SOLD
Sold on 09 Apr 2024 for $2,425,000

49 Harnett Avenue
Marrickville NSW 2204

Bedrooms: 6
Bathrooms: 4
Car spaces: -
Floor area: 75m2
Land area: 374m2
Sold By
CobdenHayson Annandale
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Property Details for 49 Harnett Ave, Marrickville

49 Harnett Ave, Marrickville is a 6 bedroom, 4 bathroom House and was built in 1974. The property has a land size of 374m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 6 bedroom House sold in Marrickville in the last 12 months.

Building Type
House
Year Built
1974
Floor Size
75m2
Land Size
374m2
Local Government
Inner West
Lot/Plan
2/DP515285

Last Listing description (May 2024)

A superb investment opportunity with tremendous potential, this solid brick complex of four apartments is ideally located in the heart of the inner west, just a brief stroll to Marrickville's cafes, dining and shopping amenities. It is well-presented in good condition and all the units are currently tenanted and earning solid annual returns. The property offers a great income generating prospect with huge potential to increase revenue through renovation or further development (STCA).

- 2 x one-bed & 2 x two-bed apartments to be sold in one line
- all 4 units are currently tenanted and earning solid annual returns

- On-site parking includes four car spaces at the side of the building
- Potential to further update/renovate and increase rental yield
- Scope to explore development possibilities to fully capitalise (STCA)
- Easy access to Marrickville's bustling transport and dining hub
- Strolling distance to the Cooks River parklands and cycleways

Property History for 49 Harnett Ave, Marrickville, NSW 2204

A timeline of how this property has performed in the market
Last Sold
$2,425,000
09 Apr 2024
Listed for Rent
$310/w
23 Nov 2012
  • 09 Apr 2024
    Sold for $2,425,000
  • 02 Feb 2024
    Listed for Sale Not Disclosed
  • 05 Feb 2020
    Listed for Rent $400 / week
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About Marrickville 2204

The size of Marrickville is approximately 5.8 square kilometres. It has 23 parks covering nearly 10.8% of total area. The population of Marrickville in 2011 was 24,612 people. By 2016 the population was 26,571 showing a population growth of 8.0% in the area during that time. The predominant age group in Marrickville is 30-39 years. Households in Marrickville are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Marrickville work in a professional occupation. In 2011, 54.6% of the homes in Marrickville were owner-occupied compared with 51.2% in 2016.

Marrickville has 15,094 properties. Over the last 5 years, Houses in Marrickville have seen a 39.14% increase in median value, while Units have seen a 23.91% increase. As at 30 November 2024:

  • The median value for Houses in Marrickville is $2,050,024 while the median value for Units is $914,091.
  • Houses have a median rent of $890 while Units have a median rent of $650.
There are currently 27 properties listed for sale, and 100 properties listed for rent in Marrickville on OnTheHouse. According to CoreLogic's data, 531 properties were sold in the past 12 months in Marrickville.

Suburb Insights for Marrickville 2204

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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.