SOLD
Sold on 27 Mar 2024 for $800,000

5/20 Somerset Avenue
Narellan NSW 2567

Bedrooms: -
Bathrooms: -
Car spaces: -
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Property Details for 5/20 Somerset Ave, Narellan

Building Type
Commercial
Local Government
Camden
Lot/Plan
5/SP68435

Last Listing description (November 2023)

Size 102 m2
Ground floor
Currently Tenanted - Retail

Front Security Roller Door
Ducted Air Conditioning
Internal toilet
Rear Window
Strata Building -Quarterly Levies
Adjacent to Narellan Town Centre/Big W/Kmart/Woolworths
Car Spaces Available





Disclaimer: All information contained herein is gathered from sources we deemed or believed to be reliable. Camden Valley Property Group Pty Ltd trading as Camden Valley Property does not warrant the accuracy of the information, and interested persons should rely wholly on their own enquiries.

Property History for 5/20 Somerset Ave, Narellan, NSW 2567

A timeline of how this property has performed in the market
Last Sold
$800,000
27 Mar 2024
Listed for Rent
08 May 2017
  • 27 Mar 2024
    Sold for $800,000
  • 01 Nov 2023
    Listed for Sale EXPRESSIONS OF INTEREST-CONTACT AGENT
  • 03 Feb 2017
    Listed for Rent $2,600 / year
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About Narellan 2567

The size of Narellan is approximately 3.9 square kilometres. It has 13 parks covering nearly 27% of total area. The population of Narellan in 2011 was 3,493 people. By 2016 the population was 3,616 showing a population growth of 3.5% in the area during that time. The predominant age group in Narellan is 20-29 years. Households in Narellan are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narellan work in a trades occupation. In 2011, 70.3% of the homes in Narellan were owner-occupied compared with 65.6% in 2016.

Narellan has 1,946 properties. Over the last 5 years, Houses in Narellan have seen a 62.12% increase in median value, while Units have seen a 60.23% increase. As at 31 August 2024:

  • The median value for Houses in Narellan is $993,532 while the median value for Units is $724,719.
  • Houses have a median rent of $620 while Units have a median rent of $530.
There are currently 9 properties listed for sale, and 7 properties listed for rent in Narellan on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in Narellan.

Suburb Insights for Narellan 2567

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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.