6/171 Herring Rd, Macquarie Park is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 1299m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Macquarie Park in the last 12 months.
Set in the Macquarie activation precinct, this generously sized north facing 2 bedroom apartment is set for future gains and offers an exciting and rare opportunity with some genuine scope for future development upside and massive returns with only 15 apartments in total. Recently rezoned B4 mixed use with floor space ratio 4.5:1 and a 65m height limit allowing high rise apartments, the area has had some incredible sales to developers buying up complexes and paying premium prices above market. An ideal investment or a perfect first home ready to live in. A short stroll to Macquarie Shopping Centre, Macquarie University and Station, Macquarie Hospital, City buses and local restaurants and cafes. Opportunities like this are rare.
* Updated kitchen and bathroom
* Large L shape lounge and dining area
The size of Macquarie Park is approximately 6.8 square kilometres. It has 27 parks covering nearly 36.8% of total area. The population of Macquarie Park in 2011 was 6,142 people. By 2016 the population was 8,125 showing a population growth of 32.3% in the area during that time. The predominant age group in Macquarie Park is 20-29 years. Households in Macquarie Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Macquarie Park work in a professional occupation. In 2011, 33.5% of the homes in Macquarie Park were owner-occupied compared with 29.7% in 2016..
Macquarie Park has 9,224 properties. Over the last 5 years, Houses in Macquarie Park have seen a 73.89% increase in median value, while Units have seen a 19.41% increase. As at 31 October 2024:
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