SOLD
Sold on 02 Jul 2024 for $5,100,000

56 Victoria Street
Mcmahons Point NSW 2060

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 526m2
Land area: 4928m2
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Property Details for 56 Victoria St, Mcmahons Point

Building Type
Commercial
Year Built
1962
Floor Size
526m2
Land Size
4928m2
Local Government
North Sydney
Lot/Plan
7/SP20530

Property History for 56 Victoria St, Mcmahons Point, NSW 2060

A timeline of how this property has performed in the market
Last Sold
$5,100,000
02 Jul 2024
  • 02 Jul 2024
    Sold for $5,100,000
  • 30 Nov 1995
    Sold for $810,000
  • 02 May 1989
    Sold for $960,000

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About Mcmahons Point 2060

The size of Mcmahons Point is approximately 0.4 square kilometres. It has 9 parks covering nearly 12.5% of total area. The population of Mcmahons Point in 2011 was 2,344 people. By 2016 the population was 2,284 showing a population decline of 2.6% in the area during that time. The predominant age group in Mcmahons Point is 30-39 years. Households in Mcmahons Point are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mcmahons Point work in a professional occupation. In 2011, 45.8% of the homes in Mcmahons Point were owner-occupied compared with 45.7% in 2016.

Mcmahons Point has 1,770 properties. Over the last 5 years, Houses in Mcmahons Point have seen a 29.87% increase in median value, while Units have seen a 26.52% increase. As at 31 October 2024:

  • The median value for Houses in Mcmahons Point is $3,997,045 while the median value for Units is $1,535,538.
  • Houses have a median rent of $1,270 while Units have a median rent of $700.
There are currently 4 properties listed for sale, and 10 properties listed for rent in Mcmahons point on OnTheHouse. According to CoreLogic's data, 56 properties were sold in the past 12 months in Mcmahons point.

Suburb Insights for Mcmahons Point 2060

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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.