249 Edmondson AvenueAustral NSW 2179
Property Details for 249 Edmondson Ave, Austral
Last Listing description (February 2017)
CBRE and Savills have the pleasure in offering For Sale via Expressions of Interest a large retail mixed use and residential development site on the corner of Edmondson Ave and Tenth Avenue, Austral NSW within the South West Growth Centre, Austral Town Centre. This Information Memorandum provides details of this strategic opportunity, the property and proposed sales method.
The site is situated in Austral Town Centre facing Edmondson and Tenth Avenues. The property is a unique offering and the precinct presents favourable zoning controls offering tremendous development potential.
B1 Neighbourhood Centre
Close proximity to M7 and M5 Motorways
Approximately 35kms to Sydney CBD
Approximately 1.5km from Leppington Train Station
Potential for 290 units (STCA)
Exposure to the rapidly growing residential market in south west Sydney
Frontage to Edmondson Avenue and Tenth Avenue
Key site - Austral Town Centre
Property History for 249 Edmondson Ave, Austral, NSW 2179
- 21 Dec 2023Sold for $28,000,000
- 15 Dec 2016Sold for $11,250,000
- 29 Feb 2016Listed for Sale Contact Agent
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0About Austral 2179
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 9,291 properties. Over the last 5 years, Houses in Austral have seen a -52.25% decrease in median value, while Units have seen a 56.57% increase. As at 31 August 2024:
- The median value for Houses in Austral is $919,992 while the median value for Units is $814,398.
- Houses have a median rent of $740 while Units have a median rent of $490.
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