SOLD
Sold on 25 Sep 2024 for $1,870,000

5/8 Avenue Of The Americas
Newington NSW 2127

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 152m2
Land area: 5128m2
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Property Details for 5/8 Avenue Of The Americas, Newington

Building Type
Commercial
Floor Size
152m2
Land Size
5128m2
Local Government
City Of Parramatta
Lot/Plan
3/SP69998

Last Listing description (March 2021)

The property is located at Newington, a suburb, next to Silverwater Industrial precinct in Sydney's Central West. Newington Technology Park is located on the Western side of Avenue Of The Americas. Its also adjacent to Newington Shopping Centre with a large Woolworths and major banks, such as, Westpac NAB, and several Cafes, Restaurants and a petrol service station.

Unit 5, Suite 1 is a well presented office suite with air conditioning, amenities and carpet throughout.

Excellent natural light which makes the office more inviting. situated within the Newington Business complex.

There are two car spaces available.

Property History for 5/8 Avenue Of The Americas, Newington, NSW 2127

A timeline of how this property has performed in the market
Last Sold
$1,870,000
25 Sep 2024
Listed for Rent
$634/w
21 Jan 2021
  • 25 Sep 2024
    Sold for $1,870,000
  • 11 Nov 2020
    Listed for Rent - Price not available
  • 23 Jun 2016
    Sold for $500,000
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About Newington 2127

The size of Newington is approximately 0.9 square kilometres. It has 5 parks covering nearly 6.2% of total area. The population of Newington in 2011 was 5,318 people. By 2016 the population was 5,805 showing a population growth of 9.2% in the area during that time. The predominant age group in Newington is 30-39 years. Households in Newington are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Newington work in a professional occupation. In 2011, 66.2% of the homes in Newington were owner-occupied compared with 67.7% in 2016.

Newington has 2,301 properties. Over the last 5 years, Houses in Newington have seen a 62.25% increase in median value, while Units have seen a 18.71% increase. As at 30 November 2024:

  • The median value for Houses in Newington is $1,815,946 while the median value for Units is $809,953.
  • Houses have a median rent of $980 while Units have a median rent of $700.
There are currently 14 properties listed for sale, and 18 properties listed for rent in Newington on OnTheHouse. According to CoreLogic's data, 95 properties were sold in the past 12 months in Newington.

Suburb Insights for Newington 2127

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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.