SOLD
Sold on 25 Oct 2024 for $1

506 Bunnerong Road
Matraville NSW 2036

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 380m2
Land area: 417m2
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Property Details for 506 Bunnerong Rd, Matraville

Building Type
Commercial
Floor Size
380m2
Land Size
417m2
Local Government
Randwick
Lot/Plan
5/DP236131

Last Listing description (July 2015)

Situated in the heart of the growing Matraville retail area, is this large 220m2 shop.

The ground floor commercial/retail shop, is carpeted ducted air conditioned with rear lane access.
* Located opposite the new WOOLWORTHS, this shop represents excellent value.

* The opportunity is there for you to establish in the growing Matraville retail area.
* Former Westpac Bank premises & The owners are keen to lease it.

DETAILS: GEOFF GILLES 0412 254719

Property History for 506 Bunnerong Rd, Matraville, NSW 2036

A timeline of how this property has performed in the market
Last Sold
$1
25 Oct 2024
  • 25 Oct 2024
    Sold for $1
  • 04 Nov 2014
    Listed for Rent $60,000 / year
  • 30 Jun 2000
    Sold for $640,000

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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.