2/62-72 Queen StreetAuburn NSW 2144
Property Details for 2/62-72 Queen St, Auburn
Last Listing description (October 2019)
For Sale by Deadline Private Treaty offers closing Thursday 11 October 2018
High 8% Yield Expected
Long 10 year lease to growing Alpha Omega College to 2027 + option to 2037
Alpha Omega Senior College offering full day classes & established in 2011
Town centre location near railway station, buses & Parramatta Road
Auburn: densely populated centre, home to over 37,000 people
Massive education demand from high population growth
Adjacent to Woolworths anchored shopping centre, ample customer parking
Surrounded by high density apartment blocks with more being built
Centre of the retail, medical, professional and Government precinct
Guaranteed rental growth, fixed 3% annual rental increases (circa $500,000 in 2026)
Net Income: $383,176 pa + GST
Indicative Price: $4,787,500
Property History for 2/62-72 Queen St, Auburn, NSW 2144
- 04 Dec 2019Sold for $4,750,000
- 18 Dec 2018Sold for $4,650,000
- 05 Mar 2018Listed for Sale Not Disclosed
Recent sales nearby
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About Auburn 2144
The size of Auburn is approximately 8.6 square kilometres. There are 38 parks, covering nearly 11.7% of the total area. The population of Auburn in 2016 was 37366 people. By 2021 the population was 39333 showing a population growth of 5.3% in the area during that time. The predominant age group in Auburn is 20-29 years. Households in Auburn are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Auburn work in a labourer occupation.In 2021, 45.00% of the homes in Auburn were owner-occupied compared with 47.60% in 2016.
Auburn has 16,010 properties. Over the last 5 years, Houses in Auburn have seen a 65.98% increase in median value, while Units have seen a 17.79% increase. As at 30 April 2026:
- The median value for Houses in Auburn is $1,501,741 while the median value for Units is $588,711.
- Houses have a median rent of $750 while Units have a median rent of $650.
Suburb Insights for Auburn 2144
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