OFF MARKET

506A/48-56 Derby Street
Kingswood NSW 2747

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 72m2
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Property Details for 506a/48-56 Derby St, Kingswood

506a/48-56 Derby St, Kingswood is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 72m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
Unit
Year Built
2017
Land Size
72m2
Local Government
Penrith
Lot/Plan
36/SP96258

Last Listing description (February 2021)

Located on level 5 of the approximately 3 year old complex. Directly opposite the Nepean Private and Public Hospitals with easy access to the M4 Motorway, local transport, including walking distance to the railway station. close proximity to major shopping centres, general services, schools, the Western Sydney University Campus, and approximately 15 minutes to the new Western Sydney Airport.

This Gem of an apartment is approximately 73m2 in size and is located within a gated security complex with intercom access.

The features of this Unit are outstanding and include a stainless steel, gas Westinghouse oven, stainless steel dishwasher, an abundance of storage, large combined lounge and dining room with a spilt-system air conditioner.

The bedroom has a large mirrored built in robe with sliding door access onto the generous sized balcony. A contemporary bathroom with large shower, and internal laundry with Simpson dryer and wash basin are also included.

There is one secure parking space along with a security storage cage located in the underground parking with your very own security toggle-key access.

There is a large community outdoor recreational space with amazing views to the Blue Mountains on level 7. Simply stunning. There is also an outdoor ground level garden space
Investors: Rent potential is approximately $360 per week.
Strata Fees: Approximately $690 per quarter.

Disclaimer: We have been furnished with the above information, however, Merrick Property Group gives no guarantees or undertakings concerning the accuracy, completeness or up-to-date nature of the information provided.

All interested parties are responsible for their own independent enquiries in order to determine whether or not this information is in fact accurate.

Property History for 506a/48-56 Derby St, Kingswood, NSW 2747

A timeline of how this property has performed in the market
Last Sold
$375,000
11 Feb 2021
  • 11 Feb 2021
    Sold for $375,000
  • 29 Dec 2020
    Listed for Sale $400,000
  • 26 May 2016
    Sold for $374,000

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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 5,459 properties. Over the last 5 years, Houses in Kingswood have seen a 58.51% increase in median value, while Units have seen a 34.83% increase. As at 30 November 2024:

  • The median value for Houses in Kingswood is $976,035 while the median value for Units is $573,685.
  • Houses have a median rent of $550 while Units have a median rent of $470.
There are currently 38 properties listed for sale, and 29 properties listed for rent in Kingswood on OnTheHouse. According to CoreLogic's data, 268 properties were sold in the past 12 months in Kingswood.

Suburb Insights for Kingswood 2747

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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.