SOLD
RECENT ADVICE
Sold on 12 Oct 2024 for $4,690,000

7 Hampstead Road
Homebush West NSW 2140

Bedrooms: -
Bathrooms: -
Car spaces: 10
Floor area: 74m2
Land area: 955m2
Sold By
Strathfield Partners Real Estate
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Property Details for 7 Hampstead Rd, Homebush West

Building Type
Land
Year Built
1972
Floor Size
74m2
Land Size
955m2
Local Government
Strathfield
Lot/Plan
26/13/DP827

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

A timeline of how this property has performed in the market
Last Sold
$4,690,000
12 Oct 2024
Listed for Rent
$440/w
23 Jul 2018
  • 12 Oct 2024
    Sold for $4,690,000
  • 12 Sep 2024
    Listed for Sale SOLD $4,695,000
  • 17 Apr 2018
    Listed 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 3,541 properties. Over the last 5 years, Houses in Homebush West have seen a 32.59% increase in median value, while Units have seen a 9.67% increase. As at 30 September 2024:

  • The median value for Houses in Homebush West is $1,869,434 while the median value for Units is $640,485.
  • Houses have a median rent of $685 while Units have a median rent of $650.
There are currently 42 properties listed for sale, and 60 properties listed for rent in Homebush west on OnTheHouse. According to CoreLogic's data, 166 properties were sold in the past 12 months in Homebush west.

Suburb Insights for Homebush West 2140

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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.