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2/23 Military Rd, Merrylands NSW 2160

Merrylands Unit
Last sold $450,000 31 Mar 2025
Technical details
Title reference2/SP43492
Zoning2
Nature of propertyResidence
Primary purposeResidence
Valuation district261
Property ID2451971

How this sale compares

Sold for $450,000 in Mar 2025, unchanged from the $450,000 paid in Aug 2017.

Over the same period the median unit price in Merrylands fell 4%, from $546,000 in 2017 to $525,000 in 2025.

The 2025 sale was 14% below the Merrylands median unit price for that year ($525,000 across 441 sales).

Since then the median unit price in Merrylands has risen 3%, from $525,000 in 2025 to $540,000 over the last 12 months (282 sales).

Merrylands medians use NSW Valuer General sales of $50,000 or more, leaving out part-interest transfers and contracts covering several properties, and need at least 10 sales in the period. See Merrylands sold prices by year.

Rent and yield

Units in postcode 2160 rented for a median $620 a week, from 1,202 bonds lodged Oct 2025 to Sep 2026.

On its last sale of $450,000 on 31 Mar 2025, that rent is a gross yield of 7.2% a year, before costs and vacancies.

Median weekly rents from residential rental bonds lodged with NSW Fair Trading, by postcode. This home's own rent may differ. See rents by bedrooms in Merrylands.

Planning controls

Zone
R4 High Density Residential
Minimum lot size
900 m² For subdividing the whole site, not one unit
Maximum building height
15 m
Floor space ratio
1.2:1 Floor area allowed for each square metre of site

From the Cumberland Local Environmental Plan 2021 maps on the NSW Planning Portal, looked up at this address's map point on 22 Oct 2026. A control can cover only part of a site and plans change, so the council's planning certificate is the formal record. Planning data from the NSW Department of Planning, Housing and Infrastructure, CC BY 4.0.

Sale history

Sold is the contract date, when the sale was agreed. Settled is the date ownership transferred.

Beds Baths Cars Title reference
31 Mar 2025 12 May 2025 $450,000 - - - 2/SP43492
16 Aug 2017 27 Sep 2017 $450,000 - - - 2/SP43492
$450,000 Sold 31 Mar 2025
Settled12 May 2025
Beds-
Baths-
Cars-

Title reference: 2/SP43492

$450,000 Sold 16 Aug 2017
Settled27 Sep 2017
Beds-
Baths-
Cars-

Title reference: 2/SP43492

Other sales at 23 Military Rd

The most recent sales of other units in this building. See every sale in the building.

Beds Baths Cars Title reference
3 25 May 2026 22 Jun 2026 $448,000 - - - 3/SP43492
3 12 Mar 2022 26 Apr 2022 $380,000 - - - 3/SP43492
8 4 Aug 2021 15 Sep 2021 $390,000 - - - 8/SP43492
5 25 Oct 2018 12 Dec 2018 $370,000 - - - 5/SP43492
$448,000 Sold 25 May 2026
Unit3
Settled22 Jun 2026
Beds-
Baths-
Cars-

Title reference: 3/SP43492

$380,000 Sold 12 Mar 2022
Unit3
Settled26 Apr 2022
Beds-
Baths-
Cars-

Title reference: 3/SP43492

$390,000 Sold 4 Aug 2021
Unit8
Settled15 Sep 2021
Beds-
Baths-
Cars-

Title reference: 8/SP43492

$370,000 Sold 25 Oct 2018
Unit5
Settled12 Dec 2018
Beds-
Baths-
Cars-

Title reference: 5/SP43492

Recent sales on Military Rd

Sold in the last two years.

Recent sales nearby

Sold in the last 12 months within about 400 metres.

See all sold prices in Merrylands

Map