FOR SALE
For Sale I $1,448,000

52 Hendy Avenue
Panania NSW 2213

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 772m2
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772sqm development site in the heart of Revesby / Panania (STCA)

Attention all visionary developers, creative renovators or astute investors! A remarkable opportunity has emerged making its debut on the market after more than half a century. Sitting proudly on the high side of the street, this enormous 772sqm block is sure to be popular.
Property Flyover:
- Original yet rentable 3-bedroom home ($550-$600pw).
- High side of the street.
- Sprawling 772sqm block.
- Well over 15m at the building line (potential development site STCA).
- Native tree and easement free.
- North facing backyard.
- Central location within 700m to Revesby Train Station (express trains to the city / airport) & shops.
- Quiet street.
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Property Details for 52 Hendy Ave, Panania

52 Hendy Ave, Panania is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 772m2. The place is currently for sale with PRD Real Estate Riverview & Panania.

Building Type
House
Land Size
772m2

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About Panania 2213

The size of Panania is approximately 4.7 square kilometres. It has 21 parks covering nearly 15.8% of total area. The population of Panania in 2011 was 11,489 people. By 2016 the population was 12,428 showing a population growth of 8.2% in the area during that time. The predominant age group in Panania is 40-49 years. Households in Panania are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Panania work in a professional occupation. In 2011, 72.6% of the homes in Panania were owner-occupied compared with 69.7% in 2016.

Panania has 5,323 properties. Over the last 5 years, Houses in Panania have seen a 67.42% increase in median value, while Units have seen a 44.86% increase. As at 30 September 2024:

  • The median value for Houses in Panania is $1,484,341 while the median value for Units is $995,859.
  • Houses have a median rent of $800 while Units have a median rent of $590.
There are currently 15 properties listed for sale, and 10 properties listed for rent in Panania on OnTheHouse. According to CoreLogic's data, 197 properties were sold in the past 12 months in Panania.

Suburb Insights for Panania 2213

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Dominic Blachon
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PRD Real Estate Riverview & Panania
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.