437 Cleveland StreetRedfern NSW 2016
Property Details for 437 Cleveland St, Redfern
437 Cleveland St, Redfern is a 5 bedroom, 2 bathroom Terrace with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 5 bedroom Terrace sold in Redfern in the last 12 months.
Last Listing description (March 2024)
Nestled at the northern edge of Redfern, adjacent to the vibrant Surry Hills, stands this sturdy double brick terrace, presenting an opportunity for immediate occupancy or investment, with the potential to transform into a splendid private residence just moments from the CBD. With the potential yield of $104,000 per annum or circa $2,000 per week, you can't go wrong with this purchase.
Spread across three levels, the tranquil interiors exude charm and space. A generously sized lounge/dining area, an inviting eat-in kitchen, and up to four bedrooms, including a spacious attic that could serve as a serene study, offer flexibility and comfort.
Property History for 437 Cleveland St, Redfern, NSW 2016
- 25 Mar 2024Sold for $1,830,000
- 07 Mar 2024Listed for Sale Sold
- 20 Oct 2021Listed for Rent $1,000 / week
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About Redfern 2016
The size of Redfern is approximately 1.2 square kilometres. It has 21 parks covering nearly 8.1% of total area. The population of Redfern in 2011 was 12,034 people. By 2016 the population was 13,218 showing a population growth of 9.8% in the area during that time. The predominant age group in Redfern is 20-29 years. Households in Redfern are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Redfern work in a professional occupation. In 2011, 38.2% of the homes in Redfern were owner-occupied compared with 33.5% in 2016.
Redfern has 7,984 properties. Over the last 5 years, Houses in Redfern have seen a 34.77% increase in median value, while Units have seen a 21.09% increase. As at 30 November 2024:
- The median value for Houses in Redfern is $2,100,640 while the median value for Units is $1,184,461.
- Houses have a median rent of $990 while Units have a median rent of $820.
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