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Sold on 25 Jun 2024 for $1,337,000

2/2A Megan Avenue
Smithfield NSW 2164

Bedrooms: 5
Bathrooms: 2
Car spaces: 1
Land area: 556m2
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Property Details for 2/2a Megan Ave, Smithfield

2/2a Megan Ave, Smithfield is a 5 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 556m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 5 bedroom House sold in Smithfield in the last 12 months.

Building Type
House
Land Size
556m2
Local Government
Fairfield

Last Listing description (August 2024)

This magnificent Home + Granny Flat presents the ideal opportunity of two homes on the one lot, ideal for large families, young families or savvy investors. The main residence boasts 3 generous sized bedrooms and plenty of living space while the 2 bedroom Granny Flat offers expansive living and private backyard.

With all the hard work being done for you, these properties have totally separate access and meters for total peace of mind. With the potential to earn an income of up to $1230 per week, this is an investors dream come true without all the hassle and delays of doing it yourself.

Investors Note | Rental appraisal:

House $650 - $680 p/w
Granny Flat: $500 - 550 p/w
Total: $1,150 - 1,230 p/w = $59,800 - $63,960 p.a

Features:
Main Residence + teenage retreat
* 3 generous sized bedrooms 2 with BIW
* Formal lounge room/dining room off kitchen
* A gourmet kitchen with quality appliances
* Split system A/C
* Modern renovated bathroom
* Sunroom/4th bedroom option at rear of the property
* Currently leased for $620 p/w to amazing tenants
* Potential rental return of $650 - $680 p/w

Granny Flat
* 2 large bedrooms with built-in wardrobes
* Open plan living area fully tiled throughout
* Modern kitchen with stainless steel appliances
* Stylish bathroom and laundry, split system air conditioning
* Currently leased for $480 p/w to amazing tenants
* Rental potential of $500 - $550 per week!

In the most sought after locations in Smithfield, walking distance to a variety of public & private Schools, Stocklands Mall and Transport.

Auction location : Smithfield RSL
Auction time & Day : 25th of June @6pm, 5:30pm registration

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Property History for 2/2a Megan Ave, Smithfield, NSW 2164

A timeline of how this property has performed in the market
Last Sold
$1,337,000
25 Jun 2024
  • 25 Jun 2024
    Sold for $1,337,000
  • 27 May 2024
    Listed for Sale SOLD BY PATRICK JERJI & DANNY WARDA

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About Smithfield 2164

The size of Smithfield is approximately 8.9 square kilometres. It has 25 parks covering nearly 11.5% of total area. The population of Smithfield in 2011 was 11,018 people. By 2016 the population was 11,974 showing a population growth of 8.7% in the area during that time. The predominant age group in Smithfield is 20-29 years. Households in Smithfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Smithfield work in a trades occupation. In 2011, 62.2% of the homes in Smithfield were owner-occupied compared with 57.4% in 2016.

Smithfield has 5,865 properties. Over the last 5 years, Houses in Smithfield have seen a 72.10% increase in median value, while Units have seen a 37.05% increase. As at 30 November 2024:

  • The median value for Houses in Smithfield is $1,175,441 while the median value for Units is $788,203.
  • Houses have a median rent of $650 while Units have a median rent of $545.
There are currently 18 properties listed for sale, and 25 properties listed for rent in Smithfield on OnTheHouse. According to CoreLogic's data, 210 properties were sold in the past 12 months in Smithfield.

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Patrick Jerji
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