SOLD
Sold on 17 Sep 2024 for $422,000

9/557 Victoria Road
Ryde NSW 2112

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 39m2
Land area: 1650m2
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Nicholls & Co
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Property Details for 9/557 Victoria Rd, Ryde

9/557 Victoria Rd, Ryde is a 1 bedroom, 1 bathroom Unit and was built in 1976. The property has a land size of 1650m2 and floor size of 39m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Unit sold in Ryde in the last 12 months.

Building Type
Unit
Year Built
1976
Floor Size
39m2
Land Size
1650m2
Local Government
Ryde
Lot/Plan
9/SP10564

Last Listing description (September 2024)

THE FACTS
Located at 9/557 Victoria Road, Ryde, this 1-bedroom apartment combines the convenience of a Victoria Road address with the serenity of a setback building position, ensuring a peaceful living environment free from road noise. The unit boasts a northeast aspect that floods the space with natural light throughout the day. In excellent condition despite its age, the apartment features a spacious lounge and dining area that leads out to a balcony, offering district views and a blue sky outlook. The kitchen, while currently very functional, would benefit greatly from a facelift to enhance its appeal. Parquet flooring extends through the living areas into the cozy bedroom, which includes built-in robes and is served by a modern, well-maintained bathroom. A secure car space adds to the apartment's convenience, making it a serene yet practical choice for urban living.

THE LOCATION

This apartment sits in a prime position that combines urban convenience with suburban peace. Despite its main road address, the apartment is set back, offering a quiet retreat from the bustle.

The locality is enriched by its proximity to an array of amenities. Top Ryde Shopping Centre and Macquarie University are just a short walk or drive away, catering to both retail and academic needs. For those reliant on public transport, the nearby bus services enhances connectivity to Sydney CBD and beyond, ensuring easy commutes.

Recreational facilities are also plentiful with Lane Cove National Park close by, offering walking trails, picnic spots, and a natural escape from city life. The area is also home to several local cafes and restaurants, providing ample dining options that cater to a variety of tastes.

THE KICKER
Set in a prime Ryde location, this apartment not only offers a lifestyle of convenience and calm but also presents an exciting opportunity to add significant value through renovation. With its functional layout and solid foundation, a modern revamp could transform this space into a contemporary urban oasis, enhancing both its aesthetic appeal and market value. Ideal for first-time buyers or investors, this property promises not just a home, but a canvas for creativity and future growth. Embrace the potential, envision the transformation, and make 9/557 Victoria Road uniquely you

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Property History for 9/557 Victoria Rd, Ryde, NSW 2112

A timeline of how this property has performed in the market
Last Sold
$422,000
17 Sep 2024
  • 17 Sep 2024
    Sold for $422,000
  • 16 Aug 2024
    Listed for Sale Not Disclosed
  • 13 May 2015
    Sold for $290,000
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About Ryde 2112

The size of Ryde is approximately 7.1 square kilometres. It has 45 parks covering nearly 11.7% of total area. The population of Ryde in 2011 was 21,598 people. By 2016 the population was 26,500 showing a population growth of 22.7% in the area during that time. The predominant age group in Ryde is 30-39 years. Households in Ryde are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ryde work in a professional occupation. In 2011, 61% of the homes in Ryde were owner-occupied compared with 55.6% in 2016.

Ryde has 15,717 properties. Over the last 5 years, Houses in Ryde have seen a 69.62% increase in median value, while Units have seen a 11.53% increase. As at 31 October 2024:

  • The median value for Houses in Ryde is $2,345,095 while the median value for Units is $751,289.
  • Houses have a median rent of $800 while Units have a median rent of $660.
There are currently 100 properties listed for sale, and 82 properties listed for rent in Ryde on OnTheHouse. According to CoreLogic's data, 811 properties were sold in the past 12 months in Ryde.

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