SOLD
Sold on 22 Apr 2024 for $650,000

5/532 Bunnerong Road
Matraville NSW 2036

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 56m2
Land area: 248m2
Sold By
Oxford Agency Darlinghurst
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Property Details for 5/532 Bunnerong Rd, Matraville

Building Type
Commercial
Year Built
2001
Floor Size
56m2
Land Size
248m2
Local Government
Randwick
Lot/Plan
5/SP66731

Last Listing description (June 2024)

This ground floor retail premises located in the heart of Matraville offers an exceptional opportunity to enter this thriving South Eastern precinct. Suitable for Retail, Medical, Offices, Coffee Shop, Bakery etc. The property presents as a blank canvas to transform and capitalise.

Neighbouring Peninsula Village, local eateries, boutique shops and several schools, this ideally positioned property is within a short drive to La Perouse Beach, Sydney Airport, and the Port of Botany.

Property Highlights:
- 90sqm approx. internal area
- B2 Local Centre Zoning
- 10.4m frontage
- Offered with vacant possession
- Existing F&B retail shop
- Excellent street presence
- Currently includes, cool room, grease trap and exhaust

Property History for 5/532 Bunnerong Rd, Matraville, NSW 2036

A timeline of how this property has performed in the market
Last Sold
$650,000
22 Apr 2024
  • 22 Apr 2024
    Sold for $650,000
  • 16 Feb 2023
    Listed for Sale Offers over $700,000
  • 25 Jul 2001
    Sold for $260,000

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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 4,626 properties. Over the last 5 years, Houses in Matraville have seen a 53.89% increase in median value, while Units have seen a 20.47% increase. As at 30 November 2024:

  • The median value for Houses in Matraville is $2,460,833 while the median value for Units is $1,018,565.
  • Houses have a median rent of $1,300 while Units have a median rent of $750.
There are currently 14 properties listed for sale, and 6 properties listed for rent in Matraville on OnTheHouse. According to CoreLogic's data, 164 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.