36 Cook Street, Turrella
SydNest Score: 3.3/5
Location 5 | Price 2 | Condition 2 | Amenities 3 | Neighbourhood 4
This three-bedroom brick home in Turrella has a granny flat / studio at the back and is a couple of minutes’ walk from the station. The home represents value compared with the other side of the Cooks River, especially considering the potential rental income.
Ideal for households with incomes from $240,000 to $390,000
The sales agent has not listed a guide, but made the listing appear above a search of $1.75 million, so I expect that to be the lower end of the guide.
Last sold 2006 for $500,000 and the valuation model suggests $2.05 million, with a maximum of $2.31 million.
At $2,100,000, a 20% deposit (at least $525,000 including stamp duty) could be affordable for those with household income of at least $320,000, probably down to $240,000 if it’s an investment.
If you have a 5% deposit (at least $210,000 including stamp duty), this unit could be attainable with household income of at least $390,000, probably down to $310,000 if it’s an investment.
Of course, these estimates are subject to so many things, which you can read about in my disclaimer.
What I love about Turrella
Close to public transport for easy commuting. It has its own station and is two stops from the Airport and a 20 minute trip into the city
Quiet, residential neighborhood with a community atmosphere.
Nearby parks and green spaces for outdoor activities.
Close to shops, cafes, and essential services.
Here's what the home offers
Three bedrooms with built-in wardrobes.
Spacious living and dining areas.
Modern kitchen with ample storage.
Two bathrooms.
One bedroom granny flat / studio at rear.
Lock-up garage and additional off-street parking.
Internal laundry.
Air conditioning.
If you like it
Good luck with the inspection, this Saturday at 11.15am.