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Sold on 22 Mar 2024 for $600,000

2/2A Farquhar Street
The Junction NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 2/2a Farquhar St, The Junction

2/2a Farquhar St, The Junction is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in The Junction in the last 12 months.

Building Type
Unit

Last Listing description (March 2024)

Defined by its phenomenal location, this entry-level opportunity will greatly appeal to investors seeking a reliable income or anyone wanting to live amongst the action. Largely original, it has a great layout of open plan living and two bedrooms separated by the bathroom. The balcony is the best in the complex offering a view directly over the gardens, it's a lovely place to sit and watch visiting birdlife. Its sensational address is the jewel in the crown, walk to hip cafes, bespoke shopping, The Junction Fair, Bar Beach, National Park, Harris Farm and so much more.

* First-floor unit with open plan living flowing out to a pretty balcony
* Original kitchen appointed with a gas cooker and split-system AC

* Two bedrooms, both with BIR
* Updated bathroom with seperate toilet
* Scope to modernise and create a chic inner-city sanctuary
* Prized single garage to keep the car safe while you walk everywhere
* Steps to the village heart, a collection of pubs and vibrant cafes
* Coastal and city convenience, this is a highly sought-after location

Council Rates: $1,148 PA approx
Water Rates: TBA
Rental Potential: $400 PW approx

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Property History for 2/2a Farquhar St, The Junction, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$600,000
22 Mar 2024
  • 22 Mar 2024
    Sold for $600,000
  • 26 Feb 2024
    Listed for Sale For Sale $600,000 - $650,000

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About The Junction 2291

The size of The Junction is approximately 0.3 square kilometres. It has 1 park covering nearly 4.4% of total area. The population of The Junction in 2011 was 1,495 people. By 2016 the population was 1,048 showing a population decline of 29.9% in the area during that time. The predominant age group in The Junction is 20-29 years. Households in The Junction are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in The Junction work in a professional occupation. In 2011, 50.1% of the homes in The Junction were owner-occupied compared with 57.9% in 2016.

The Junction has 729 properties. Over the last 5 years, Houses in The Junction have seen a 64.65% increase in median value, while Units have seen a 41.64% increase. As at 28 February 2025:

  • The median value for Houses in The Junction is $1,953,306 while the median value for Units is $884,084.
  • Houses have a median rent of $700 while Units have a median rent of $580.
There are currently 2 properties listed for sale, and 2 properties listed for rent in The junction on OnTheHouse. According to CoreLogic's data, 31 properties were sold in the past 12 months in The junction.

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John Kerr
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DALTON PARTNERS - The Junction
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