14 Derowie AvenueHomebush NSW 2140
Property Details for 14 Derowie Ave, Homebush
14 Derowie Ave, Homebush is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 478m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in August 2012.
Last Listing description (December 2017)
This is a great opportunity to own this high return income property (leased for $ 650 per week). The development opportunity is huge, as, if combined with the neighbouring properties there is the potential for a 25 storey high block of flats with a huge income return. The properties are a few metres away from Parramatta road and in close proximity to a station, bus services, schools, shopping areas and the famous Bakehouse Quarter.
Other features of the property:
-478 sqm of land, 4 bedrooms, 2 bathrooms
-Surrounded by existing sold and successful projects;
-Level site with potential to add to the existing opportunity;
-The Parramatta Road Urban Renewal presents an increase in existing controls and a future environment of parklands, cycleways, improved transport and less noise and air pollution;
-11km from the CBD on major transport routes where market demand continues to grow.
Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it.
Property History for 14 Derowie Ave, Homebush, NSW 2140
- 04 Sep 2017Listed for Sale $3,600,000
- 30 Aug 2012Sold for $800,000
- 06 May 2011Listed for Sale Not Disclosed
Recent sales nearby
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0About Homebush 2140
The size of Homebush is approximately 2.1 square kilometres. It has 12 parks covering nearly 15.9% of total area. The population of Homebush in 2016 was 7007 people. By 2021 the population was 11660 showing a population growth of 66.4% in the area during that time. The predominant age group in Homebush is 30-39 years. Households in Homebush are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Homebush work in a professional occupation.In 2021, 40.90% of the homes in Homebush were owner-occupied compared with 45.30% in 2016.
Homebush has 6,431 properties. Over the last 5 years, Houses in Homebush have seen a 23.74% increase in median value, while Units have seen a 11.74% increase. As at 30 April 2026:
- The median value for Houses in Homebush is $2,571,823 while the median value for Units is $700,850.
- Houses have a median rent of $900 while Units have a median rent of $720.
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