SOLD
RECENT ADVICE
Sold on 07 Dec 2024 for $2,500,000

56 Smith Street
Summer Hill NSW 2130

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 127m2
Land area: 202m2
Sold By
Ivory Estate Agents
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Property Details for 56 Smith St, Summer Hill

56 Smith St, Summer Hill is a 4 bedroom, 2 bathroom House. The property has a land size of 202m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 4 bedroom House sold in Summer Hill in the last 12 months.

Building Type
House
Floor Size
127m2
Land Size
202m2
Local Government
Inner West
Lot/Plan
83/DP2229

Last Listing description (December 2024)

Impossible to overlook, 56 Smith St boasts an impressive presence with three street frontages in the vibrant centre of Summer Hill. A multi-purpose offering able to generate distinct leasable spaces (Potential rental income - in the vicinity of $100,000 per annum). Adding to its appeal is the advantage of rear lane parking, accommodating up to four cars.

Currently, the ground floor of the property is operating as a clinic offering:
- Three offices / practice rooms

- Reception area
- Bathroom
- Kitchenet
- Internal laundry

The first floor is a spacious one-bedroom apartment boasting its own separate access via the rear lane.

Situated in close proximity to trendy cafes, bustling shops, prestigious schools, and easily accessible via trains and city buses, this property stands out as a multifaceted opportunity.

Property History for 56 Smith St, Summer Hill, NSW 2130

A timeline of how this property has performed in the market
Last Sold
$2,500,000
07 Dec 2024
  • 07 Dec 2024
    Sold for $2,500,000
  • 12 Nov 2024
    Listed for Sale AUCTION THIS SATURDAY @ 11:00AM
  • 20 Feb 2024
    Listed for Sale Not Disclosed
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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, 166 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.