OFF MARKET

10 Magnolia Street
Greystanes NSW 2145

Bedrooms: 7
Bathrooms: 2
Car spaces: 1
Floor area: 115m2
Land area: 689m2
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Property Details for 10 Magnolia St, Greystanes

10 Magnolia St, Greystanes is a 7 bedroom, 2 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 689m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
House
Year Built
1960
Floor Size
115m2
Land Size
689m2
Local Government
Cumberland
Lot/Plan
68/DP233207

Last Listing description (October 2024)

Dual living opportunity in prime Greystanes location

Discover the perfect blend of space and versatility at 10 Magnolia Street, Greystanes. This unique property sitting on 689.2 sqm of land offers a main house and a self-contained granny flat, making it ideal for extended families or dual living. The main house features four bedrooms with built-in robes, a spacious open-plan kitchen, living, and dining area, a modern bathroom, and a separate laundry.

The granny flat adds three more bedrooms, all with built-in robes, plus a combined kitchen and dining area, a laundry/bathroom, and its own private entry. With two bathrooms and a total of four car spaces, this property provides convenience and flexibility.

Dual rental income from a main house and a granny flat can be a highly effective way to boost your financial returns. Renting out both the main residence and the additional granny flat allows property owners to generate multiple streams of income from a single property. Additionally, having separate rental spaces can attract a wider range of tenants, providing more stability and flexibility in managing your property.

MAIN HOUSE

- Main house with four bedrooms
- Built in wardrobes to all rooms
- Open floorplan living
- All tiled throughout both properties
- Current rent at $660 PW

GRANNY FLAT

- Granny flat with three bedrooms
- Built in wardrobes
- Modern open floor plan
- Current rent at $510 PW

Situated in a family-friendly neighbourhood, you're just moments from Sherwood Grange Public School, Holroyd High School, Educate Me Montessori, and the serene Central Gardens nature reserve. Whether you're looking to accommodate a large family or generate a combined rental income, this property offers endless possibilities.

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Property History for 10 Magnolia St, Greystanes, NSW 2145

A timeline of how this property has performed in the market
Last Sold
$1,250,000
06 Aug 2022
Listed for Rent
$570/w
23 Jul 2021
  • 20 Aug 2024
    Listed for Sale Buyer Guide | $1,350,000 - $1,425,000
  • 06 Aug 2022
    Sold for $1,250,000
  • 20 Jun 2022
    Listed for Sale $1,250,000 - SENSATIONAL HOUSE & GRANNY ON 689SQM
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About Greystanes 2145

The size of Greystanes is approximately 8.9 square kilometres. It has 54 parks covering nearly 21.8% of total area. The population of Greystanes in 2011 was 21,702 people. By 2016 the population was 22,785 showing a population growth of 5.0% in the area during that time. The predominant age group in Greystanes is 0-9 years. Households in Greystanes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Greystanes work in a clerical occupation. In 2011, 81.1% of the homes in Greystanes were owner-occupied compared with 79.4% in 2016.

Greystanes has 8,386 properties. Over the last 5 years, Houses in Greystanes have seen a 74.78% increase in median value, while Units have seen a 28.03% increase. As at 31 October 2024:

  • The median value for Houses in Greystanes is $1,350,350 while the median value for Units is $733,655.
  • Houses have a median rent of $740 while Units have a median rent of $590.
There are currently 43 properties listed for sale, and 26 properties listed for rent in Greystanes on OnTheHouse. According to CoreLogic's data, 354 properties were sold in the past 12 months in Greystanes.

Suburb Insights for Greystanes 2145

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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.