SOLD
Sold on 27 May 2024 for $426,000

8/2 Melrose Avenue
Wiley Park NSW 2195

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 1834m2
Sold By
Ralph First Real Estate
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Property Details for 8/2 Melrose Ave, Wiley Park

8/2 Melrose Ave, Wiley Park is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1973. The property has a land size of 1834m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Wiley Park in the last 12 months.

Building Type
Unit
Year Built
1973
Floor Size
60m2
Land Size
1834m2
Local Government
Canterbury-Bankstown
Lot/Plan
8/SP6647

Last Listing description (July 2024)

Set back from the street in a tranquil setting & ensuring complete privacy is the updated 2 bedroom residence which would be ideal for the first home buyer or astute investor as this property has the potential to for rent for around $520 per week. Some standout features include:

- 2 bedrooms (main with big built-in)
- Generous living & dining area

- Updated kitchen & bathroom
- Nicely tiled throughout
- Balcony off living area
- Elevated ground floor position (above the garages)
- Internal laundry
- Lock up garage (15.6sqm)
- Strata levies: $744.30 per quarter

Internal size: 65.1sqm
Total area: 80.7sqm

Unique offering which is sure to sell fast so act fast to avoid disappointment!!

CONTACT: Marc Dissinger 0413 750 868 or marc@ralphfirst.com.au

Property History for 8/2 Melrose Ave, Wiley Park, NSW 2195

A timeline of how this property has performed in the market
Last Sold
$426,000
27 May 2024
Listed for Rent
$300/w
17 Mar 2022
  • 27 May 2024
    Sold for $426,000
  • 23 Apr 2024
    Listed for Sale Under contract | Marc Dissinger
  • 22 Dec 2021
    Listed for Rent - Price not available
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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 4,144 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 17 properties listed for sale, and 10 properties listed for rent in Wiley park on OnTheHouse. According to CoreLogic's data, 181 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.