SOLD
Sold on 08 Mar 2024 for $360,000

7/24 Military Road
Merrylands NSW 2160

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 1261m2
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Property Details for 7/24 Military Rd, Merrylands

7/24 Military Rd, Merrylands is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1968. The property has a land size of 1261m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Merrylands in the last 12 months.

Building Type
Unit
Year Built
1968
Floor Size
60m2
Land Size
1261m2
Local Government
Cumberland
Lot/Plan
7/SP3627

Last Listing description (June 2024)

Welcome to a charming 2-bedroom unit nestled in the sought-after suburb of Merrylands, NSW 2160. This front-facing apartment is an ideal opportunity for both astute investors and first-time homebuyers, offering incredible value in an unbeatable location.

Key Features:

Front-facing unit on the top floor, providing a bright and airy atmosphere.

Upstairs unit for added privacy and tranquility.
Immaculate carpeting throughout for comfort and warmth.
Single carport for secure parking.
Shared laundry facilities for convenience.
Modern Kitchen
Welcoming front verandah to enjoy the surrounding views.
Original bathroom with character and charm.
East-facing for lovely morning sunlight.

Prime Location:
Situated in the heart of Merrylands, this property boasts an enviable location with a 5-minute walk to the station and nearby shops. Enjoy the convenience of seamless connectivity to transportation hubs and a variety of amenities at your doorstep.

Investor's Delight or First Home Oasis:
Whether you're an investor seeking a promising rental opportunity or a first-time homebuyer looking for the perfect place to call your own, this unit caters to your needs. With a reliable long-term tenant (lease expiry in March 2024), the property offers a strong rental history for investors. For first-home buyers, it's an excellent chance to secure an affordable and comfortable abode.

Price Guide:
Priced competitively between $390,000 and $420,000, this unit represents an excellent value proposition in the Merrylands market. Don't miss the chance to make this fantastic property your own!

Open Home:
Join us for an Open Home on Saturdays at 10 am to experience the charm and warmth of this front-facing top-floor unit firsthand.

Act Now - Your Merrylands Oasis Awaits!
Contact John Manaras on 0430 299 288 to schedule a private viewing or visit our Open Home this Saturday.

Strata: $980 per quarter

Disclaimer:
All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy; however, we cannot guarantee it. All interested parties should make and rely upon their own enquiries.

Property History for 7/24 Military Rd, Merrylands, NSW 2160

A timeline of how this property has performed in the market
Last Sold
$360,000
08 Mar 2024
  • 08 Mar 2024
    Sold for $360,000
  • 16 Jan 2024
    Listed for Sale Price Guide $360,000 - $390,000
  • 20 Apr 1990
    Sold for $94,000

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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 14,143 properties. Over the last 5 years, Houses in Merrylands have seen a 61.77% increase in median value, while Units have seen a 14.96% increase. As at 31 August 2024:

  • The median value for Houses in Merrylands is $1,296,246 while the median value for Units is $521,996.
  • Houses have a median rent of $700 while Units have a median rent of $520.
There are currently 108 properties listed for sale, and 52 properties listed for rent in Merrylands on OnTheHouse. According to CoreLogic's data, 726 properties were sold in the past 12 months in Merrylands.

Suburb Insights for Merrylands 2160

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Show contact details
Cumberland Realty Group
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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.