SOLD
Sold on 09 Jul 2024 for $3,550,000

32 Houston Road
Kingsford NSW 2032

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 107m2
Land area: 506m2
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NG Farah Kingsford
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Property Details for 32 Houston Rd, Kingsford

32 Houston Rd, Kingsford is a 2 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 506m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom House sold in Kingsford in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
107m2
Land Size
506m2
Local Government
Randwick
Lot/Plan
1/DP129994

Last Listing description (November 2024)

Discover an unparalleled opportunity with this unique residence, offered for the first time in seven decades. Nestled in the heart of the coveted R3 zoning area, this property is a gem for developers and investors, offering significant potential for medium-density residential development.

Prime Location and Accessibility
Boasting dual street frontage, including convenient access via Houston Lane, this property guarantees ease of access and enhanced value. Just a short stroll away, you'll find the new light rail system, ensuring seamless connectivity to the wider Sydney area. Kingsford village, with its vibrant array of shops, cafes, and amenities, is within close proximity, as is the prestigious University of New South Wales (UNSW), making this location highly desirable for students and academics alike.

Exceptional Investment Potential
This property isn't just about location; it's about opportunity. The R3 zoning opens the door to a variety of development possibilities, making it a smart choice for developers looking to maximize their return on investment. Whether you envision townhouses, apartments, or a mix of residential options, this site provides the canvas for your next project.

Flexible Settlement Terms
Understanding the diverse needs of buyers, we offer the option for a long settlement period. This flexibility allows you to plan and prepare your development strategy with ease and confidence.

Property Details
Land Size: 505.9 sqm
Dimensions: 50.29m x 10.06m

This is a rare chance to secure a property with immense potential in a thriving community. Don't miss out on this once-in-a-lifetime investment opportunity. Contact us today to arrange a viewing and explore the possibilities this remarkable property has to offer.

Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested parties should make and rely upon their own enquiries.

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Property History for 32 Houston Rd, Kingsford, NSW 2032

A timeline of how this property has performed in the market
Last Sold
$3,550,000
09 Jul 2024
  • 09 Jul 2024
    Sold for $3,550,000
  • 06 Jun 2024
    Listed for Sale Not Disclosed
  • 10 Nov 2023
    Sold
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About Kingsford 2032

The size of Kingsford is approximately 2 square kilometres. It has 9 parks covering nearly 0.5% of total area. The population of Kingsford in 2011 was 14,100 people. By 2016 the population was 15,474 showing a population growth of 9.7% in the area during that time. The predominant age group in Kingsford is 20-29 years. Households in Kingsford are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Kingsford work in a professional occupation. In 2011, 49.2% of the homes in Kingsford were owner-occupied compared with 43% in 2016.

Kingsford has 6,869 properties. Over the last 5 years, Houses in Kingsford have seen a 41.34% increase in median value, while Units have seen a 14.63% increase. As at 30 November 2024:

  • The median value for Houses in Kingsford is $2,708,448 while the median value for Units is $960,265.
  • Houses have a median rent of $950 while Units have a median rent of $750.
There are currently 21 properties listed for sale, and 42 properties listed for rent in Kingsford on OnTheHouse. According to CoreLogic's data, 251 properties were sold in the past 12 months in Kingsford.

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