SOLD
Sold on 12 Dec 2023 for $1,660,000

5 Shadforth Street
Wiley Park NSW 2195

Bedrooms: 20
Bathrooms: 20
Car spaces: -
Floor area: 112m2
Land area: 635m2
Sold By
Karem Lakiss
Mayfair Real Estate
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Property Details for 5 Shadforth St, Wiley Park

5 Shadforth St, Wiley Park is a 20 bedroom, 20 bathroom House and was built in 1950. The property has a land size of 635m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 20 bedroom House sold in Wiley Park in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
112m2
Land Size
635m2
Local Government
Canterbury-Bankstown
Lot/Plan
158/DP7298

Last Listing description (February 2024)

Mayfair Real Estate are pleased to offer 5 Shadforth St, Wiley Park
The Site offers buyers a prime opportunity to secure a DA approved site for a three storey new-gen boarding house containing 20 self-contained rooms and only half a basement.
Situated only 300m from Wiley Park station, and surrounded by local amenities such as shops and parklands this site is positioned perfectly to take advatge of the current upgrade to the Sydney Metro Line.

With the rental market exceptionally competitive at the moment, this is an ideal opportunity to capitalise on the growing rental demand for affordable accommodation in the area.

Key Features:
- Site Area of 702sqm*
- DA approved for 20 self contained rooms
- Ground floor communal room
- Efficient design and build
- Three (3) storey building over a half basement
- All rooms are fully self contained
- Generous sized rooms
- Strategically located only 300m from Wiley Park Station
- $400,000 per year estimated rental return
- Strong potential for high rental return and growth

*approximately

Property History for 5 Shadforth St, Wiley Park, NSW 2195

A timeline of how this property has performed in the market
Last Sold
$1,660,000
12 Dec 2023
Listed for Rent
12 Dec 2023
  • 12 Dec 2023
    Sold for $1,660,000
  • 01 Dec 2023
    Listed for Rent $700 / week
  • 05 Sep 2023
    Listed for Sale Contact Agent
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About 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 4,147 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.
There are currently 18 properties listed for sale, and 12 properties listed for rent in Wiley park on OnTheHouse. According to CoreLogic's data, 179 properties were sold in the past 12 months in Wiley park.

Suburb Insights for Wiley Park 2195

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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.