OFF MARKET

2/55 Prospect Road
Summer Hill NSW 2130

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 790m2
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Property Details for 2/55 Prospect Rd, Summer Hill

2/55 Prospect Rd, Summer Hill is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 790m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in May 2018.

Building Type
Unit
Year Built
1960
Floor Size
68m2
Land Size
790m2
Local Government
Inner West
Lot/Plan
2/SP39151

Last Listing description (June 2018)

Positioned on the first floor of a small security block of seven, this well - presented apartment will appeal to first home buyers, investors and downsizers. The generous free-flowing floor plan enjoys high ceilings, timber floors and an indoor/outdoor flow.
- Spacious living/dining room flows to a wide balcony with a pleasant outlook
- Large kitchen with functional appliances and potential to make open plan

- Two sizeable bedrooms with mirrored built-in robes and lovely natural light
- Neat and tidy bathroom bathed in sunshine with separate bath and shower
- Set back from the street and offering peace, privacy and a parking space
- Stroll to Summer Hill train station as well as convenient Summer Hill Village
- Central to Ashfield Mall, Sydney Private Hospital and Trinity Grammar
- Well-presented, move straight in and enjoy, update and capitalise over time

Property History for 2/55 Prospect Rd, Summer Hill, NSW 2130

A timeline of how this property has performed in the market
Last Sold
$710,000
25 May 2018
Listed for Rent
$530/w
12 Apr 2018
  • 25 May 2018
    Sold for $710,000
  • 02 May 2018
    Listed for Sale $710,000
  • 11 Oct 2017
    Listed for Rent $530 / 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 4,259 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, 168 properties were sold in the past 12 months in Summer hill.

Suburb Insights for Summer Hill 2130

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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.