22/538-544 President Ave, Sutherland is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 2687m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in August 2020.
A fantastic opportunity for investors with the property tenanted until February 2021 at $445 per week.
Top floor, set to the rear of this full brick and concrete apartment complex, this apartment enjoys fantastic natural light courtesy of the north-facing balcony and natural cross ventilation from the windows to the south.
The property features:
Positioned just 450m to shops, transport and restaurants/cafes, this updated apartment is the perfect opportunity to purchase property central to all lifestyle essentials.
Total lot size: 102m² (85m² + 17m² garage)
Approximate quarterly outgoings:
Strata: $700.00
Council: $342.20
Water: $179.06
The size of Sutherland is approximately 3.7 square kilometres. It has 13 parks covering nearly 21.2% of total area. The population of Sutherland in 2011 was 9,923 people. By 2016 the population was 10,807 showing a population growth of 8.9% in the area during that time. The predominant age group in Sutherland is 30-39 years. Households in Sutherland are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sutherland work in a professional occupation. In 2011, 57.3% of the homes in Sutherland were owner-occupied compared with 54.6% in 2016.
Sutherland has 6,760 properties. Over the last 5 years, Houses in Sutherland have seen a 47.54% increase in median value, while Units have seen a 29.98% increase. As at 31 October 2024:
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