SOLD
Sold on 01 Jul 2024 for $530,000

505C/48-56 Derby Street
Kingswood NSW 2747

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 6725m2
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Winners Choice Real Estate
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Property Details for 505c/48-56 Derby St, Kingswood

505c/48-56 Derby St, Kingswood is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 6725m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Kingswood in the last 12 months.

Building Type
Unit
Year Built
2017
Land Size
6725m2
Local Government
Penrith
Lot/Plan
141/SP98423

Last Listing description (July 2024)

This stylish 2-bedroom, 2-bathroom apartment, located in Building C on Level 5, is designed for comfort and convenience. The master bedroom features an ensuite, and both bedrooms come with mirrored built-in wardrobes. The modern kitchen, equipped with gas cooking, flows seamlessly into a combined lounge and dining area, perfect for entertaining. The apartment also includes a well-appointed bathroom with a bathtub, an internal laundry, and a private balcony to enjoy the fresh air.
Additional features include a split system air conditioner, a garbage chute, and secure basement parking on Level B1 with cage storage. Residents have access to a ground-level common space and a rooftop courtyard. This apartment is an excellent choice for investors, downsizers, or first-time homebuyers seeking a stylish and hassle-free lifestyle.

Potential rent: $ 520 per week

Current rent: $ 480 per week until August 2024

Property Features:
Secured basement parking with cage storage
Split system air conditioning
1 Car Space

Main Unit Features:
2 Bedroom, with mirrored built-in wardrobe
2 Bathroom
Laundry room
Kitchen
Dining area
Living area
Balcony

Area Features:
1 minute drive to KU Penrith Preschool
2 minutes drive to The Little Village Early Learning Centre
3 minutes drive to Little Explorers Academy
2 minutes drive to Kingswood South Public School
6 minutes drive to St Joseph's Primary School
7 minutes drive to Claremont Meadows Public School
3 minutes drive to Penrith Selective High School
4 minutes drive to Kingswood High School
8 minutes drive to Cambridge Park High School
3 minutes drive to Western Sydney University, Kingswood
4 minutes drive to Montgrove College
5 minutes drive to St Dominic's College
1 minute drive to Nepean Hospital
1 minute drive to Hospital Specialist Clinic
1 minute drive to Somerset Private Hospital
4 minutes drive to Fire and Rescue NSW Penrith Fire Station
5 minutes drive to Penrith Police Station
6 minutes drive to Memory Mall
6 minutes drive to Westfield Penrith Shopping Centre
7 minutes drive to Nepean Village Shopping Centre
1 minute drive to Wainwright Park
5 minutes drive to Kingswood Train station

Kingswood is a vibrant and friendly neighborhood offering a perfect blend of convenience and comfort. Excellent public transport, including Kingswood Train Station and various bus routes, makes commuting easy. The area boasts great educational facilities, including primary and secondary schools and Western Sydney University, along with top-notch medical services at Nepean Hospital. With local shops, cafes, restaurants, and the nearby Westfield Penrith for larger shopping needs, residents have plenty of dining and entertainment options. Nature lovers will enjoy the parks and green spaces, while the welcoming and diverse community makes Kingswood an ideal place to call home for investors, downsizers, and first-time buyers alike.

BE SURE NOT TO MISS OUT.

Please call Jose on 02 8916 6488 as this top location is sought after and will not last.

Disclaimer: Winners Choice Real Estate believes that all information contained herein to be true and correct to the best of our ability and in no way misleading, however, all interested parties are advised to carry out their own enquiries and relevant searches.

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Property History for 505c/48-56 Derby St, Kingswood, NSW 2747

A timeline of how this property has performed in the market
Last Sold
$530,000
01 Jul 2024
  • 01 Jul 2024
    Sold for $530,000
  • 08 Jun 2024
    Listed for Sale Not Disclosed
  • 20 Nov 2017
    Sold for $490,000

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About Kingswood 2747

The size of Kingswood is approximately 5.3 square kilometres. It has 22 parks covering nearly 10.3% of total area. The population of Kingswood in 2011 was 9,107 people. By 2016 the population was 9,288 showing a population growth of 2.0% in the area during that time. The predominant age group in Kingswood is 20-29 years. Households in Kingswood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kingswood work in a professional occupation. In 2011, 51.4% of the homes in Kingswood were owner-occupied compared with 44.9% in 2016.

Kingswood has 5,437 properties. Over the last 5 years, Houses in Kingswood have seen a 68.86% increase in median value, while Units have seen a 30.13% increase. As at 30 September 2024:

  • The median value for Houses in Kingswood is $988,300 while the median value for Units is $549,780.
  • Houses have a median rent of $550 while Units have a median rent of $473.
There are currently 44 properties listed for sale, and 28 properties listed for rent in Kingswood on OnTheHouse. According to CoreLogic's data, 280 properties were sold in the past 12 months in Kingswood.

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