OFF MARKET

1 Palermo Place
Allambie Heights NSW 2100

Bedrooms: 3
Bathrooms: 2
Car spaces: -
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Last updated 11 Nov 2024
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Property Details for 1 Palermo Pl, Allambie Heights

1 Palermo Pl, Allambie Heights is a 3 bedroom, 2 bathroom House.

Building Type
House
Local Government
Northern Beaches

Last Listing description (July 2022)

Lovingly held by the same owner for almost 50 years, this double brick home presents an ideal opportunity to renovate from a solid shell or create the ultimate brand new home (STCA). Placed on 553sqm of level land in a corner position, the current home is well configured with a bright living and dining space flowing to the elevated terrace capturing leafy districts views. Set in a quiet cul-de-sac just a short stroll from Allambie Heights Public School, shops and transport to City and Manly beach.

* Solid double brick construction, ideal foundations for renovation

* Commanding 32m street frontage on Palermo Place, elevated setting
* Premium corner position in a quiet family friendly cul-de sac
* Oversized garage with workshop, plus 3 adjacent storage rooms with huge potential to be converted into liveable spaces
* Hardwood flooring concealed by carpet throughout
* Spacious bedrooms with built-in wardrobes, high ceilings
* External access to basement laundry with second bathroom
* Deep level rear yard, fully enclosed with mature gardens
* Short stroll to Allambie Heights village, shops and school
* Minutes to NB Hospital, Warringah Mall and an array of beaches

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Property History for 1 Palermo Pl, Allambie Heights, NSW 2100

A timeline of how this property has performed in the market
  • 04 May 2022
    Listed for Sale SOLD!! By Casey Faets

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About Allambie Heights 2100

The size of Allambie Heights is approximately 6.5 square kilometres. It has 19 parks covering nearly 59.4% of total area. The population of Allambie Heights in 2011 was 6,741 people. By 2016 the population was 7,001 showing a population growth of 3.9% in the area during that time. The predominant age group in Allambie Heights is 40-49 years. Households in Allambie Heights are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Allambie Heights work in a professional occupation. In 2011, 77.2% of the homes in Allambie Heights were owner-occupied compared with 78.3% in 2016.

Allambie Heights has 2,573 properties. Over the last 5 years, Houses in Allambie Heights have seen a 57.07% increase in median value, while Units have seen a 33.28% increase. As at 31 October 2024:

  • The median value for Houses in Allambie Heights is $2,448,813 while the median value for Units is $1,208,161.
  • Houses have a median rent of $1,188 while Units have a median rent of $555.
There are currently 16 properties listed for sale, and 4 properties listed for rent in Allambie heights on OnTheHouse. According to CoreLogic's data, 81 properties were sold in the past 12 months in Allambie heights.

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