1/1 Merchant StreetStanmore NSW 2048
Property Details for 1/1 Merchant St, Stanmore
1/1 Merchant St, Stanmore is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Apartment sold in Stanmore in the last 12 months.
Last Listing description (May 2024)
Situated in the heart of Stanmore, this well appointed one bedroom apartment provides comfortable & convenient living with a peaceful ambience. Set on a quiet, tree lined street, its proximity to a variety of cafes, restaurants & local transport options, as well as its scope to personalise & add future value provides a rare opportunity to enter the Stanmore market for homebuyers & investors alike.
- Spacious combined living/dining area with great natural light throughout
- Single bedroom with built in robe and a leafy aspect
- Well presented kitchen with electric cooking & ample storage
- Spacious balcony off living with beautiful park views
- Shared laundry facilities located at the rear of the block
- Fantastic entry level opportunity, low strata levies & strong rental potential
Council rates: $331 per quarter, approx.
Water rates: $165 per quarter, approx.
Strata levies: $643 per quarter, approx.
Property History for 1/1 Merchant St, Stanmore, NSW 2048
- 20 Sep 2024Listed for Rent $525 / week
- 03 May 2024Sold for $562,500
- 20 Mar 2024Listed for Sale $562,500
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About Stanmore 2048
The size of Stanmore is approximately 1.2 square kilometres. It has 11 parks covering nearly 4.1% of total area. The population of Stanmore in 2011 was 7,702 people. By 2016 the population was 7,927 showing a population growth of 2.9% in the area during that time. The predominant age group in Stanmore is 20-29 years. Households in Stanmore are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Stanmore work in a professional occupation. In 2011, 53.9% of the homes in Stanmore were owner-occupied compared with 51% in 2016.
Stanmore has 4,052 properties. Over the last 5 years, Houses in Stanmore have seen a 36.90% increase in median value, while Units have seen a 18.43% increase. As at 31 October 2024:
- The median value for Houses in Stanmore is $2,184,348 while the median value for Units is $861,276.
- Houses have a median rent of $1,050 while Units have a median rent of $600.
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