16/2 Bayton St, Oxley Park is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 2370000m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Unit sold in Oxley Park in the last 12 months.
This spacious 3 bedroom townhouse is tucked away in a private location, yet only a short walk to great schools , local shopping and transport links to regional, long term employment growth areas such as Erskine Park, Eastern Creek and the highly anticipated corridor from St Marys to the new Airport precent.
What we love;
* 3 good size bedrooms with built-ins to all and a rare private balcony off the main bedroom overlooking some tranquil local parkland.
You may be thinking "Wow Darren, that seems like a fantastic price for such a great townhouse! What's the catch?"
Well, if vacant it may need a fresh coat of paint and flooring. It's been leased since new and with no vacancy (Investors take note!) the landlord has never had the opportunity to do it.
However, we think it presents an awesome opportunity to buy a really good townhouse with a house size yard at a price less than people buy apartments for. A smart in investor could freshen it up later on if it became vacant and get the benefit of the increase in value this created. A handy buyer may paint it themselves, new carpet... be out the back yard in no time cooking a BBQ whilst bragging to their friends about how smart they are.
The size of Oxley Park is approximately 1.2 square kilometres. It has 6 parks covering nearly 7% of total area. The population of Oxley Park in 2011 was 2,924 people. By 2016 the population was 3,091 showing a population growth of 5.7% in the area during that time. The predominant age group in Oxley Park is 20-29 years. Households in Oxley Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oxley Park work in a clerical occupation. In 2011, 62.4% of the homes in Oxley Park were owner-occupied compared with 55.2% in 2016.
Oxley Park has 1,759 properties. Over the last 5 years, Houses in Oxley Park have seen a 63.16% increase in median value, while Units have seen a 52.51% increase. As at 31 October 2024:
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