37 Tung Yeen St, Park Avenue is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1950. The property has a land size of 1071m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Park Avenue in the last 12 months.
Presenting as a wonderful opportunity for astute investors is this easy-care property, on a large corner block, close to the centre of town. The home is set across three spacious units each comprising a self-contained area.
Unit one has three bedrooms, one bathroom, a kitchen and an open-plan living and dining area.
The size of Park Avenue is approximately 4.6 square kilometres. It has 6 parks covering nearly 12% of total area. The population of Park Avenue in 2011 was 5,366 people. By 2016 the population was 5,089 showing a population decline of 5.2% in the area during that time. The predominant age group in Park Avenue is 20-29 years. Households in Park Avenue are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Park Avenue work in a trades occupation. In 2011, 60.3% of the homes in Park Avenue were owner-occupied compared with 61.8% in 2016.
Park Avenue has 2,678 properties. Over the last 5 years, Houses in Park Avenue have seen a 99.81% increase in median value, while Units have seen a 67.33% increase. As at 31 August 2024:
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