SOLD
Sold on 16 Oct 2023 for $450,000

8/56-58 Neil Street
Merrylands NSW 2160

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 73m2
Land area: 1394m2
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Property Details for 8/56-58 Neil St, Merrylands

8/56-58 Neil St, Merrylands is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 1394m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Unit sold in Merrylands in the last 12 months.

Building Type
Unit
Year Built
1999
Floor Size
73m2
Land Size
1394m2
Local Government
Cumberland
Lot/Plan
8/SP60248

Last Listing description (December 2023)

This well positioned 2 bedroom apartment with a bright living & dining area. Featuring two spacious bedrooms, both with built in mirrored wardrobes, a full bathroom and internal laundry. Located within a secure complex in a fantastic location, just a short walk to Stockland Mall and Merrylands station.

- 2 large bedrooms both with built wardrobes
- Ensuite to master bedroom

- Open plan lounge and dining area
- Modern kitchen with gas cooktop
- Generous size balcony
- Split system air conditioning
- Secure intercom
- Single lock up garage in secure parking
- Current rented at $400 per week.
- Current market rent is $460 a week.
- total size 103m2

- Strata $984 per qty approx.
- Council $315 per qty approx.
- Water $180 per qty approx.

Call Roger Kuo 0401 136 315 Steve Krnjulac for an inspection 0417 232 320

Property History for 8/56-58 Neil St, Merrylands, NSW 2160

A timeline of how this property has performed in the market
Last Sold
$450,000
16 Oct 2023
Listed for Rent
$440/w
30 Dec 2016
  • 16 Oct 2023
    Sold for $450,000
  • 11 Sep 2023
    Listed for Sale $460,000 to $480,000
  • 13 Dec 2016
    Listed for Rent $450 / week
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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 14,133 properties. Over the last 5 years, Houses in Merrylands have seen a 60.11% increase in median value, while Units have seen a 12.91% increase. As at 31 July 2024:

  • The median value for Houses in Merrylands is $1,262,093 while the median value for Units is $508,754.
  • Houses have a median rent of $750 while Units have a median rent of $520.
There are currently 107 properties listed for sale, and 43 properties listed for rent in Merrylands on OnTheHouse. According to CoreLogic's data, 735 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.