45/53-59 Balmoral Rd, Northmead is a 3 bedroom, 2 bathroom Unit with 4 parking spaces and was built in 2011. The property has a land size of 252m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in November 2019.
We are proud to offer this modern apartment to eligible essential workers at up to 20% off market rent as part of an Affordable Rental Housing Program brought to you by Aware Super.
Features include:
- Ground floor with a good size balcony/court yard
Located a short walk from East Village Shopping Centre, Green Square Town Centre and Dank Street precinct. Green Square train station is approximately 1.2km or a 15min walk.
Eligibility criteria:
- Applicants must be employed as a essential worker in frontline services
- Essential workers who may be eligible are people who work in essential industries such as aged care, health care, education, emergency services, law enforcement and childcare.
- Applicants must not own property that can solve their immediate housing need
- Must not earn more than the following income limits:
Single Adult $93,555
Sole Parent + 1 Child $121,680
Sole Parent + 2 Children $149,805
Sole Parent + 3 Children $177,930
Sole Parent + 4 Children $206,055
Couple (Two Adults) $140,333
Couple + 1 Child $168,458
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 4,946 properties. Over the last 5 years, Houses in Northmead have seen a 81.20% increase in median value, while Units have seen a 8.24% increase. As at 31 August 2024:
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