6 Banksia Pl, Arcadia is a 3 bedroom, 1 bathroom House and was built in 1960. The property has a land size of 18338m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in June 2019.
Perfect for the astute purchaser looking for a property with potential to develop further. This lovely acreage block is privately situated in a quiet no-through road just moments to Northolm Grammar School. The property is being offered for sale for the first time in 50 years and presents an older style home that you would either look to knock down and replace or extensively renovate.
The home is a single level 3 bedroom cottage complete with kitchen, rumpus room, light filled lounge room with Cyprus pine floors and open fire-place with sandstone surrounds, bathroom and laundry. Outdoors there is a concrete patio that provides northerly views to the native bushland at the rear of the block and westerly views out towards the Blue Mountains.
Underneath the house there is a large work-shop and basement area; perfect for trades; complete with electricity supply.
The size of Arcadia is approximately 22.4 square kilometres. It has 5 parks covering nearly 1.2% of total area. The population of Arcadia in 2011 was 1,305 people. By 2016 the population was 1,388 showing a population growth of 6.4% in the area during that time. The predominant age group in Arcadia is 10-19 years. Households in Arcadia are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Arcadia work in a professional occupation. In 2011, 77% of the homes in Arcadia were owner-occupied compared with 85.1% in 2016.
Arcadia has 484 properties. Over the last 5 years, Houses in Arcadia have seen a 71.63% increase in median value, while Units have seen a 137.90% increase. As at 31 October 2024:
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