SOLD
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Sold on 20 May 2024 for $922,000

1/21 Prospect Road
Summer Hill NSW 2130

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 94m2
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Property Details for 1/21 Prospect Rd, Summer Hill

1/21 Prospect Rd, Summer Hill is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Summer Hill in the last 12 months.

Building Type
Unit
Floor Size
94m2
Local Government
Inner West
Lot/Plan
1/SP8682

Last Listing description (May 2024)

The Key to Value and Village Convenience

An easy living location close to great coffee, dining and shopping amenities gives this elevated ground floor apartment excellent lifestyle appeal. Tastefully appointed and freshly presented throughout, it offers a home of light and privacy with the emphasis on convenience, as it's ideally positioned within a level 500m walk to Summer Hill's vibrant village scene. All the elements for entry-level and investment success are here with a readymade property that's tucked away in a well-maintained security complex of six.

North-east corner position captures good natural light throughout

Fresh and breezy open plan layout features sleek timber floorboards
A generous main bedroom that opens onto a sunny front balcony
Well-appointed kitchen plus a full bathroom and internal laundry
In a boutique security building with a single car space on title
A terrific investment with excellent growth and rental prospects
Within easy reach of Ashfield's major transport and amenities

Property History for 1/21 Prospect Rd, Summer Hill, NSW 2130

A timeline of how this property has performed in the market
Last Sold
$922,000
20 May 2024
Listed for Rent
$475/w
25 May 2020
  • 20 May 2024
    Sold for $922,000
  • 06 May 2020
    Listed for Rent - Price not available
  • 23 Aug 2016
    Sold for $647,000
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About Summer Hill 2130

The size of Summer Hill is approximately 1.2 square kilometres. It has 12 parks covering nearly 4.6% of total area. The population of Summer Hill in 2011 was 6,586 people. By 2016 the population was 7,311 showing a population growth of 11.0% in the area during that time. The predominant age group in Summer Hill is 30-39 years. Households in Summer Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Summer Hill work in a professional occupation. In 2011, 49.1% of the homes in Summer Hill were owner-occupied compared with 45.6% in 2016.

Summer Hill has 4,259 properties. Over the last 5 years, Houses in Summer Hill have seen a 47.29% increase in median value, while Units have seen a 33.58% increase. As at 30 September 2024:

  • The median value for Houses in Summer Hill is $2,441,670 while the median value for Units is $981,779.
  • Houses have a median rent of $925 while Units have a median rent of $640.
There are currently 13 properties listed for sale, and 28 properties listed for rent in Summer hill on OnTheHouse. According to CoreLogic's data, 169 properties were sold in the past 12 months in Summer hill.

Suburb Insights for Summer Hill 2130

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Peter Vassilis
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Johnny Botsis
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Hudson McHugh
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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.