SOLD
Sold on 14 Mar 2024 for $618,000

303/7-11 Derowie Avenue
Homebush NSW 2140

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 77m2
Land area: 113m2
Sold By
Belle Property Strathfield
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Property Details for 303/7-11 Derowie Ave, Homebush

303/7-11 Derowie Ave, Homebush is a 2 bedroom, 2 bathroom Unit and was built in 2017. The property has a land size of 113m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Homebush in the last 12 months.

Building Type
Unit
Year Built
2017
Floor Size
77m2
Land Size
113m2
Local Government
Strathfield
Lot/Plan
23/SP92337

Last Listing description (May 2024)

Rarely do you find a home that is both ultra modern in design whilst also embracing a classic double brick construction with an emphasis on oversized living/dining zones and spacious bedroom quarters. This executive apartment unfolds across a sleek open-plan north-facing layout whilst embracing elevated district views and a chic contemporary ambience.

It creates a fantastic opportunity for a first home buyer, young family or savvy investor seeking high and consistent rental returns. The property is well-located within the heart of vibrant Homebush and is within walking radius to Homebush Station, Strathfield shops, vibrant restaurants, local schools and an array of other amenities.

- Modern double brick construction in a quiet, convenient locale

- Bright lounge and dining space utilises an open concept design
- Vast floor-to-ceiling glass doors allow seamless in/outdoor flow
- Relaxed all-weather balcony with elevated views for gatherings
- Stone kitchen with European gas appliances and a dishwasher
- Spacious bedrooms with carpet flooring and built-in wardrobes
- Fully tiled designer bathroom, main with a freestanding bathtub
- Secure basement car space w/ storage, video intercom, lift access
- Immersed in cosmopolitan Homebush lifestyle, walk to everywhere
- Close to the Bakehouse Quarter, Aldi, shops, restaurants and railway

Potential Rent: $700- $750/wk
Strata Admin: $1,249/qtr
Strata Sinking Fund: $538/qtr
Council: $400/qtr
Water: $180 + usage /qtr

Property History for 303/7-11 Derowie Ave, Homebush, NSW 2140

A timeline of how this property has performed in the market
Last Sold
$618,000
14 Mar 2024
  • 14 Mar 2024
    Sold for $618,000
  • 23 Jan 2024
    Listed for Sale Not Disclosed
  • 20 Apr 2016
    Sold for $750,000

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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 6,445 properties. Over the last 5 years, Houses in Homebush have seen a 26.73% increase in median value, while Units have seen a 9.79% increase. As at 31 August 2024:

  • The median value for Houses in Homebush is $2,343,652 while the median value for Units is $684,372.
  • Houses have a median rent of $750 while Units have a median rent of $680.
There are currently 62 properties listed for sale, and 43 properties listed for rent in Homebush on OnTheHouse. According to CoreLogic's data, 419 properties were sold in the past 12 months in Homebush.

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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.