6 Forsyth StreetKingsford NSW 2032
Property Details for 6 Forsyth St, Kingsford
6 Forsyth St, Kingsford is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 500m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 4 bedroom House sold in Kingsford in the last 12 months.
Last Listing description (November 2024)
Ray White Touma Group and RWC Western Sydney as well as Frankada Property Group are pleased to present 6 Forsyth Street, Kingsford for sale via Expressions of Interest.
The Site offers buyers a prime opportunity to secure a DA approved residential development with no basement containing 13 residential units and communal area.
Situated within walking distance to University of New South Wales, the site is just moments away from the Kingsford Light Rail on Anzac Parade providing convenient access to a range of amenities across the entire Light Rail network.
With the rental market exceptionally competitive near established Tertiary Education Facilities, this is an ideal opportunity to capitalise on the growing rental demand for affordable accommodation in the area.
Additional Highlights of the Property:
- Site Area of 500sqm*
- Dual Street Frontage onto Forsyth Street and Harbourne Lane
- DA approved for 12 x Studios plus a 1-Bedroom Apartment
- Two (2) storey building with no basement
- Efficient design and build
- All units feature balconies
- Zoned R3 Medium Density Residential
- Close proximity to the University of New South Wales
- Strategically located only 5 minute* walk to Anzac Parade, providing direct access to Light Rail Network
- Strong potential for high rental return and growth
- Versatile end product suitable for build-to-sell or build-to-rent
The property is offered for sale via Expressions of Interest.
*Approx.
Property History for 6 Forsyth St, Kingsford, NSW 2032
- 04 Nov 2024Sold
- 16 Aug 2024Listed for Sale Expressions of Interest
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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 6,868 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.
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