SOLD
Sold on 09 Mar 2024 for $3,785,000

58 Russell Street
Russell Lea NSW 2046

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 124m2
Land area: 585m2
Sold By
First National Five Dock Drummoyne
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Property Details for 58 Russell St, Russell Lea

58 Russell St, Russell Lea is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 585m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Russell Lea in the last 12 months.

Building Type
House
Year Built
1920
Floor Size
124m2
Land Size
585m2
Local Government
Canada Bay
Lot/Plan
1/DP175042

Last Listing description (September 2024)

This meticulously maintained double brick home, nestled on a sprawling 581sqm block, offers a rare opportunity in the market after over 50 years. Boasting dual access from Russell Street and Lucas Avenue, this property presents a blend of convenience and potential. The deep rear yard provides ample space for children to play, with the possibility of adding a pool, subject to council approval. Its prime location ensures easy access to the CBD and a wealth of amenities, including dining options, cafes, shops, schools, and picturesque parklands along the waterfront.

Key features of this residence include:
? A spacious single-level layout featuring generous living and dining areas

? A sizable and secluded backyard, primed for entertaining, gardening, and potential pool installation (STCA)
? Positioned in a prestigious street surrounded by quality homes and a vibrant community
? Opportunity for refurbishment, extension, or complete overhaul (STCA)
? Ducted air conditioning for year-round comfort
? Three double-sized bedrooms with timber flooring
? Freshly painted bright interiors - ready to move in
? One bedroom adorned with a charming resident-artist's mural, ideal for a child's room
? Large eat-in kitchen for culinary enthusiasts
? Potential for a second floor offering possible city views (STCA)
? Formal lounge/dining room doubling as an office or potential fourth bedroom
? Lock-up garage with ample storage space and convenient access from Lucas Avenue
? Expansive separate laundry leading to a second bathroom with shower and WC
? Across the road from the popular Sibbick St Reserve, perfect for outdoor recreation
? Potential for dual income streams (STCA)
? Only a kilometre away from the highly anticipated future Five Dock Metro

While we have strived to gather information from reliable third-party sources, we advise prospective purchasers to conduct their own investigations and inquiries to ensure accuracy. We disclaim liability for any errors, omissions, or inaccuracies in the provided information.

Property History for 58 Russell St, Russell Lea, NSW 2046

A timeline of how this property has performed in the market
Last Sold
$3,785,000
09 Mar 2024
  • 09 Mar 2024
    Sold for $3,785,000
  • 05 Feb 2024
    Listed for Sale Not Disclosed
  • 14 Oct 2022
    Sold

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About Russell Lea 2046

The size of Russell Lea is approximately 1 square kilometres. It has 6 parks covering nearly 1% of total area. The population of Russell Lea in 2011 was 4,779 people. By 2016 the population was 4,983 showing a population growth of 4.3% in the area during that time. The predominant age group in Russell Lea is 40-49 years. Households in Russell Lea are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Russell Lea work in a professional occupation. In 2011, 72.3% of the homes in Russell Lea were owner-occupied compared with 72.2% in 2016.

Russell Lea has 2,169 properties. Over the last 5 years, Houses in Russell Lea have seen a 63.34% increase in median value, while Units have seen a 28.18% increase. As at 30 September 2024:

  • The median value for Houses in Russell Lea is $3,153,672 while the median value for Units is $1,045,960.
  • Houses have a median rent of $1,015 while Units have a median rent of $680.
There are currently 13 properties listed for sale, and 11 properties listed for rent in Russell lea on OnTheHouse. According to CoreLogic's data, 105 properties were sold in the past 12 months in Russell lea.

Suburb Insights for Russell Lea 2046

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.