OFF MARKET

13/53-59 Balmoral Road
Northmead NSW 2152

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 103m2
Land area: 158m2
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Property Details for 13/53-59 Balmoral Rd, Northmead

13/53-59 Balmoral Rd, Northmead is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2011. The property has a land size of 158m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
2011
Floor Size
103m2
Land Size
158m2
Local Government
City Of Parramatta
Lot/Plan
13/SP85191

Last Listing description (March 2023)

Investors look no further; this apartment offers a fantastic return and would make a worthy addition to any investment portfolio. The layout is configured as a spacious two-bedroom, one-bathroom unit and a private studio apartment with a potential combined gross rent of $760 per week.

2 Bedroom Apartment:

Large bedrooms both with built-in robes

Modern kitchen with stone bench tops, tile splash back and stainless-steel appliances with gas cook-top
Open plan living and dining area featuring split-system A/C with access to a great sized balcony
Entire apartment has been freshly painted and living and bedrooms have been updated with new laminate floor
Floor to ceiling tiling to the bathroom which includes an internal laundry
Secure basement parking for 2 cars
Based on current market, potential rental return of $460 per week

Self-Contained Studio Apartment:

Large bedroom with built-in robe, ensuite and balcony
Kitchenette and internal laundry
Currently leased at $300 per week

This must-see property is set in one of Northmead's most sought-after locations close to shops, Westmead Hospital, schools and the Parramatta CBD. Easy links to public transport, the M2, M4 and M7 adds convenience.

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Property History for 13/53-59 Balmoral Rd, Northmead, NSW 2152

A timeline of how this property has performed in the market
Last Sold
$666,000
24 Feb 2023
Listed for Rent
$410/w
29 Nov 2021
  • 24 Feb 2023
    Sold for $666,000
  • 30 Jan 2023
    Listed for Sale $680,000 -$700,000
  • 18 Nov 2021
    Listed for Rent $410 / 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 4,929 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 24 properties listed for sale, and 27 properties listed for rent in Northmead on OnTheHouse. According to CoreLogic's data, 209 properties were sold in the past 12 months in Northmead.

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