SOLD
Sold on 22 Feb 2024 for $607,000

16/2 Bayton Street
Oxley Park NSW 2760

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 126m2
Land area: 2370000m2
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Property Details for 16/2 Bayton St, Oxley Park

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.

Building Type
Unit
Year Built
1995
Floor Size
126m2
Land Size
2370000m2
Local Government
Penrith
Lot/Plan
16/SP51332

Last Listing description (May 2024)

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.

* The rear yard - it's massive and wraps around the townhouse providing privacy and plenty of space for a bbq, a spot of gardening or perhaps an outdoor undercover area - subject to approval.
* Generously sized kitchen with access through to the laundry and single lock up-garage.
* Separate lounge and dining area opening to the undercover rear verandah.
* The lovely tenants who have been there for 14 years.
* Located close to local shopping as well as the larger centres in St Marys and Mt Druitt, with Penrith only a short drive or a couple of train stops away.
* The strata levies - at $650 per quarter that's reasonable compared to most and with only 17 townhouses the complex itself has a roomy feel to it and is well looked after.
* Green spaces - Surrounded by ovals, parklands and other green spaces.(refer to aerial photos)

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.

Property History for 16/2 Bayton St, Oxley Park, NSW 2760

A timeline of how this property has performed in the market
Last Sold
$607,000
22 Feb 2024
Listed for Rent
$330/w
27 Mar 2015
  • 22 Feb 2024
    Sold for $607,000
  • 25 Jan 2024
    Listed for Sale Under Contract
  • 27 Mar 2015
    Listed for Rent $330 / week
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About Oxley Park 2760

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:

  • The median value for Houses in Oxley Park is $958,682 while the median value for Units is $713,213.
  • Houses have a median rent of $550 while Units have a median rent of $588.
There are currently 28 properties listed for sale, and 14 properties listed for rent in Oxley park on OnTheHouse. According to CoreLogic's data, 113 properties were sold in the past 12 months in Oxley park.

Suburb Insights for Oxley Park 2760

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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.