SOLD
Sold on 29 Apr 2024 for $490,000

6/38-40 Memorial Avenue
Merrylands NSW 2160

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 71m2
Land area: 1165m2
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Property Details for 6/38-40 Memorial Ave, Merrylands

6/38-40 Memorial Ave, Merrylands is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2008. The property has a land size of 1165m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Merrylands in the last 12 months.

Building Type
Unit
Year Built
2008
Floor Size
71m2
Land Size
1165m2
Local Government
Cumberland
Lot/Plan
6/SP80950

Last Listing description (May 2013)

Boasting a bright north facing aspect is this private and very trendy first floor security apartment. Boasting a neat and modern gas kitchen with granite benches and stainless steel appliances, functional layout with air-conditioned living area, built-in robe and private balcony off the master suite, modern bathroom, internal laundry and security parking, there is nothing more to spend. Within walking distance to Merrylands shopping, Stockland Mall and Merrylands rail, this apartment is currently achieving excellent rental returns making it an ideal property investment.

* 2 bedrooms, main with private balcony

* Gas kitchen with stainless steel appliances
* Internal laundry
* Security undercover parking
* Walk to station and shopping
* Investors Note: Potential rental return $380 - $400 per week

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Property History for 6/38-40 Memorial Ave, Merrylands, NSW 2160

A timeline of how this property has performed in the market
Last Sold
$490,000
29 Apr 2024
  • 29 Apr 2024
    Sold for $490,000
  • 18 May 2013
    Sold for $355,000
  • 03 May 2013
    Listed for Sale $340,000 - $360,000
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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 14,131 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 123 properties listed for sale, and 62 properties listed for rent in Merrylands on OnTheHouse. According to CoreLogic's data, 684 properties were sold in the past 12 months in Merrylands.

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