7 Hampstead RoadHomebush West NSW 2140
Property Details for 7 Hampstead Rd, Homebush West
Last Listing description (October 2024)
Strathfield Partners are pleased to offer 7 Hampstead Road, Homebush West to the market for sale via Auction.
This offering represents an exciting opportunity for developers or investors to acquire a prime parcel of land with ten (10) units in the heart of Homebush West.
The property consists of:
* 8 x 2-bedroom units
* 2 x 1-bedroom units
* 10 x Lock up garages
* All units have 1-bathroom and a balcony
* All 2-bedroom units have internal laundry
* Site area 955m Approx.
* FSR 1.45:1
* Height of Building: 14 m
* Zoned R3: Medium Density Residential
* 300m to Flemington Station
* Currently returning $309,920 Per Annum
The property is fully leased and recently refurbished with solid brick construction, providing an excellent opportunity for easy living and accessibility right at your doorstep. It is just a short stroll to Flemington train station, Flemington Markets, Strathfield Golf Course, local schools, leafy green parks, and shopping facilities.
Property History for 7 Hampstead Rd, Homebush West, NSW 2140
- 12 Oct 2024Sold for $4,690,000
- 12 Sep 2024Listed for Sale SOLD $4,695,000
- 17 Apr 2018Listed for Rent - Price not available
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About Homebush West 2140
The size of Homebush West is approximately 1.6 square kilometres. It has 4 parks covering nearly 0.6% of total area. The population of Homebush West in 2011 was 5,781 people. By 2016 the population was 8,604 showing a population growth of 48.8% in the area during that time. The predominant age group in Homebush West is 20-29 years. Households in Homebush West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Homebush West work in a professional occupation. In 2011, 47.4% of the homes in Homebush West were owner-occupied compared with 38.1% in 2016.
Homebush West has 3,545 properties. Over the last 5 years, Houses in Homebush West have seen a 27.27% increase in median value, while Units have seen a 10.87% increase. As at 31 October 2024:
- The median value for Houses in Homebush West is $1,825,948 while the median value for Units is $652,814.
- Houses have a median rent of $660 while Units have a median rent of $650.
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