53 Melrose Ave, Sylvania is a 2 bedroom, 2 bathroom House with 2 parking spaces and was built in 1947. The property has a land size of 2085m2 and floor size of 243m2. While the property is not currently for sale or for rent, it was last sold in August 2019.
This is the first and highest quality SMART off-the-plan townhouse project in Sydney developed by SMART HOLDINGS GROUP, one of the few leading smart construction companies in Australia.
This unique and boutique luxurious townhouse project was designed by award-winning architecture company Drew Dickson, they are the exclusive Smart Home designing company authorized by Smart Holdings Group.
The townhouse project is located in Sylvania, the most sought-after location for both mainstream society and new migrants, for both owner-occupiers and investors. Sylvania is one of the fastest-growing suburbs in NSW. It has average of 5% rental return and only 1.4% vacancy rate which attribute to its convenient location: 10 mins to Hurstville centre, 100 metres to Southgate shopping centre, 200 metres to Pacific Highway however, in a very quiet street. The project is also surrounded by 6 schools and child care facilities.
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 5,074 properties. Over the last 5 years, Houses in Sylvania have seen a 47.02% increase in median value, while Units have seen a 38.03% increase. As at 31 October 2024:
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