SOLD
RECENT ADVICE
Sold on 13 Apr 2024 for $3,010,000

15 Sloane Street
Summer Hill NSW 2130

Bedrooms: 16
Bathrooms: 3
Car spaces: 4
Land area: 594.4m2
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Property Details for 15 Sloane St, Summer Hill

15 Sloane St, Summer Hill is a 16 bedroom, 3 bathroom BlockOfUnits with 4 parking spaces. The property has a land size of 594.4m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 16 bedroom BlockOfUnits sold in Summer Hill in the last 12 months.

Building Type
BlockOfUnits
Land Size
594.4m2

Last Listing description (April 2024)

An exceptionally rare offering, appealing to savvy investors seeking a unique investment opportunity in an outstanding location. Resting on a 594.4sqm block in a prime pocket of Summer Hill, enjoy an immediate income stream with scope to further increase and explore future development possibilities (STCA). The prime address rests mere footsteps to Summer Hill's train station & village, bus services, schools, parks and shopping precincts.

- Ideally located block with 16 lettable residences
- Shared bathroom and kitchen facilities, with multiple indoor/outdoor areas

- Multiple storage rooms plus an additional lock up garage at the rear
- Strong immediate rental income, with scope for future increase
- Ideally located within walking distance to Summer Hill & Ashfield's transport and shopping precincts

Land size: 594.4sqm approx

Property History for 15 Sloane St, Summer Hill, NSW 2130

A timeline of how this property has performed in the market
Last Sold
$3,010,000
13 Apr 2024
Listed for Rent
$150/w
08 Feb 2023
  • 13 Apr 2024
    Sold for $3,010,000
  • 21 Feb 2024
    Listed for Sale $3,010,000
  • 29 Sep 2020
    Listed for Rent $190 / week
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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 4,271 properties. Over the last 5 years, Houses in Summer Hill have seen a 36.74% increase in median value, while Units have seen a 31.08% increase. As at 30 November 2024:

  • The median value for Houses in Summer Hill is $2,471,299 while the median value for Units is $1,022,108.
  • Houses have a median rent of $875 while Units have a median rent of $650.
There are currently 6 properties listed for sale, and 27 properties listed for rent in Summer hill on OnTheHouse. According to CoreLogic's data, 165 properties were sold in the past 12 months in Summer hill.

Suburb Insights for Summer Hill 2130

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Natalie Pergola
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Kristian Lovicu
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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.