55-57 Parramatta RoadHomebush NSW 2140
Property Details for 55-57 Parramatta Rd, Homebush
Last Listing description (October 2023)
JT Allen Real Estate & CBRE as exclusive selling agents are pleased to present a fantastic development opportunity within Sydney's Inner West growth corridor at 55-67 Parramatta Road and 12-24 Powell Street, Homebush. An expansive development site spanning 7,518sqm*, the offering commands a prominent position along Parramatta Road and is just 350m* from Homebush Train Station.
The majority of the property presents a cleared and level site, with the exception of the iconic Former Homebush Theatre which provides a rare opportunity to restore the prominence of this landmark feature through the regentrification of the original Homebush Town Centre.
Do you know how much you can borrow? JT Allen partners with Mantis Finance to ensure you can get the right financial solution, stress free. To find out how much you can borrow or to explore if your current mortgage is price competitive, visit https://loantools.com.au/mantis-finance
Property History for 55-57 Parramatta Rd, Homebush, NSW 2140
- 08 Aug 2023Listed for Sale Not Disclosed
- 27 Jan 2023Sold
- 03 Nov 1991Sold for $1,600,000
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0About 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 6,439 properties. Over the last 5 years, Houses in Homebush have seen a 20.36% increase in median value, while Units have seen a 6.12% increase. As at 30 November 2024:
- The median value for Houses in Homebush is $2,244,713 while the median value for Units is $691,235.
- Houses have a median rent of $750 while Units have a median rent of $695.
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