OFF MARKET

302/1 Australia Avenue
Sydney Olympic Park NSW 2127

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 4047m2
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Last updated 11 Nov 2024
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Property Details for 302/1 Australia Ave, Sydney Olympic Park

302/1 Australia Ave, Sydney Olympic Park is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2011. The property has a land size of 4047m2.

Building Type
Unit
Year Built
2011
Land Size
4047m2
Local Government
City Of Parramatta
Lot/Plan
7/SP91684

Last Listing description (August 2023)

25% below market rent for eligible applicants - Market Rent $1,100 per week Subsidised rent: $780 per week

3 bedroom apartment situated in the heart of Sydney Olympic Park, minutes away from restaurants, cafes, public transport, parklands and variety of sport venues.


This apartment features:
- Three great sized bedrooms
- Built-in wardrobes-
- Ensuite in main bedroom
- Open kitchen with gas cooking and stainless steel appliances
- Built-in dishwasher and microwave
- Internal laundry with dryer (washing machine is not part of the lease)
- Ducted a/c
- Balcony
- Secured basement double parking and storage cage

Eligibility criteria:

- Australian permanent resident or citizen and not own or part own any property within Australia or overseas;
- Priority given to athletes, coaches, training staff in sports/development programs training or working within the LGA of Sydney Olympic Park;
- Essential workers in health care, education, child care, aged care, emergency services, community services, retail and hospitality within the LGA of Sydney Olympic Park


Income eligibility (Gross Annual Income):
Single Adult $51,700 (minimum) $77,600 (maximum)
Two Adults $77,600 (minimum) $116,400 (maximum)
Sole Parent + 1 Child $67,200 (minimum) $100,900(maximum)
Sole Parent + 2 Children $82,700 (minimum) $124,200 (maximum)
Couple + 1 Child $93,100 (minimum) $139,700 (maximum)
Couple + 2 Children $108,600 (minimum) $163,000 (maximum)

*Other household complements may apply, income criteria will vary based on the amount of household members.
**Applicants will be required to supply supporting documents to determine applicant eligibility

Disclaimer - "All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries".

Property History for 302/1 Australia Ave, Sydney Olympic Park, NSW 2127

A timeline of how this property has performed in the market
Listed for Rent
$780/w
28 Aug 2023
  • 31 Jul 2023
    Listed for Rent $780 / week
  • 14 Feb 2019
    Listed for Rent $540 / week

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About Sydney Olympic Park 2127

The size of Sydney Olympic Park is approximately 6.7 square kilometres. It has 25 parks covering nearly 67.8% of total area. The population of Sydney Olympic Park in 2011 was 64 people. By 2016 the population was 1,747 showing a population growth of 2629.7% in the area during that time. The predominant age group in Sydney Olympic Park is 30-39 years. Households in Sydney Olympic Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sydney Olympic Park work in a professional occupation. In 2006, 31.6% of the homes in Sydney Olympic Park were owner-occupied compared with 31.5% in 2016..

Sydney Olympic Park has 3,087 properties. Over the last 5 years, Houses in Sydney Olympic Park have seen a -26.51% decrease in median value, while Units have seen a 3.64% increase. As at 31 October 2024:

  • The median value for Houses in Sydney Olympic Park is $807,647 while the median value for Units is $732,900.
  • Houses have a median rent of $525 while Units have a median rent of $700.
There are currently 23 properties listed for sale, and 20 properties listed for rent in Sydney olympic park on OnTheHouse. According to CoreLogic's data, 118 properties were sold in the past 12 months in Sydney olympic park.

Suburb Insights for Sydney Olympic Park 2127

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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.