175 Eleventh Ave, Austral is a 6 bedroom, 0 bathroom House with 4 parking spaces. The property has a land size of 4059m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
CBRE, is pleased to present 175 Eleventh Avenue, Austral to the market. The property represents a fantastic opportunity to acquire a value-add site in the booming South West Growth Precinct. The subject property boasts a vast land area of 4,059sqm* and is located only moments away from public transport, making it easily accessible to Bringelly and Liverpool CBD. 175 Eleventh Avenue benefits from R2 Low Density Residential zoning and no internal roads, allowing for the potential to yield 12 Torrens Title lots (STCA). The property is currently improved as a duplex featuring 2 and 4 bedrooms respectively at the front of the land, generating approximately $50,000 in rental income per annum.
Located in the heart of the thriving South-West growth precinct, 175 Eleventh Avenue is within proximity to upcoming developments including the Western Sydney International Airport (due for completion in 2026), Bringelly Road upgrades and the Outer Sydney Orbital. All of these developments are set to boost the local economy by providing employment opportunities and increasing local demand.
The size of Austral is approximately 15.6 square kilometres. It has 6 parks covering nearly 5.4% of total area. The population of Austral in 2011 was 3,023 people. By 2016 the population was 3,014 showing a population decline of 0.3% in the area during that time. The predominant age group in Austral is 40-49 years. Households in Austral are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Austral work in a trades occupation. In 2011, 67.3% of the homes in Austral were owner-occupied compared with 60.5% in 2016.
Austral has 9,357 properties. Over the last 5 years, Houses in Austral have seen a 29.10% increase in median value, while Units have seen a 62.97% increase. As at 31 October 2024:
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