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Sold on 16 Jul 2024 for $975,000

5/21 Prospect Road
Summer Hill NSW 2130

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 104m2
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Property Details for 5/21 Prospect Rd, Summer Hill

5/21 Prospect Rd, Summer Hill is a 2 bedroom, 1 bathroom Apartment with 2 parking spaces. The property has a floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Apartment sold in Summer Hill in the last 12 months.

Building Type
Apartment
Floor Size
104m2
Local Government
Inner West
Lot/Plan
5/SP8682

Last Listing description (July 2024)

Smartly renovated throughout and designed to give it a fresh modern feel, this tastefully styled two-bedroom home delivers an ideal low-maintenance retreat complemented by great location in one of the inner west's property hotspots. Space, light and privacy are all perfectly matched by its prime location that has Summer Hill Village cafés, wine bars and train station a few blocks away, plus it's short walking distance to Ashfield's Asian grocers, eateries and shopping.

A sleek, bright and supremely easy-to-maintain interior layout
Newly refreshed with polished flooring and crisp modern décor

Air-conditioned open design featuring lounge and dining areas
Chic designer kitchen fitted with a quality induction cooktop
Both bedrooms have built-ins, and the bathroom is fully renovated
Tandem lock-up garage, internal laundry plus intercom entrance
Tucked away in a boutique pet-friendly complex of six apartments

Property History for 5/21 Prospect Rd, Summer Hill, NSW 2130

A timeline of how this property has performed in the market
Last Sold
$975,000
16 Jul 2024
Listed for Rent
$450/w
11 Jun 2011
  • 16 Jul 2024
    Sold for $975,000
  • 04 Jul 2024
    Listed for Sale SOLD- $975,000
  • 16 Dec 2015
    Sold for $700,000
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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 4,268 properties. Over the last 5 years, Houses in Summer Hill have seen a 55.69% increase in median value, while Units have seen a 36.50% increase. As at 31 July 2024:

  • The median value for Houses in Summer Hill is $2,443,605 while the median value for Units is $957,604.
  • Houses have a median rent of $950 while Units have a median rent of $630.
There are currently 16 properties listed for sale, and 23 properties listed for rent in Summer hill on OnTheHouse. According to CoreLogic's data, 166 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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Jackie Wang
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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.