SOLD
Sold on 05 Feb 2024 for $525,000

4/14-16 Paton Street
Merrylands West NSW 2160

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 1395m2
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Property Details for 4/14-16 Paton St, Merrylands West

4/14-16 Paton St, Merrylands West is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 1395m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Unit sold in Merrylands West in the last 12 months.

Building Type
Unit
Year Built
1998
Floor Size
82m2
Land Size
1395m2
Local Government
Cumberland
Lot/Plan
4/SP58254

Last Listing description (June 2024)

Set on the top floor of a well-maintained building, this streamlined apartment unveils a spacious open-concept design with three bedrooms and a private north-facing balcony. Its chic interiors channel a minimalist aesthetic with timber floors, neutral tones, abundant sunlight and elevated leafy views. The readymade property is placed for a lifestyle of convenience and is set within 1.1km of IGA Merrylands, local cafes, gymnasiums and transport.

- Elevated leafy views and polished timber floors enhance the lounge/dining zone - Effortless in/outdoor flow to a sunny north-facing balcony, ideal for unwinding/relaxing

- Modern kitchen features a subway tile splashback with stainless steel appliances - Three good-sized bedrooms have carpet flooring, 2 with wardrobes, neutral tones and high ceilings

- Stylish and good sized updated bathroom with floor-to-ceiling tile, separate bath and shower

- Air-conditioning provided for year-round climate control, internal laundry facility with second toilet

- Established building with landscaped gardens, secure intercom access and garage

- Readymade first home or a great investment option with scope to add personal touches

- Promising portfolio addition perfect for an astute investor, high-growth location - Situated within 2.3km of Merrylands Station, major shopping and quality schools

Approximate Quarterly Outgoings:
Strata: $885
Water: $180
Council: $346

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Property History for 4/14-16 Paton St, Merrylands West, NSW 2160

A timeline of how this property has performed in the market
Last Sold
$525,000
05 Feb 2024
Listed for Rent
$500/w
08 Mar 2023
  • 05 Feb 2024
    Sold for $525,000
  • 30 Nov 2023
    Listed for Sale Buyers Guide $500,000 - $539,000
  • 16 Feb 2023
    Listed for Rent - Price not available
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About Merrylands West 2160

The size of Merrylands West is approximately 1.7 square kilometres. It has 14 parks covering nearly 15.9% of total area. The population of Merrylands West in 2011 was 6,187 people. By 2016 the population was 6,584 showing a population growth of 6.4% in the area during that time. The predominant age group in Merrylands West is 20-29 years. Households in Merrylands West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Merrylands West work in a trades occupation. In 2011, 57.7% of the homes in Merrylands West were owner-occupied compared with 53.5% in 2016.

Merrylands West has 2,783 properties. Over the last 5 years, Houses in Merrylands West have seen a 59.64% increase in median value, while Units have seen a 8.48% increase. As at 31 October 2024:

  • The median value for Houses in Merrylands West is $1,202,268 while the median value for Units is $479,070.
  • Houses have a median rent of $750 while Units have a median rent of $510.
There are currently 10 properties listed for sale, and 9 properties listed for rent in Merrylands west on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Merrylands west.

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