FOR SALE
Buyers Guide: $1,450,000

12 Parmal Avenue
Padstow NSW 2211

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 828.3m2
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Auction Time
Wed 6 Nov 6:30 pm
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No upcoming inspections scheduled.
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Prime Position - Land Bank Today with R4 Zoning & 1:1 Ratio!

Red Carpet Event | Wednesday, 6th November, at the Revesby Workers Club (2B Brett St, Revesby) at 6:30pm. Registrations from 6:00pm.
Enjoying a premier position in a highly sought-after cul-de-sac and only 600m to the heart of Padstow cafes, shops and train station, this residence offers a lifestyle of low maintenance convenience and unquestionable possibility.
Set on 828.3 sqm with a 14.3 m street frontage, there is scope to create a granny flat (subject to approval) or land bank today with R4 zoning and 1:1 ratio with a current return of $540.00 per week and room for future capital growth. Enjoy the options of two separate front and rear living areas, separate dining, well maintained kitchen and double bedrooms. Tradesman will appreciate the huge side access to a massive yard and garage/workshop.
Just an 8-minute walk to Padstow train station, this is an opportunity that is not to be missed.
Features include:
- Choice of formal and informal living areas, separate dining
- Well maintained kitchen and main bathroom + 2nd toilet
- R4 zoning and 1:1 ratio, current rental return of $540.00 p/w
- Granny flat potential on 828.3 sqm with a 14.3 m frontage
- Massive kids' friendly backyard with loads of future potential
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Property Details for 12 Parmal Ave, Padstow

12 Parmal Ave, Padstow is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 828.3m2. The place is currently for sale with LJ Hooker Padstow.

Building Type
House
Land Size
828.3m2

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About Padstow 2211

The size of Padstow is approximately 5.5 square kilometres. It has 20 parks covering nearly 10.9% of total area. The population of Padstow in 2011 was 12,716 people. By 2016 the population was 13,287 showing a population growth of 4.5% in the area during that time. The predominant age group in Padstow is 50-59 years. Households in Padstow are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Padstow work in a professional occupation. In 2011, 70% of the homes in Padstow were owner-occupied compared with 67.2% in 2016.

Padstow has 6,232 properties. Over the last 5 years, Houses in Padstow have seen a 66.34% increase in median value, while Units have seen a 33.18% increase. As at 30 September 2024:

  • The median value for Houses in Padstow is $1,460,248 while the median value for Units is $915,334.
  • Houses have a median rent of $795 while Units have a median rent of $590.
There are currently 23 properties listed for sale, and 21 properties listed for rent in Padstow on OnTheHouse. According to CoreLogic's data, 282 properties were sold in the past 12 months in Padstow.

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Lush Pillay
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Emma Wallekers
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LJ Hooker Padstow
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