88 Clements St, Russell Lea is a 5 bedroom, 3 bathroom House and was built in 1930. The property has a land size of 434m2 and floor size of 316m2. While the property is not currently for sale or for rent, it was last sold in December 2014.
Lifestyle - This generously proportioned Federation residence represents an outstanding opportunity to acquire a large traditional home of tremendous appeal in an exclusive harbourside enclave. Set on a deep block on the high side of the road, it is well maintained throughout and presented in great condition. This classic property also offers a rare chance to redesign or extend and create a sensational Russell Lea home.
Accommodation - Bright interiors feature high ceilings, ornate details and an original fireplace. A generous layout includes separate lounge and dining areas plus there is a well equipped kitchen and large sunroom at the rear. There are also three good sized bedrooms, an updated bathroom and a deep rear yard with sunlit lawn and storage shed with workshop.
Features - The property takes pride of place in a leafy street surrounded by prestige two-storey residences. It is one of the last remaining unrenovated homes in the area and is now gearing up for its next exciting chapter. It will bring unlimited rewards for those wishing to add a second level and capture Iron Cove views (STCA) and enjoy a great location within a short distance to the Bay Run, quality schools and Drummoyne shopping.
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 2,168 properties. Over the last 5 years, Houses in Russell Lea have seen a 86.54% increase in median value, while Units have seen a 27.53% increase. As at 31 July 2024:
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