OFF MARKET

22 Grosvenor Crescent
Summer Hill NSW 2130

Bedrooms: 7
Bathrooms: 7
Car spaces: -
Land area: 348m2
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Property Details for 22 Grosvenor Cres, Summer Hill

22 Grosvenor Cres, Summer Hill is a 7 bedroom, 7 bathroom House and was built in 1970. The property has a land size of 348m2. While the property is not currently for sale or for rent, it was last sold in May 2009.

Building Type
House
Year Built
1970
Land Size
348m2
Local Government
Inner West
Lot/Plan
1/DP126476

Last Listing description (December 2024)

Fully renovated, this exceptionally rare offering, will appeal to savvy investors seeking a unique investment opportunity in an outstanding location. Located in a prime pocket of Summer Hill, enjoy an immediate income stream. The prime address rests mere footsteps to Summer Hill's train station & village, bus services, schools, parks and shopping precincts.

- 6 fully self contained studios plus self contained granny flat.
- All rooms with kitchen facilities and bathrooms

- Strong immediate rental income, with scope for future increases
- Currently returning $3,260 per week (Approx. $170,000 PA)
- Ideally located within walking distance to Summer Hill & Ashfield's transport and shopping precincts
- Close to the best of the inner wests Schools and park lands

If you are looking for a prime investment opportunity within the vibrant village life of one of the Inner West's best suburbs, this is it!

Link to Pest and Building Inspection Report:
https://www.beforeyoubuy.com.au/reports/22-grosvenor-crescent-summer-hill-nsw-2130/building-pest?utm_medium=link-letter&utm_source=ofi

Disclaimer: We have in preparing this document, used our best endeavours to ensure that all the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements contained in this document.

Property History for 22 Grosvenor Cres, Summer Hill, NSW 2130

A timeline of how this property has performed in the market
Last Sold
$781,000
09 May 2009
Listed for Rent
$190/w
27 Oct 2021
  • 30 Oct 2024
    Listed for Sale $3,800,000
  • 20 Jul 2023
    Sold
  • 15 Jan 2021
    Listed for Rent $258 / 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 23 properties listed for rent in Summer hill on OnTheHouse. According to CoreLogic's data, 164 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.