225 Avoca StreetRandwick NSW 2031
Property Details for 225 Avoca St, Randwick
225 Avoca St, Randwick is a 0 bedroom, 0 bathroom House with 13 parking spaces and was built in 1971. The property has a land size of 592m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (August 2023)
Unique opportunity to secure this fantastic investment property.
Land area approximately 598sqm
Whole block comprising 6x2 bedrooms with balconies and 3x1 bedrooms.
2 x storerooms available for lease
1 x toilet for tradesmen
Rear lane access
Strategically located opposite POW Hospital, moments away from light rail and public transport, Randwick Shopping precinct, UNSW, The Spot and Coogee Beach.
Ideal long term investment or individual re-sale potential
Rental Information:
Unit 1 - $400 per week - Expires 22/04/22
Unit 2 - $545 per week - Expires 09/03/22
Unit 3 - $545 per week - Vacant
Unit 4 - $430 per week - Expires 01/05/22
Unit 5 - $545 per week - Expires 25/12/22
Unit 6 - $550 per week - Expires 07/09/22
Unit 7 - $420 per week - Expires 16/04/22
Unit 8 - $545 per week - Vacant
Unit 9 - $560 per week - Expires 02/10/22
Annual return $236,080 approximately with significant upside potential
Council $9,071.46 per annum
Water $2,253 per quarter
* Inspections are strictly by appointment only at anytime.
* The property is scheduled for auction on Thursday, 28th October 2021.
For more information, please contact Craig Pontey on 0419 40 40 40
Property History for 225 Avoca St, Randwick, NSW 2031
- 28 Oct 2021Sold for $8,300,000
- 30 Sep 2021Listed for Sale Auction
- 13 Aug 2021Listed for Rent $565 / week
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0About Randwick 2031
The size of Randwick is approximately 5.4 square kilometres. It has 25 parks covering nearly 20.6% of total area. The population of Randwick in 2011 was 27,740 people. By 2016 the population was 29,998 showing a population growth of 8.1% in the area during that time. The predominant age group in Randwick is 30-39 years. Households in Randwick are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Randwick work in a professional occupation. In 2011, 49.3% of the homes in Randwick were owner-occupied compared with 46.4% in 2016.
Randwick has 16,926 properties. Over the last 5 years, Houses in Randwick have seen a 52.73% increase in median value, while Units have seen a 31.04% increase. As at 31 October 2024:
- The median value for Houses in Randwick is $3,581,714 while the median value for Units is $1,226,595.
- Houses have a median rent of $1,000 while Units have a median rent of $825.
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