16 Renown AvenueWiley Park NSW 2195
Property Details for 16 Renown Ave, Wiley Park
16 Renown Ave, Wiley Park is a 18 bedroom, 9 bathroom Unit. The property has a land size of 988m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 18 bedroom Unit sold in Wiley Park in the last 12 months.
Last Listing description (November 2024)
Tightly held, blue chip investment block of 9 units comprising of 7 x 2 bedroom, 1 x 3 bedroom & 1 x 1 bedroom units in prime location sitting on a healthy 961.1sqm block of land. Some standout features include:
- 7 x 2 bedroom, 1 x 3 bedroom & 1 x 1 bedroom units
- All with open plan living & dining areas
- Most units have updated kitchens, some have older style kitchens
- All units have older style bathrooms
- All units have internal laundries
- Solid full brick construction
- 8 units have allocated parking (potential for more)
- Zoned: R3 medium density residential
- Frontage: 15.24m Land size: 961.1sqm
- Only 550m to Wiley Park shops & train station
- Potential gross return of 6.5% based on projected rental return
The property is under rented and has an existing annual rental income of $186,160 (1 x 2 bedroom unit is vacant) with potential rental upside to increase rents in line with market and current demand to $234,000 (conservatively)
Golden opportunity for the astute investor to capitalise on this wonderful offering and reap the rewards to unlock this properties potential.
Council rates: $8,208 per annum approx.
Water rates: $10,296 per annum approx.
CONTACT: Marc Dissinger 0413 750 868 or marc@ralphfirst.com.au
Property History for 16 Renown Ave, Wiley Park, NSW 2195
- 27 Jul 2024Sold for $3,700,000
- 30 Jun 2024Listed for Sale Sold at Auction
- 30 Jan 2020Listed for Rent $280 / week
Commute Calculator
Recent sales nearby
See more recent sales nearby/assets/perm/guaujt5454i6ni4xbwxznkochi?signature=22f20022ee613e70b1885b99364db8a20122ecf06471f91d82566640f6da0f1b){kind=logo}
0/assets/perm/hzag2qn6dqi6nbfod4euuwzds4?signature=aa3895f2abbb953f598b25676c02e7c12208ec1c786c0d0affec200fefb47099){kind=logo}
0
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About Wiley Park 2195
The size of Wiley Park is approximately 1.4 square kilometres. It has 2 parks covering nearly 6.6% of total area. The population of Wiley Park in 2011 was 9,697 people. By 2016 the population was 10,121 showing a population growth of 4.4% in the area during that time. The predominant age group in Wiley Park is 30-39 years. Households in Wiley Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wiley Park work in a labourer occupation. In 2011, 47.3% of the homes in Wiley Park were owner-occupied compared with 39.5% in 2016.
Wiley Park has 4,145 properties. Over the last 5 years, Houses in Wiley Park have seen a 64.81% increase in median value, while Units have seen a 17.15% increase. As at 31 October 2024:
- The median value for Houses in Wiley Park is $1,347,971 while the median value for Units is $481,802.
- Houses have a median rent of $700 while Units have a median rent of $500.
Suburb Insights for Wiley Park 2195
Market Insights
Wiley Park Trends for Houses
N/A
N/A
View TrendN/A
N/A
Wiley Park Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
