OFF MARKET

5 Park Avenue
Young NSW 2594

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 123m2
Land area: 1277m2
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Property Details for 5 Park Ave, Young

5 Park Ave, Young is a 3 bedroom, 1 bathroom House. The property has a land size of 1277m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
House
Floor Size
123m2
Land Size
1277m2
Local Government
Hilltops
Lot/Plan
2/DP809567

Last Listing description (March 2021)

DA APPROVED TO BE SUBDIVIDED INTO 3 LOTS 'The Old Railway House' is truly a unique opportunity to purchase a renovated home on a rare 1285m2* parcel of land at the end of the main street. With its close proximity to the main street the property is Ideal for redevelopment and is currently DA approved to subdivide the property into 3 separate allotments ,1 with the house on 429m2* and the other 2 allotments at 425m2* and 422m2* respectively.Features Include:Fully renovated 3-bedroom home positioned at the top end of the main streetWalking distance to Medical centers, beauticians, restaurants, and liquor landPolished timber floors, modern kitchen and bathroom, built-ins to bedroomsNear new wall mounted RC/AC also natural gas connected to the propertyThe perfect location for an investment with rental potential of $340/w Great opportunity to purchase now and 'land bank' while receiving a rental income or live in the home and redevelop the other 2 allotments at your own pace, the choice is yours!!*(approx)

Property History for 5 Park Ave, Young, NSW 2594

A timeline of how this property has performed in the market
Last Sold
$290,000
19 Jan 2021
Listed for Rent
$260/w
21 Oct 2015
  • 19 Jan 2021
    Sold for $290,000
  • 08 Dec 2020
    Listed for Sale $349,000
  • 13 Jun 2015
    Listed for Rent - Price not available
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About Young 2594

The size of Young is approximately 367.1 square kilometres. It has 44 parks covering nearly 1.9% of total area. The population of Young in 2011 was 10,038 people. By 2016 the population was 10,305 showing a population growth of 2.7% in the area during that time. The predominant age group in Young is 0-9 years. Households in Young are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Young work in a labourer occupation. In 2011, 67.2% of the homes in Young were owner-occupied compared with 65.3% in 2016.

Young has 6,070 properties. Over the last 5 years, Houses in Young have seen a 76.88% increase in median value, while Units have seen a 90.18% increase. As at 30 September 2024:

  • The median value for Houses in Young is $455,537 while the median value for Units is $373,945.
  • Houses have a median rent of $400 while Units have a median rent of $275.
There are currently 93 properties listed for sale, and 18 properties listed for rent in Young on OnTheHouse. According to CoreLogic's data, 251 properties were sold in the past 12 months in Young.

Suburb Insights for Young 2594

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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.