OFF MARKET

7 Farr Street
Banksia NSW 2216

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 115m2
Land area: 241m2
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Property Details for 7 Farr St, Banksia

7 Farr St, Banksia is a 3 bedroom, 1 bathroom House and was built in 1920. The property has a land size of 241m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
House
Year Built
1920
Floor Size
115m2
Land Size
241m2
Local Government
Bayside
Lot/Plan
1/DP928656

Last Listing description (April 2023)

RENOVATOR OR BUILDER'S DELIGHT!

Invest a little love and care, and you'll be rewarded with a truly special home with timeless appeal.

Very rare would you find a property that you can turn from a lump of coal into a diamond. Here is an opportunity to acquire this home that sits in a quiet tree line street and very rarely comes for sale. It is ready for the next owners to bring into the 21st Century.

In total need of renovation, the home consists of generous size bedrooms and great sunny backyard.

Offering easy access to an array of lifestyle options, only a few minutes' walk to Banksia Station for a quick commute to Sydney CBD and Airport, and all other amenities.

Features include:
- Approx. 240 sqm block
- Large three-bedrooms
- Wide entrance hallway with high ceilings
- Functional kitchen
- Open plan lounge and dining area
- Tiled bathroom
- Level block of land

Secure this property today and begin creating your future dream home.

Property History for 7 Farr St, Banksia, NSW 2216

A timeline of how this property has performed in the market
Last Sold
$750,000
11 Jul 2022
  • 17 Apr 2023
    Listed for Sale RECENT SALES
  • 11 Jul 2022
    Sold for $750,000
  • 07 Jun 2022
    Listed for Sale UNDER CONTRACT/OFFER
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About Banksia 2216

The size of Banksia is approximately 0.9 square kilometres. It has 5 parks covering nearly 23.4% of total area. The population of Banksia in 2011 was 3,231 people. By 2016 the population was 3,377 showing a population growth of 4.5% in the area during that time. The predominant age group in Banksia is 30-39 years. Households in Banksia are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Banksia work in a professional occupation. In 2011, 78.3% of the homes in Banksia were owner-occupied compared with 75.5% in 2016.

Banksia has 1,240 properties. Over the last 5 years, Houses in Banksia have seen a 72.40% increase in median value, while Units have seen a 12.17% increase. As at 31 August 2024:

  • The median value for Houses in Banksia is $1,725,679 while the median value for Units is $653,996.
  • Houses have a median rent of $800 while Units have a median rent of $550.
There are currently 2 properties listed for sale, and 4 properties listed for rent in Banksia on OnTheHouse. According to CoreLogic's data, 50 properties were sold in the past 12 months in Banksia.

Suburb Insights for Banksia 2216

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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.