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Sold on 30 Aug 2024 - Price Unavailable

10/8 Loftus Crescent
Homebush NSW 2140

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 88m2
Land area: 1448m2
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Strathfield Partners Real Estate
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Property Details for 10/8 Loftus Cres, Homebush

Building Type
Commercial
Year Built
1940
Floor Size
88m2
Land Size
1448m2
Local Government
Strathfield
Lot/Plan
10/SP7241

Last Listing description (October 2024)

Located opposite Homebush station and short walk to Homebush shopping, schools, cafes and restaurants, this remarkable opportunity awaits an astute investor to acquire 4 x 3 bedroom units in a small boutique block of only 12.

With potential to return over $3,250 per week ($169,000 Per annum), the Art Deco era units feature built-in robes, separate lounge and dining, spacious eat in kitchens, high ceilings, polished timber floors, own laundries and lock up garages.

Perfect for land banking and reap the rewards in the near future. Redevelopment opportunity exists with its B4 Mixed use Zoning and up to 21m building height (up to 7 levels) and 1.65:1 Floor space ratio. Currently a 2 level building.

Disclaimer: We have in preparing this document, used our best endeavours to ensure that all the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements contained in this document.

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Property History for 10/8 Loftus Cres, Homebush, NSW 2140

A timeline of how this property has performed in the market
Last Sold
30 Aug 2024
Listed for Rent
$400/w
18 Mar 2012
  • 30 Aug 2024
    Sold
  • 14 Mar 2023
    Listed for Sale Not Disclosed
  • 16 Mar 2013
    Sold for $441,000
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About Homebush 2140

The size of Homebush is approximately 2.1 square kilometres. It has 12 parks covering nearly 15.9% of total area. The population of Homebush in 2011 was 6,195 people. By 2016 the population was 7,018 showing a population growth of 13.3% in the area during that time. The predominant age group in Homebush is 20-29 years. Households in Homebush are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Homebush work in a professional occupation. In 2011, 52.7% of the homes in Homebush were owner-occupied compared with 45.3% in 2016.

Homebush has 6,408 properties. Over the last 5 years, Houses in Homebush have seen a 42.24% increase in median value, while Units have seen a 9.01% increase. As at 30 September 2024:

  • The median value for Houses in Homebush is $2,431,768 while the median value for Units is $687,346.
  • Houses have a median rent of $750 while Units have a median rent of $690.
There are currently 61 properties listed for sale, and 46 properties listed for rent in Homebush on OnTheHouse. According to CoreLogic's data, 410 properties were sold in the past 12 months in Homebush.

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