- Fully-equipped kitchen with gas cooking, dishwasher and stone benchtop
- Modern main bathroom with separate bath and shower
- Internal laundry with dryer
- Split System air conditioner
- Open living
- Basement parking with storage cage

To be eligible for this property under the NRAS scheme you will need to meet the following criteria;

- Must be Australian citizen or permanent resident
- Not own any property or land in Australia or Overseas

Annual gross income must be under the below amount (based on household members)
Single Adult $52,324
Two Adults $72,341
Three Adults $92,358
Sole Parent + 1 Child $72,391
Sole Parent + 2 Children $89,748
Sole Parent + 3 Children $107,105
Couple + 1 Child $89,698
Couple + 2 Children $107,055
Couple + 3 Children $124,412

*Other household complements may apply, income criteria will vary based on the amount of household members.
**Applicants will be required to supply supporting documents to determine applicant eligibility

All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries. Photos used in this ad may be an example of the available apartment only and the actual property may differ.

For further questions contact Echo Realty on 1800 693 246 or email info@echorealty.com.au

Property History for 9/1 Glenmore Ridge Dr, Glenmore Park, NSW 2745

A timeline of how this property has performed in the market
Last Sold
$460,000
10 Oct 2021
Listed for Rent
$336/w
15 Apr 2021
  • 12 May 2022
    Listed for Rent - Price not available
  • 10 Oct 2021
    Sold for $460,000
  • 14 Sep 2021
    Listed for Sale $449,000-$469,000
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About Glenmore Park 2745

The size of Glenmore Park is approximately 9.7 square kilometres. It has 26 parks covering nearly 24.6% of total area. The population of Glenmore Park in 2011 was 20,271 people. By 2016 the population was 22,982 showing a population growth of 13.4% in the area during that time. The predominant age group in Glenmore Park is 0-9 years. Households in Glenmore Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Glenmore Park work in a clerical occupation. In 2011, 77.6% of the homes in Glenmore Park were owner-occupied compared with 76% in 2016.

Glenmore Park has 9,130 properties. Over the last 5 years, Houses in Glenmore Park have seen a 62.97% increase in median value, while Units have seen a 51.06% increase. As at 30 September 2024:

  • The median value for Houses in Glenmore Park is $1,171,695 while the median value for Units is $789,455.
  • Houses have a median rent of $730 while Units have a median rent of $520.
There are currently 37 properties listed for sale, and 9 properties listed for rent in Glenmore park on OnTheHouse. According to CoreLogic's data, 529 properties were sold in the past 12 months in Glenmore park.

Suburb Insights for Glenmore Park 2745

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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.