SOLD
Sold on 24 Apr 2024 for $1,090,000

56 Holland Drive
Spring Farm NSW 2570

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 191m2
Land area: 430m2
Sold By
Murray Kennedy Real Estate
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Property Details for 56 Holland Dr, Spring Farm

56 Holland Dr, Spring Farm is a 0 bedroom, 0 bathroom House with 2 parking spaces and was built in 2016. The property has a land size of 430m2 and floor size of 191m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 0 bedroom House sold in Spring Farm in the last 12 months.

Building Type
House
Year Built
2016
Floor Size
191m2
Land Size
430m2
Local Government
Camden
Lot/Plan
3508/DP1202688

Last Listing description (May 2024)

Discover a unique investment opportunity in Spring Farm with the dual property offering at 56 Holland Drive and 16 Facey Lane. This package includes a spacious 4-bedroom, 2-bathroom main residence plus a separate detached 1-bedroom granny flat, presenting a remarkable chance to enhance your portfolio with a diversified income stream.

56 Holland Drive:
4 bedrooms, 2 bathrooms main residence

Rented for $700 per week
Modern home with plenty of living space and designer kitchen
Alfresco area and ample backyard space
Double garage for secure parking

16 Facey Lane:
Private 1 bedroom, 1 bathroom granny flat
Rented for $420 per week
Open plan living and kitchen area
Internal laundry and private courtyard
Single garage with separate access (depending on how tenancy is configured)

Combined rental income of $1120 per week !!

With the main house and granny flat already tenanted, this investment is turn-key ready. Situated in a sought-after location, close to local amenities, parks, and transport, these properties promise year-round appeal to a range of potential tenants.

Seize the opportunity to own this dual residence, dual income package, where the financial benefits are as impressive as the homes themselves.

Property History for 56 Holland Dr, Spring Farm, NSW 2570

A timeline of how this property has performed in the market
Last Sold
$1,090,000
24 Apr 2024
Listed for Rent
14 Jun 2018
  • 24 Apr 2024
    Sold for $1,090,000
  • 13 Mar 2024
    Listed for Sale Guide 1.1m
  • 22 May 2018
    Listed for Rent - Price not available
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About Spring Farm 2570

The size of Spring Farm is approximately 6.5 square kilometres. It has 7 parks covering nearly 1.2% of total area. The population of Spring Farm in 2011 was 1,189 people. By 2016 the population was 4,292 showing a population growth of 261.0% in the area during that time. The predominant age group in Spring Farm is 30-39 years. Households in Spring Farm are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Spring Farm work in a professional occupation. In 2011, 81.3% of the homes in Spring Farm were owner-occupied compared with 75.6% in 2016.

Spring Farm has 4,528 properties. Over the last 5 years, Houses in Spring Farm have seen a 48.47% increase in median value, while Units have seen a 33.93% increase. As at 31 October 2024:

  • The median value for Houses in Spring Farm is $1,040,024 while the median value for Units is $654,094.
  • Houses have a median rent of $690 while Units have a median rent of $450.
There are currently 10 properties listed for sale, and 12 properties listed for rent in Spring farm on OnTheHouse. According to CoreLogic's data, 208 properties were sold in the past 12 months in Spring farm.

Suburb Insights for Spring Farm 2570

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.