16 George StreetMarrickville NSW 2204
Property Details for 16 George St, Marrickville
16 George St, Marrickville is a 8 bedroom, 4 bathroom House with 4 parking spaces and was built in 1970. The property has a land size of 430m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in October 2024.
Last Listing description (December 2024)
Absolutely fabulous opportunity. 4 apartments on one title. The property is in need of full renovation. Possible extension or redevelopment subject to council approval. 2 storey walk up with full brick construction and tile roof.
All 4 are currently leased on expired agreements returning $480 per week each. This can easily be increased with renovation.
Superbly located in a quiet street just around the corner from Marrickville Park. Close to shops and transport with light rail in less than 20mins walk.
The property comprises 4 x 2 bedroom flats each with combined lounge and dining rooms, kitchenette's, bathrooms and laundries.
The land measures approximately 430 square meters with a driveway to rear garden and plenty of space for off-street parking. Frontage approximately 11.735 metres.
Bring your imagination to improve this sound investment.
Gross annual return $99,840.00
Council rates $1026.00 per quarter
Water rates $976.00 per quarter
Land Value $1,910,000.00 (1/7/22)
Land 430sqm - Frontage 11.73m
Property History for 16 George St, Marrickville, NSW 2204
- 19 Oct 2024Sold for $2,775,000
- 24 Sep 2024Listed for Sale Sold At Auction
- 25 Oct 2018Listed for Rent $385 / week
Recent sales nearby
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0About Marrickville 2204
The size of Marrickville is approximately 5.8 square kilometres. There are 23 parks, covering nearly 10.8% of the total area. The population of Marrickville in 2016 was 26592 people. By 2021 the population was 26570 showing a population decline of 0.1% in the area during that time. The predominant age group in Marrickville is 30-39 years. Households in Marrickville are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Marrickville work in a professional occupation.In 2021, 51.30% of the homes in Marrickville were owner-occupied compared with 51.20% in 2016.
Marrickville has 15,366 properties. Over the last 5 years, Houses in Marrickville have seen a 15.00% increase in median value, while Units have seen a 17.71% increase. As at 31 July 2026:
- The median value for Houses in Marrickville is $2,126,505 while the median value for Units is $940,181.
- Houses have a median rent of $1,050 while Units have a median rent of $700.
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