SOLD
Sold on 17 Jul 2024 for $780,000

8/506-512 President Avenue
Sutherland NSW 2232

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 2698m2
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Property Details for 8/506-512 President Ave, Sutherland

8/506-512 President Ave, Sutherland is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 2698m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Sutherland in the last 12 months.

Building Type
Unit
Year Built
1995
Floor Size
50m2
Land Size
2698m2
Local Government
Sutherland
Lot/Plan
8/SP50764

Last Listing description (August 2024)

Centrally located and conveniently positioned, this stylishly appointed and generously proportioned north-facing two bedroom unit offers an idyllic lifestyle just moments from the train station, schools, and the vibrant Sutherland shopping village, which features a variety of cafes and restaurants.

- Serenely situated within a meticulously maintained three storey security complex.
- Desirable open plan layout with a spacious lounge and dining area, complemented by LG split system air conditioning.

- Sleek kitchen equipped with high-quality appliances including Omega electric cooktop, Chef oven and dishwasher, large double sink, breakfast bar, and ample cupboard and bench space.
- Sizable private sundrenched balcony facing north, enjoying a peaceful, leafy outlook.
- Two well-proportioned bedrooms with ceiling fans, the main bedroom complete with a mirrored built-in wardrobe.
- Stylish fully tiled bathroom with separate bath and shower design.
- Large internal laundry with plenty of built in storage and stone benchtop.
- Single lock-up garage with convenient internal access.
- Additional features: security intercom, new carpet and paint throughout.

Council Rate: $367.50 per quarter
Water Rate: $171.41 per quarter
Strata Levy: $837.05 per quarter

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Property History for 8/506-512 President Ave, Sutherland, NSW 2232

A timeline of how this property has performed in the market
Last Sold
$780,000
17 Jul 2024
Listed for Rent
$460/w
16 Apr 2018
  • 17 Jul 2024
    Sold for $780,000
  • 10 Jul 2024
    Listed for Sale Not Disclosed
  • 20 Mar 2018
    Listed for Rent $460 / week
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About Sutherland 2232

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 6,761 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:

  • The median value for Houses in Sutherland is $1,489,562 while the median value for Units is $757,419.
  • Houses have a median rent of $700 while Units have a median rent of $640.
There are currently 33 properties listed for sale, and 25 properties listed for rent in Sutherland on OnTheHouse. According to CoreLogic's data, 351 properties were sold in the past 12 months in Sutherland.

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