20 Melton St N, Silverwater is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 526m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
Promising an unrivalled opportunity to acquire two dwellings on one title, this unique offering is one that is unlikely to reoccur within the growing suburb of Silverwater. The properties span over a large land parcel and includes two private residences that have each been beautifully appointed to accommodate modern living. These properties attract a combined rental return of $900 per week and are well-located within minutes of Auburn Station and shopping with Olympic Park entertainment hub nearby.
- Sprawling corner block with R3 zoning creates endless opportunity/potential
- Rare opportunity to acquire two separate dwellings set on one title/block
The size of Silverwater is approximately 2.7 square kilometres. It has 8 parks covering nearly 3.1% of total area. The population of Silverwater in 2011 was 3,161 people. By 2016 the population was 4,166 showing a population growth of 31.8% in the area during that time. The predominant age group in Silverwater is 30-39 years. Households in Silverwater are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Silverwater work in a professional occupation. In 2011, 53% of the homes in Silverwater were owner-occupied compared with 50% in 2016.
Silverwater has 1,721 properties. Over the last 5 years, Houses in Silverwater have seen a 75.59% increase in median value, while Units have seen a 10.52% increase. As at 31 October 2024:
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