OFF MARKET

12A/53-59 Balmoral Road
Northmead NSW 2152

Bedrooms: 3
Bathrooms: 2
Car spaces: -
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Last updated 11 Nov 2024
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Property Details for 12a/53-59 Balmoral Rd, Northmead

12a/53-59 Balmoral Rd, Northmead is a 3 bedroom, 2 bathroom Unit.

Building Type
Unit
Local Government
City Of Parramatta

Last Listing description (July 2022)

UNIQUE OPPORTUNITY PERFECT FOR INVESTMENT WITH ALMOST A 10% RETURN
2 BEDROOM APARTMENT + STUDIO

RENTAL RETURN CLOSE TO $700 PER WEEK

Enjoying a position within walking distance to Westmead Station, public transport, restaurants, shops, schools, hospital etc, this generous ground floor apartment promises a low maintenance lifestyle. Generous proportions flow throughout the bright apartment, with a large carpeted space offering a relaxed meal and living space in both the main and studio apartments. Caesar stone benchtops frame the kitchen which includes modern stainless-steel appliances such as dishwasher and gas cooktop in the 2-bedroom apartment. Split air con system is also included. Glass sliding doors open from the living space to a private, covered alfresco area perfect for catching the afternoon sun. A large kid friendly fully fenced balcony is another bonus.
Strata levy per quarter including building insurance is $686.72 approx.
The studio apartment has its own entrance both through the front foyer and offers its own tiled balcony area.
Both apartments have their own laundries, built-ins, and modern bathrooms.
Security intercom, secure parking & lock-up cage is available.

Property History for 12a/53-59 Balmoral Rd, Northmead, NSW 2152

A timeline of how this property has performed in the market
Listed for Rent
$260/w
08 Nov 2021
  • 18 Jul 2022
    Listed for Sale Sold
  • 09 Nov 2021
    Listed for Sale Dual Income - $660 Gross Return p/w
  • 08 Nov 2021
    Listed for Rent $260 / week
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About Northmead 2152

The size of Northmead is approximately 4.3 square kilometres. It has 26 parks covering nearly 19% of total area. The population of Northmead in 2011 was 10,223 people. By 2016 the population was 11,199 showing a population growth of 9.5% in the area during that time. The predominant age group in Northmead is 30-39 years. Households in Northmead are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Northmead work in a professional occupation. In 2011, 62.7% of the homes in Northmead were owner-occupied compared with 59.9% in 2016.

Northmead has 4,928 properties. Over the last 5 years, Houses in Northmead have seen a 73.36% increase in median value, while Units have seen a 8.48% increase. As at 31 October 2024:

  • The median value for Houses in Northmead is $1,616,253 while the median value for Units is $622,043.
  • Houses have a median rent of $700 while Units have a median rent of $600.
There are currently 25 properties listed for sale, and 26 properties listed for rent in Northmead on OnTheHouse. According to CoreLogic's data, 209 properties were sold in the past 12 months in Northmead.

Suburb Insights for Northmead 2152

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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.