OFF MARKET

Barina Downs Road
Norwest NSW 2153

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 91m2
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Last updated 30 Sep 2024
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Property Details for 117/40-52 Barina Downs Rd, Norwest

117/40-52 Barina Downs Rd, Norwest is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2012. The property has a floor size of 91m2.

Building Type
Unit
Year Built
2012
Floor Size
91m2
Local Government
Upper Lachlan Shire

Last Listing description (October 2023)

Welcome to the epitome of modern living at the heart of Norwest, where elegance, convenience, and dual income potential seamlessly merge. This exceptional property presents a unique opportunity for investors or homeowners seeking an upscale lifestyle combined with a rewarding investment venture.

Enjoy the benefits of two fully self-contained apartments under one roof. This property is perfectly designed to accommodate two separate tenants, providing endless possibilities. Benefit from the potential to rent out one unit while occupying the other, or lease both for maximum returns.

117A Rental Return: $490.00 Per Week

117B Rental Return: $450.00 Per Week

Total Rental Return: $940.00 Per Week

Nestled in the prestigious suburb of Norwest, this apartment boasts a coveted address. Take advantage of being in close proximity to Norwest Business Park, renowned schools, vibrant shopping precincts, serene parklands, and excellent transport links. Everything you need is at your doorstep.

Whether you are an investor looking to maximize your rental returns or a homeowner seeking a flexible living arrangement, this dual income apartment is an unrivaled opportunity. Experience the height of luxury, convenience, and income potential in Norwest.

Property History for 117/40-52 Barina Downs Rd, Norwest, NSW 2153

A timeline of how this property has performed in the market
  • 09 Aug 2023
    Listed for Sale Open Home Cancelled

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About Norwest 2153

The size of Norwest is approximately 13.7 square kilometres. It has 52 parks covering nearly 14.7% of total area. The population of Norwest in 2011 was 33,945 people. By 2016 the population was 37,066 showing a population growth of 9.2% in the area during that time. The predominant age group in Norwest is 40-49 years. Households in Norwest are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Norwest work in a professional occupation. In 2011, 82% of the homes in Norwest were owner-occupied compared with 77.5% in 2016.

Norwest has 3,621 properties. Over the last 5 years, Houses in Norwest have seen a 40.37% increase in median value, while Units have seen a 22.61% increase. As at 31 August 2024:

  • The median value for Houses in Norwest is $1,828,009 while the median value for Units is $977,823.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 40 properties listed for sale, and 11 properties listed for rent in Norwest on OnTheHouse. According to CoreLogic's data, 182 properties were sold in the past 12 months in Norwest.

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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.