Back 4/488 Bunnerong Rd
Off Market

4/488 Bunnerong Rd

Matraville NSW 2036

2
1
1
Unit
Last sold for $740,000
Louise MorrinLouise Morrin, last sold this property on 01 March 2026 after 46 days on market.

Overview

Fabulous Investment or Ideal First Home with Lock Up Garage

Positioned in the heart of Matraville, this solid and stylish residence presents an exceptional opportunity-whether you're seeking a smart investment showing excellent returns or the perfect first home. Set in a boutique block of just six, this property offers the ideal blank canvas for adding personal touches and creating your own private retreat. Boasting parquetry floors, new paint plus a charming retro bathroom and well-appointed electric kitchen, the home exudes both comfort and character. The open-plan living and dining area is filled with natural light, while a built-in wardrobe, secure building access, and a lock up garage add to the convenience. Enjoy an unbeatable location directly opposite Peninsula Village shops, just 250m to Matraville Public School, and within easy reach of local cafes, transport, gyms, Heffron Park, and iconic Maroubra Beach. Features: • Affordable Matraville entry in a well-maintained shop-top block of 6 • Freshly painted with new lighting and blinds • Bright open-plan living/dining • Rent potential $700pw showing a great rental return • Functional electric kitchen and neat original bathroom with bathtub • 2 bedrooms, one with built-in, secure access building, pet-friendly • Buses to Redfern and Eastgardens nearby; Woolworths right across the street • Approx. 450m to Heffron Park, 2.9km to Maroubra Beach

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Matraville over the last 12 months, the estimated median property value of 4/488 Bunnerong Rd is $855k.

Median value
$855k
Estimated value range
$700k - $990k
Median days on market
68
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Matraville. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4/488 Bunnerong Rd

2026
Sold
$740,000
01 Mar 2026 by Louise Morrin, of Morrin Property
2026
Sold
01 Mar 2026 by Louise Morrin, of Morrin Property
2024
Rented
Undisclosed
Leased on 14 Oct 2024 by Century 21 Gilles

Happy sellers in Matraville

72%
72% of sellers in Matraville reported that their sale price either exceeded or met their price expectations.

Matraville stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 53 reviews in Matraville over the last 12 months.

Local market activity for 2 bedroom units in Matraville

In the last 12 months, 7 two-bedroom units similar to 4/488 Bunnerong Rd, have been sold.

This represents a 800% decrease in two-bedroom units sales when compared to the previous 12 months.

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