SOLD
Sold on 28 Nov 2023 for $1,215,000

2 Murralin Lane
Sylvania NSW 2224

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 107m2
Land area: 588m2
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Property Details for 2 Murralin Lane, Sylvania

2 Murralin Lane, Sylvania is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 588m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom House sold in Sylvania in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
107m2
Land Size
588m2
Local Government
Sutherland
Lot/Plan
60/DP1046191

Last Listing description (January 2024)

Embrace the essence of convenience and opportunity in this remarkable property! Take advantage of the rental return of $900 per week total from upstairs and downstairs tenants, Council Approved Duplex Plans, or occupy the family home and enjoy.

Upstairs features 3 bedrooms, 2 with built-in-robes and main bathroom with separate bath and shower. The open-plan living connects the air-conditioned lounge room to the spacious kitchen, study area and dining space. Downstairs is self-contained with an oversized bedroom, kitchenette, living space and bathroom.

-DA Council approved plans for 2x 4 Bedroom Duplexes zoned R3

-Two rental income streams at $900 total per week from upstairs and downstairs tenant
-Large and spacious light-filled family living area
-Paved and private backyard excellent for entertaining
-Grassed front yard with a shed and off-street parking
-Central location, just moments from Southgate Shopping Centre, Schools and bus hubs

Council - $531.00 Approx PQ
Water - $148 PQ Approx + Usage PQ

When looking at properties it's important to have confidence in how much you can borrow. As Ray White are partnered with Loan Market they can make this simple and easy for you. Should you wish to know your borrowing powers simply go to www.loanmarket.com.au/brokers/jason-wylie now and our Loan Market broker will be in touch.

Property History for 2 Murralin Lane, Sylvania, NSW 2224

A timeline of how this property has performed in the market
Last Sold
$1,215,000
28 Nov 2023
Listed for Rent
17 Jul 2011
  • 28 Nov 2023
    Sold for $1,215,000
  • 07 Nov 2023
    Listed for Sale Auction | Guide $1,100,000
  • 06 Feb 2020
    Listed for Sale DUPLEX SITE - COUNCIL APPROVED
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About Sylvania 2224

The size of Sylvania is approximately 4.4 square kilometres. It has 11 parks covering nearly 4% of total area. The population of Sylvania in 2011 was 9,729 people. By 2016 the population was 10,489 showing a population growth of 7.8% in the area during that time. The predominant age group in Sylvania is 40-49 years. Households in Sylvania are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Sylvania work in a professional occupation. In 2011, 73.8% of the homes in Sylvania were owner-occupied compared with 75.5% in 2016.

Sylvania has 5,088 properties. Over the last 5 years, Houses in Sylvania have seen a 49.61% increase in median value, while Units have seen a 43.59% increase. As at 31 July 2024:

  • The median value for Houses in Sylvania is $1,965,533 while the median value for Units is $1,206,020.
  • Houses have a median rent of $950 while Units have a median rent of $800.
There are currently 26 properties listed for sale, and 9 properties listed for rent in Sylvania on OnTheHouse. According to CoreLogic's data, 206 properties were sold in the past 12 months in Sylvania.

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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.