OFF MARKET

4/2 Bancks Avenue
Cardiff South NSW 2285

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 96m2
Land area: 8683m2
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Last updated 16 Dec 2024
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Property Details for 4/2 Bancks Ave, Cardiff South

4/2 Bancks Ave, Cardiff South is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 8683m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Unit
Year Built
1992
Floor Size
96m2
Land Size
8683m2
Local Government
Lake Macquarie
Lot/Plan
4/SP41083

Last Listing description (August 2021)

Located for convenience this tidy three-bedroom villa is perfect for those who are looking to downsize without downsizing their expectations. An open-floor-plan allows space to entertain, welcome grandchildren and indulge in hobbies whilst being free of large-home maintenance. Bedrooms are quietly set and supported by a full family bathroom. A neat kitchen spills into a dining area that connects to a sunny courtyard, affording extra space, greenery and privacy. With a single garage, a level layout and split-system air-conditioning, you will be proud to call this villa home.

* Neutral tones throughout, original well-kept condition
* Split system air-conditioning keeps the living area comfortable

* Neat and tidy kitchen and bathroom, three bedrooms - one robed
* Private and paved courtyard, laundry with external access
* Deep lock-up single garage with direct internal entry
* Five minutes to Cardiff's supermarkets, shops and station
* Five minutes to Warners Bay's waterfront cafes and restaurants

Council Rates: $1360 PA approx.
Water Rates: $650 + Usage PA approx.
Strata Rates: $525 PQ approx.
Rental Potential: $410 - $430 per week

** Health & Safety Measures are in Place for All Private Inspections - All inspection attendees will have to complete a health and safety survey to qualify for the inspection of the property, this is required to be returned prior to the inspection **

COVID-19 UPDATE FOR INSPECTIONS
Due to the recent lock down we have had to change the way we do inspections. We are allowed to legally do 1 on 1 inspections with clients, however to limit the unnecessary inspections & to follow our covid safe guidelines we ask you meet the following criteria:
- Not travelling from any current hot spots.
- Are a genuine buyer with pre-approval of finance or an application pending
- Are ready to purchase the property without needing to sell a property first.
- Have checked the estimated price guide and have that budget to spend

If you meet this criteria above and wish to view please contact us to arrange a suitable day and time for you.

We apologise for any inconvenience however our priority is to ensure the Health and Safety of our Staff & the Community.

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Property History for 4/2 Bancks Ave, Cardiff South, NSW 2285

A timeline of how this property has performed in the market
Last Sold
$510,000
10 Aug 2021
Listed for Rent
$393/w
15 Nov 2019
  • 10 Aug 2021
    Sold for $510,000
  • 09 Jul 2021
    Listed for Sale $490,000 - $510,000
  • 01 Nov 2019
    Listed for Rent $395 / week
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About Cardiff South 2285

The size of Cardiff South is approximately 1.6 square kilometres. It has 7 parks covering nearly 10.4% of total area. The population of Cardiff South in 2011 was 2,963 people. By 2016 the population was 2,821 showing a population decline of 4.8% in the area during that time. The predominant age group in Cardiff South is 40-49 years. Households in Cardiff South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cardiff South work in a trades occupation. In 2011, 78.1% of the homes in Cardiff South were owner-occupied compared with 76.1% in 2016.

Cardiff South has 1,296 properties. Over the last 5 years, Houses in Cardiff South have seen a 66.76% increase in median value, while Units have seen a 42.30% increase. As at 30 November 2024:

  • The median value for Houses in Cardiff South is $827,663 while the median value for Units is $591,729.
  • Houses have a median rent of $620 while Units have a median rent of $490.
There are currently 4 properties listed for sale, and 2 properties listed for rent in Cardiff south on OnTheHouse. According to CoreLogic's data, 48 properties were sold in the past 12 months in Cardiff south.

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