OFF MARKET

5C/48-56 Derby Street
Kingswood NSW 2747

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 113m2
Land area: 6725m2
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Property Details for 5c/48-56 Derby St, Kingswood

5c/48-56 Derby St, Kingswood is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2018. The property has a land size of 6725m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
2018
Floor Size
113m2
Land Size
6725m2
Local Government
Penrith
Lot/Plan
101/SP98423

Last Listing description (December 2023)

Located in an ideal setting, this remarkable three-bedroom ground floor apartment is a true gem. Nestled in a coveted neighbourhood, it offers convenience beyond compare. Just moments away from local schools, shops, and public transport, its standout feature is its proximity to Nepean Hospital, which is just a stone's throw away.

This apartment is designed to cater to your every need, whether you're a first-time homebuyer, an investor, or someone looking to downsize while enjoying ample space and tranquillity. Tucked away at the rear of the complex, it offers a serene and private oasis with easy access to the main front courtyard and secure underground parking.

Key Features:

Three generously sized bedrooms, all equipped with built-in wardrobes
Split system air conditioners to all rooms for year-round comfort
Master bedroom with an ensuite
Spacious open-plan kitchen, lounge, and dining area
Modern kitchen with a gas cooktop, stainless steel appliances, and abundant counter and storage space
Well-maintained main bathroom with a bathtub, complemented by an ensuite in the master bedroom
Internal laundry
Convenient walk-in linen cupboard
Expansive ground floor courtyard, perfect for entertaining
Rooftop access, providing breath-taking 360-degree views and ample entertainment space
Two secured underground parking spaces, complete with an allocated storage cage, multiple visitor spots, and a self-car wash section
Ready for immediate occupancy with potential rental income of $485-$520 per week
Strata rates of approximately $1,053 per quarter
Water rates of approximately $253 per quarter
Council rates of approximately $448 per quarter

In addition to these features, this property boasts an unbeatable location, with Nepean Hospital a mere 100 meters away. Other nearby amenities include Penrith Selective High School (950m), Kingswood Station (1km), Kingswood Sports Club (1.2km), Penrith South Public School (1.5km), Kingswood High School (1.6km), and Westfield Penrith (2.6km). Don't miss the opportunity to make this exceptional apartment your new home.

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Property History for 5c/48-56 Derby St, Kingswood, NSW 2747

A timeline of how this property has performed in the market
Last Sold
$640,000
29 Oct 2023
  • 29 Oct 2023
    Sold for $640,000
  • 29 Aug 2023
    Listed for Sale $645,000
  • 14 Apr 2017
    Sold for $600,000

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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.

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