590 Bunnerong Rd, Matraville is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 453m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Available for the first time in 24 years, discover under-capitalised potential with plentiful scope to extend or add a second level (STCA). With only ever two families in ownership since it was built in the 1950s, the classic freestanding family home is set well back from the street on a prime level block presenting an exceptional opportunity in one of the inner-easts fastest growing hotspots. A spacious layout, solid double-brick build and highly adaptable floorplan present the ideal foundations for renovation with the bonus of a self-contained studio at the rear ideal as a teen retreat or granny flat. Perfect for those looking for space and potential in a suburb on the rise, the double-fronted home is on the edge of Matraville and within easy reach of the surf at Maroubra Beach and the sheltered waters of Malabar Beach and just 10km to the CBD.
A light and spacious family home with a bright future
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 4,594 properties. Over the last 5 years, Houses in Matraville have seen a 63.81% increase in median value, while Units have seen a 19.86% increase. As at 31 October 2024:
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