16 Payten StreetMenangle Park NSW 2563
Property Details for 16 Payten St, Menangle Park
16 Payten St, Menangle Park is a 5 bedroom, 2 bathroom House. The property has a land size of 1069m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 5 bedroom House sold in Menangle Park in the last 12 months.
Last Listing description (November 2024)
A unique opportunity to purchase a 1065m2 flat 100% usable block in the incredible growth area of Menangle Park. Located walking distance to the train station and Menangle Paceway or to the stunning Menangle Park Country Club.
The home has its challenges requiring updating to bring up to spec, currently renting for $450pw the property is solid brick walls downstairs with functioning bathrooms and Kitchen with 5 bedrooms.
The potential for this property is to buy a large block in a sort after growth area, the property could be upgraded or considered as land value with the view of utilising the land for the buyers’ specific preferences.
The property is zoned R2 Low Density Residential
The property shown via open home on Saturdays, see dates and times.
See attached the government 2040 growth strategy outlining the plans for this area, with the new freeway on and off ramp recently completed giving quick access.
Disclaimer: Whilst every effort is taken to ensure the accuracy of this listing, we accept no responsibility for errors or omissions. We encourage you to seek your own independent legal and / or financial advice prior to making any commitment or decision.
Property History for 16 Payten St, Menangle Park, NSW 2563
- 21 Nov 2024Sold
- 17 Oct 2024Listed for Sale Sold
- 25 Feb 2011Sold for $420,000
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About Menangle Park 2563
The size of Menangle Park is approximately 13.3 square kilometres. It has 2 parks covering nearly 0.3% of total area. The population of Menangle Park in 2011 was 348 people. By 2016 the population was 244 showing a population decline of 29.9% in the area during that time. The predominant age group in Menangle Park is 10-19 years. Households in Menangle Park are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Menangle Park work in a community and personal service occupation. In 2011, 55.7% of the homes in Menangle Park were owner-occupied compared with 51.8% in 2016.
Menangle Park has 975 properties. Over the last 5 years, Houses in Menangle Park have seen a 49.17% increase in median value, while Units have seen a 20.73% increase. As at 30 November 2024:
- The median value for Houses in Menangle Park is $1,077,725 while the median value for Units is $603,137.
- Houses have a median rent of $690.
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