670 Twelfth AvenueRossmore NSW 2557
Property Details for 670 Twelfth Ave, Rossmore
Last Listing description (August 2024)
With direct exposure to the growth corridor, moments to the new Western Sydney Airport & other infrastructure projects supporting the booming population will almost certainly make this property a tremendous investment!
Set on approximately 9.1 acres of prime land this fantastic opportunity provides an astute investor, developer or home occupier untapped future potential within the Rossmore Precinct earmarked for future rezoning as part of the Western Sydney Airport development.
There are substantial infrastructure projects continuing all around as part of the proposed Aerotropolis with a direct link to the future proposed Bradfield City as well as railway extensions, planned Fifteenth Ave Smart Transit corridor & major road & freeway upgrades such as the M12 linking the M7 to the airport.
In addition there are three dwellings on the property & are currently leased to 3 tenants with a combined rental income of $1,190 per week.
Property History for 670 Twelfth Ave, Rossmore, NSW 2557
- 19 Aug 2024Sold
- 12 Jun 2024Listed for Rent $580 / week
- 24 May 2024Listed for Sale $5,200,000
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About Rossmore 2557
The size of Rossmore is approximately 16.3 square kilometres. It has 3 parks covering nearly 5.5% of total area. The population of Rossmore in 2011 was 2,411 people. By 2016 the population was 2,288 showing a population decline of 5.1% in the area during that time. The predominant age group in Rossmore is 10-19 years. Households in Rossmore are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Rossmore work in a managers occupation. In 2011, 70.1% of the homes in Rossmore were owner-occupied compared with 65% in 2016.
Rossmore has 748 properties. Over the last 5 years, Houses in Rossmore have seen a 76.23% increase in median value. As at 31 July 2024:
- The median value for Houses in Rossmore is $4,321,457 while the median value for Units is $751,704.
- Houses have a median rent of $720.
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