SOLD
Sold on 04 Sep 2024 for $1,150,000

503/5-7 Mungo Scott Place
Summer Hill NSW 2130

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Land area: 104m2
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Property Details for 503/5-7 Mungo Scott Pl, Summer Hill

503/5-7 Mungo Scott Pl, Summer Hill is a 2 bedroom, 2 bathroom Unit and was built in 2019. The property has a land size of 104m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Summer Hill in the last 12 months.

Building Type
Unit
Year Built
2019
Land Size
104m2
Local Government
Inner West
Lot/Plan
113/SP98375

Last Listing description (November 2024)

Discover the essence of contemporary living in this elegantly designed two-bedroom apartment, ideally located within the prestigious Granary building of the Flour Mill community, just moments from the vibrant heart of Summer Hill. With a sophisticated style, abundant natural light, and stunning urban views, this residence exemplifies modern elegance with high-end finishes and a vibrant community lifestyle. You'll enjoy easy access to Summer Hill's charming cafes, shops, parks, and the light rail, all just steps away.

- Bright and airy open-plan living area with stylish light timber floorboards and ample natural light
- Sun-soaked balcony offering sweeping views of the local area

- Two bedrooms featuring built-in wardrobes, with an ensuite attached to the master
- Gourmet gas kitchen equipped with sleek appliances, a dishwasher, and an island bench
- Well-appointed designer bathroom showcasing chic finishes
- Ducted air conditioning throughout, along with intercom and lift access
- Secure parking space in basement garage, plus additional storage
- Conveniently located near Lewisham and Summer Hill rail stations

To register/apply - https://app.snug.com/apply/harristrippsummerhill

To find out more about this property please call Adem on 0448 407 501 or email on a.senol@harristripp.com.au. Please register for inspections via the 'book inspection' or 'email agent' buttons to be notified of any inspection changes.

As an investor it can be difficult to keep up to date with the market and current trends. If you would like to arrange a confidential discussion regarding your current portfolio and how Harris Tripp can maximise the returns on your investment, please contact our Investor Relations Manager, Chris Afsari on 0449 999 998.

Property History for 503/5-7 Mungo Scott Pl, Summer Hill, NSW 2130

A timeline of how this property has performed in the market
Last Sold
$1,150,000
04 Sep 2024
Listed for Rent
$925/w
28 Oct 2024
  • 16 Oct 2024
    Listed for Rent $925 / week
  • 04 Sep 2024
    Sold for $1,150,000
  • 13 Aug 2024
    Listed for Sale $1,150,000
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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 4,263 properties. Over the last 5 years, Houses in Summer Hill have seen a 42.52% increase in median value, while Units have seen a 32.32% increase. As at 31 October 2024:

  • The median value for Houses in Summer Hill is $2,467,156 while the median value for Units is $1,004,023.
  • Houses have a median rent of $920 while Units have a median rent of $650.
There are currently 13 properties listed for sale, and 32 properties listed for rent in Summer hill on OnTheHouse. According to CoreLogic's data, 171 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.