44 Drummond St, Belmore is a 0 bedroom, 0 bathroom House with 8 parking spaces and was built in 1970. The property has a land size of 1066m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
"Fully updated Boutique block of 8 x 2 B/R apartments on huge parcel of land - 1,058 sqm approximately"
All the hard work's been done with this well maintained and improved property. Highly suitable for the shrewd investor with potential to develop further subject to council approval.
- Comprises 8 x 2 B/R apartments & at least 8 x 1 car space for each
Gross Annual Return currently - $154,699.80 approximately
Annual Outgoings
Water rates - $8,071.84 approximately
Council rates - $7,056.00 approximately
Electricity - $342.27 approximately
Land taxable value 2021 - $1,550,000
Aris Dendrinos 0412 465 567
arisd@randw.com.au
www.facebook.com/randwmarrickville
The size of Belmore is approximately 2.8 square kilometres. It has 12 parks covering nearly 4.9% of total area. The population of Belmore in 2016 was 12718 people. By 2021 the population was 13781 showing a population growth of 8.4% in the area during that time. The predominant age group in Belmore is 30-39 years. Households in Belmore are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Belmore work in a professional occupation.In 2021, 52.90% of the homes in Belmore were owner-occupied compared with 52.90% in 2016.
Belmore has 6,560 properties. Over the last 5 years, Houses in Belmore have seen a 79.96% increase in median value, while Units have seen a 28.60% increase. As at 31 December 2025:
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