706/71 Belmore RoadRandwick NSW 2031
Property Details for 706/71 Belmore Rd, Randwick
706/71 Belmore Rd, Randwick is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 31m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 1 bedroom Unit sold in Randwick in the last 12 months.
Last Listing description (April 2024)
Nestled in the bustling heart of Randwick's vibrant urban landscape, this contemporary studio apartment presents an extraordinary opportunity for investors, owner-occupants, or individuals eager to diversify their SMSF portfolio. Boasting a prime location, this studio apartment not only offers the perfect blend of modern living but also captures breathtaking panoramic views of the eastern suburb's coastline, immersing residents in the coastal charm of the Eastern Suburbs. Randwick Shopping Centre at your doorstep is a key retail destination that caters to a wide range of shopping needs. Boasting a diverse mix of stores, from cafes and eateries to groceries and boutique shops, its central location makes it a convenient and vibrant destination for all your shopping and dining needs.
What's important to you?
- Perfect opportunity for the investor generating 7% return
- Versatile Studio combines bedroom, living & dining space.
- Full bathroom, internal laundry & an outdoor clothesline
- Galley kitchen featuring an electric cooktop & oven
- Recreational room with Pool table & Tennis Table Facilities
- Security Building with lift access via intercom system
The Locals Point of view
- Randwick's loved for its dining, shops, and access to the beaches
- Its central setting is surrounded by famous Sydney parks & gardens
- Its mere footsteps to the public transport including Light rail & Buss
- Easy to stroll to Centennial Park, UNSW & Royal Randwick shopping
- Frock up & enjoy the races being walking distance to the racecourse
- The kids can walk to nearby Randwick Public and Emanuel School
Property History for 706/71 Belmore Rd, Randwick, NSW 2031
- 15 Dec 2023Sold for $450,000
- 15 Nov 2023Listed for Sale SOLD $450,000
- 16 Apr 2015Listed for Rent $400 / week
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Recent sales nearby
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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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