1 Prospect RoadSummer Hill NSW 2130
Property Details for 1 Prospect Rd, Summer Hill
1 Prospect Rd, Summer Hill is a 18 bedroom, 12 bathroom BlockOfUnits with 8 parking spaces. The property has a land size of 796m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 18 bedroom BlockOfUnits sold in Summer Hill in the last 12 months.
Last Listing description (August 2025)
An outstanding and rarely offered portfolio addition for the discerning investor, this three storey apartment block in a lifestyle driven locale is an exceptional acquisition opportunity in the heart of Summer Hill. With the option to enjoy as is with strong returns and long-term tenancy demand, this block offers 6 x 2 bedroom apartments and 6 x 1 bedroom apartments with the convenience of parking at the rear.
In close proximity to both Summer Hill and Ashfield villages, this property is an easy walk to Summer Hill village with the train station and boutique restaurants, and Ashfield shopping strip with a wide variety of specialty stores, grocers and the train station.
-An exciting, rare and highly versatile portfolio addition for the astute investor
-Opportunity to further capitalise and increase rental yield
-Potential to strata sub-divide (STCA)
-Parking available at the rear, shared laundry, each apartment has a balcony
-Select apartments offer modern interiors with updated bathrooms and kitchens
-This popular location offers long-term tenancy demands and low vacancies
-Located close to bus stops, Summer Hill and Ashfield train station
-Summer Hill village features excellent restaurants, leafy parks and fruit market
-Ashfield shopping strip offers a large variety of eateries, amenities and a Mall
Land size: 796.7sqm, approximately
In conjunction with IB Property
Steffan Ippolito 0403 347 111
https://www.ibproperty.com.au/
Property History for 1 Prospect Rd, Summer Hill, NSW 2130
- 29 Aug 2025Sold for $6,880,000
- 31 Jul 2025Listed for Sale Sold Prior to Auction
- 28 Oct 2019Listed for Rent $420 / week
Recent sales nearby
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About Summer Hill 2130
The size of Summer Hill is approximately 1.2 square kilometres. It has 12 parks covering nearly 4.6% of total area. The population of Summer Hill in 2016 was 7311 people. By 2021 the population was 7288 showing a population decline of 0.3% in the area during that time. The predominant age group in Summer Hill is 30-39 years. Households in Summer Hill are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Summer Hill work in a professional occupation.In 2021, 48.70% of the homes in Summer Hill were owner-occupied compared with 45.60% in 2016.
Summer Hill has 4,360 properties. Over the last 5 years, Houses in Summer Hill have seen a 25.49% increase in median value, while Units have seen a 30.69% increase. As at 30 April 2026:
- The median value for Houses in Summer Hill is $2,567,200 while the median value for Units is $1,043,837.
- Houses have a median rent of $925 while Units have a median rent of $670.
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