57 Deakin StreetSilverwater NSW 2128
Property Details for 57 Deakin St, Silverwater
57 Deakin St, Silverwater is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1930. The property has a land size of 674m2 and floor size of 85m2.This Property is currently listed for sale with RWC Western Sydney
Last Listing description (November 2024)
RWC Western Sydney is pleased to present 57 Deakin Street, Silverwater for sale via onsite Auction.
Ready for the experienced builder or developer to capitalise on this exceptional opportunity with all the hard work completed. Boasting a DA & CC (stage one) approval for an 18-room boarding house plus communal area.
Perfect opportunity to capitalise on this booming asset class benefiting from the current housing shortage, migration boom and low vacancy rates.
Additional highlights of the property are outlined below:
DA & CC (stage one) approved 18-room boarding house development site
Configuration 18-Rooms: 8 x single rooms, 9 x double rooms & 1 manager room
Substantial onsite works commenced
All rooms self-contained & oversized for maximum comfort
Potential rental of $411,840* per annum (equating to $430 - $450 per room) upon completion
1km* to Auburn Redyard Shopping Mall
1.1km* to Auburn Megamall
1.5km* to Lidcombe Shopping Centre
FORCED SALE - Instructions to SELL!
The property will be offered via onsite Auction, Thursday 5 December 2024 at 11am.
For more information, please contact the below exclusive selling agents.
*Approximately
Property History for 57 Deakin St, Silverwater, NSW 2128
- 07 Nov 2024Listed for Sale AUCTION
- 02 May 2015Sold for $811,000
- 14 Apr 2015Listed for Sale Not Disclosed
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About Silverwater 2128
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:
- The median value for Houses in Silverwater is $1,985,974 while the median value for Units is $708,442.
- Houses have a median rent of $700 while Units have a median rent of $600.
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