SOLD
Sold on 10 Apr 2024 for $887,530

505/87 Railway Parade
Mortdale NSW 2223

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 104m2
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Property Details for 505/87 Railway Pde, Mortdale

505/87 Railway Pde, Mortdale is a 2 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 104m2. 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 Mortdale in the last 12 months.

Building Type
Unit
Land Size
104m2
Local Government
Georges River
Lot/Plan
38/SP102648

Last Listing description (May 2024)

Located in one of the most sought after apartment complexes in this area, this top floor unit has a lovely open floor plan and takes in the wonderful views over the surrounding district. This unit is beautifully presented and is ready for a new owner to move straight in, or rent out. With easy access to Mortdale railway station and the vibrant Mortdale restaurant and shopping strip, this is a great place to live. Bathed in morning sunlight, this unit has a lovely warm feel that is enhanced by the timber flooring in the living area and kitchen, while the two split system a/c units and remote controlled "Velux" opening skylight add to the comfort level for residents.
Don't let this opportunity pass you by, because this is a very rare offering.

Spacious, 2 bedroom apartment in boutique, security complex

Main bedroom includes large built-in robe, ensuite and access to the balcony
Open plan lounge-dining room with lovely outlook & timber floors
Kitchen features stone bench tops & gas cook top
Large balcony & expansive district views
Main bathroom includes bathtub & shower
Short walk to Mortdale railway station, buses, shops & cafes.
Security complex with elevator
Large, common rooftop entertaining & BBQ area
2 secure car parking spaces and 2 storage cages
Close to Mortdale Public School, Marist College Penshurst, Georges River Campus & GRC Penshurst Girls Campus
Strata fees approx $733 p/q, council rates approx $393 p/q
Potential rental return $750 per week
Unit approx 104sqm, plus 26sqm for parking spaces & 5sqm for storage cages.

Property History for 505/87 Railway Pde, Mortdale, NSW 2223

A timeline of how this property has performed in the market
Last Sold
$887,530
10 Apr 2024
  • 10 Apr 2024
    Sold for $887,530
  • 20 Mar 2024
    Listed for Sale FOR SALE
  • 08 Apr 2021
    Sold for $820,000

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About Mortdale 2223

The size of Mortdale is approximately 2.9 square kilometres. It has 17 parks covering nearly 22.5% of total area. The population of Mortdale in 2011 was 9,701 people. By 2016 the population was 10,425 showing a population growth of 7.5% in the area during that time. The predominant age group in Mortdale is 30-39 years. Households in Mortdale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mortdale work in a professional occupation. In 2011, 64.9% of the homes in Mortdale were owner-occupied compared with 62.4% in 2016.

Mortdale has 5,447 properties. Over the last 5 years, Houses in Mortdale have seen a 53.75% increase in median value, while Units have seen a 17.89% increase. As at 31 October 2024:

  • The median value for Houses in Mortdale is $1,739,830 while the median value for Units is $712,129.
  • Houses have a median rent of $750 while Units have a median rent of $580.
There are currently 15 properties listed for sale, and 16 properties listed for rent in Mortdale on OnTheHouse. According to CoreLogic's data, 196 properties were sold in the past 12 months in Mortdale.

Suburb Insights for Mortdale 2223

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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.