16A/53-59 Balmoral RoadNorthmead NSW 2152
Property Details for 16a/53-59 Balmoral Rd, Northmead
16a/53-59 Balmoral Rd, Northmead is a 3 bedroom, 2 bathroom Unit with 2 parking spaces.
Last Listing description (August 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 $870 per week.
2 Bedroom Apartment:
Large bedrooms both with built-in robes
Open plan living and dining area featuring split-system A/C with access to a great sized front courtyard (partially covered)
Entire apartment has been freshly painted with brand new laminate flooring throughout
Floor to ceiling tiled bathroom which includes an internal laundry
Basement parking for 2 cars
Good size rear courtyard- fully tiled
Based on current market, potential rental return of $500-520 per week
Self-Contained Studio Apartment:
Large bedroom with built-in robe, ensuite and balcony
Kitchenette and internal laundry
Currently leased at $320 per week (could potentially get $350)
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.
Property History for 16a/53-59 Balmoral Rd, Northmead, NSW 2152
- 07 Jun 2023Listed for Sale $725,000
- 05 Oct 2022Listed for Rent $320 / week
Commute Calculator
Recent sales nearby
See more recent sales nearby
0
0
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About 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.
Suburb Insights for Northmead 2152
Market Insights
Northmead Trends for Houses
N/A
N/A
View TrendN/A
N/A
Northmead Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
