SOLD
Sold on 07 Feb 2024 for $565,000

4/8 Mcfarlane Street
Merrylands NSW 2160

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 70m2
Land area: 464m2
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Property Details for 4/8 Mcfarlane St, Merrylands

Building Type
Commercial
Floor Size
70m2
Land Size
464m2
Local Government
Cumberland
Lot/Plan
9/SP84614

Last Listing description (November 2023)

Opportunity to purchase an affordable Office in the Heart of Merrylands CBD
- Ideal for Owner Occupier or Investor
- strata office 73qm

- leased investment
- Extensive fit-out
- One parking space at rear
- CBD location
- Opposite Stockland Shopping mall
- Walk to railway
- Small boutique buildingwith development upside.
- Perfect SMSF investment.

Property Code: 463

Property History for 4/8 Mcfarlane St, Merrylands, NSW 2160

A timeline of how this property has performed in the market
Last Sold
$565,000
07 Feb 2024
Listed for Rent
07 Aug 2015
  • 07 Feb 2024
    Sold for $565,000
  • 17 Nov 2023
    Listed for Sale Expressions of Interest
  • 14 Jul 2023
    Listed for Sale Expressions of Interest
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About Merrylands 2160

The size of Merrylands is approximately 6.7 square kilometres. It has 44 parks covering nearly 8% of total area. The population of Merrylands in 2011 was 26,658 people. By 2016 the population was 29,647 showing a population growth of 11.2% in the area during that time. The predominant age group in Merrylands is 20-29 years. Households in Merrylands are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Merrylands work in a professional occupation. In 2011, 56.7% of the homes in Merrylands were owner-occupied compared with 51.6% in 2016.

Merrylands has 14,128 properties. Over the last 5 years, Houses in Merrylands have seen a 64.44% increase in median value, while Units have seen a 14.47% increase. As at 31 October 2024:

  • The median value for Houses in Merrylands is $1,331,618 while the median value for Units is $520,734.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 124 properties listed for sale, and 57 properties listed for rent in Merrylands on OnTheHouse. According to CoreLogic's data, 696 properties were sold in the past 12 months in Merrylands.

Suburb Insights for Merrylands 2160

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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.