SOLD
Sold on 01 May 2024 for $635,000

502/7-11 Derowie Avenue
Homebush NSW 2140

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 87m2
Land area: 123m2
Sold By
Belle Property Strathfield
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Property Details for 502/7-11 Derowie Ave, Homebush

502/7-11 Derowie Ave, Homebush is a 2 bedroom, 2 bathroom Unit and was built in 2017. The property has a land size of 123m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Homebush in the last 12 months.

Building Type
Unit
Year Built
2017
Floor Size
87m2
Land Size
123m2
Local Government
Strathfield
Lot/Plan
36/SP92337

Last Listing description (July 2024)

Ultra modern in design and embracing a classic double brick construction, this executive apartment emphasises oversized living/dining zones and spacious bedroom quarters. Set high on Lvl5, it unfolds across a sleek open-plan northerly layout, enjoying elevated district views with an entertainer's undercover balcony set in a chic contemporary ambience.

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 the station, Strathfield shops, vibrant restaurants, local schools and an array of other amenities. Located in a tree-lined street, 'Scarlett Gardens' is the ultimate address for modern in executive living.

- Modern brick construction in a tree-lined, 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 bathrooms, neutral earthy tones, lift access
- Secure basement car space w/ huge 5m2 storage, video intercom,
- Immersed in cosmopolitan Homebush lifestyle, walk to everywhere
- Close to the Bakehouse Quarter, Aldi, shops, restaurants and station

Potential Rent: $750/wk
Strata Admin: $1,305/qtr
Capital Works Fund: $563/qtr
Council: $400/qtr
Water: $180 + usage /qtr

Property History for 502/7-11 Derowie Ave, Homebush, NSW 2140

A timeline of how this property has performed in the market
Last Sold
$635,000
01 May 2024
Listed for Rent
$620/w
01 Mar 2019
  • 01 May 2024
    Sold for $635,000
  • 11 Apr 2024
    Listed for Sale Not Disclosed
  • 23 Oct 2019
    Sold for $630,000
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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.