511/71 Belmore RoadRandwick NSW 2031
Property Details for 511/71 Belmore Rd, Randwick
511/71 Belmore Rd, Randwick is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 32m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Randwick in the last 12 months.
Last Listing description (March 2024)
Astute investors and SMSF's take note! In the heart of Randwick Junction, this serviced studio apartment offers a unique chance for the astute investor or SMSF's.
Fantastic investment with a current periodic lease agreement, returning $23,400 P.A.
Features:
* Open concept layout with fold out wall bed
* Good size balcony offering views of the Sydney CBD Skyline
* Contemporary bathroom, convenient laundry plus split system air-con
* Lift Accessible & Security building
Property History for 511/71 Belmore Rd, Randwick, NSW 2031
- 01 Mar 2024Sold for $455,000
- 06 Sep 2023Listed for Sale FOR SALE | Contact Agent
- 30 Nov 2020Listed for Rent $345 / week
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About 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 16,925 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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