OFF MARKET

40 Australia Avenue
Matraville NSW 2036

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 489m2
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Property Details for 40 Australia Ave, Matraville

40 Australia Ave, Matraville is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 489m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
House
Land Size
489m2
Local Government
Randwick
Lot/Plan
11/DP15697

Last Listing description (June 2020)

Set on a substantial 488sqm level block in a peaceful community-minded street, this solid freestanding home presents an outstanding opportunity for families wishing to move into the area. Enjoying a prized north to rear aspect and flooded with natural light, it features an original layout with separate lounge/dining areas opening to a sunny covered verandah and deep child-friendly backyard. There is a neat kitchen and an original full sized bathroom, while accommodation comprises three well proportioned bedrooms. A highlight is the separate self-contained dwelling, perfect for guest accommodation or as a teenage retreat, while presenting potential for extra passive income. Additional features include air conditioning, high ceilings and brand new carpet as well as a lock-up garage and storage shed. Although immediately liveable as is, it presents exciting potential to renovate/modernise or enhance further over time if desired. It enjoys close proximity to a variety of parks and playing fields, buses and schools, while moments to Westfield Eastgardens, leisure centres and beaches.

- Original layout with separate lounge/dining bathed in light
- Neat kitchen, original full bathroom, internal laundry

- Sunlit covered verandah, north facing child-friendly backyard
- Separate self-contained dwelling with potential (STCA)
- Well sized bedrooms enhanced by polished timber floors
- Brand new carpet, high ceilings, a/c, storage shed, LUG
- Immediately liveable w/ scope to enhance over time (STCA)
- Close to a myriad of parks, schools, beaches, shops, buses

Property History for 40 Australia Ave, Matraville, NSW 2036

A timeline of how this property has performed in the market
Last Sold
$1,500,000
29 May 2020
  • 29 May 2020
    Sold for $1,500,000
  • 13 May 2020
    Listed for Sale Auction
  • 18 Jan 2018
    Sold

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About Matraville 2036

The size of Matraville is approximately 3.6 square kilometres. It has 13 parks covering nearly 4.3% of total area. The population of Matraville in 2011 was 9,039 people. By 2016 the population was 9,795 showing a population growth of 8.4% in the area during that time. The predominant age group in Matraville is 40-49 years. Households in Matraville are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Matraville work in a professional occupation. In 2011, 64.8% of the homes in Matraville were owner-occupied compared with 62.5% in 2016.

Matraville has 4,586 properties. Over the last 5 years, Houses in Matraville have seen a 65.58% increase in median value, while Units have seen a 24.68% increase. As at 30 September 2024:

  • The median value for Houses in Matraville is $2,550,858 while the median value for Units is $1,037,920.
  • Houses have a median rent of $1,350 while Units have a median rent of $750.
There are currently 22 properties listed for sale, and 11 properties listed for rent in Matraville on OnTheHouse. According to CoreLogic's data, 177 properties were sold in the past 12 months in Matraville.

Suburb Insights for Matraville 2036

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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.