SOLD
Sold on 07 Nov 2023 for $508,000

18/41-43 Banksia Road
Caringbah NSW 2229

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
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Property Details for 18/41-43 Banksia Rd, Caringbah

18/41-43 Banksia Rd, Caringbah is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1971. The property has a floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 1 bedroom Unit sold in Caringbah in the last 12 months.

Building Type
Unit
Year Built
1971
Floor Size
52m2
Local Government
Sutherland
Lot/Plan
18/SP5124

Last Listing description (December 2023)

Enjoying a light filled, private and airy position, this top floor apartment would ideally suit first home buyers or investors alike.

- Practical floor plan, with large bedroom complete with built-in robe
- Good sized living area flowing onto east facing balcony

- Enjoy distant balcony views overlooking Woolooware Bay
- Combined bathroom/laundry includes shower & bath, plus separate toilet
- Single car space plus an additional store room
- A short 5 minute walk to Caringbah's shops, cafes and train station

Size: Total 70.1sqm (approx.) = Apartment 55.7sqm + Car Space 13sqm + Store Room 1.4sqm

Outgoings:
Council Rates: $367.50 per quarter (approx.)
Water Rates: $173.29 per quarter (approx.)
Strata Levies: $778.41 per quarter (approx.)

Currently Tenanted on a 12 month Fixed Term Tenancy Agreement until August 2024

Agent:
Christian Payne | 9544 0000

Property History for 18/41-43 Banksia Rd, Caringbah, NSW 2229

A timeline of how this property has performed in the market
Last Sold
$508,000
07 Nov 2023
Listed for Rent
$350/w
15 Sep 2016
  • 07 Nov 2023
    Sold for $508,000
  • 18 Oct 2023
    Listed for Sale For Sale | Guide $500,000 - $530,000
  • 05 Sep 2016
    Listed for Rent $350 / week
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About Caringbah 2229

The size of Caringbah is approximately 5 square kilometres. It has 18 parks covering nearly 4% of total area. The population of Caringbah in 2011 was 10,955 people. By 2016 the population was 11,673 showing a population growth of 6.6% in the area during that time. The predominant age group in Caringbah is 30-39 years. Households in Caringbah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Caringbah work in a professional occupation. In 2011, 62.4% of the homes in Caringbah were owner-occupied compared with 59.9% in 2016.

Caringbah has 8,362 properties. Over the last 5 years, Houses in Caringbah have seen a 52.59% increase in median value, while Units have seen a 28.66% increase. As at 30 September 2024:

  • The median value for Houses in Caringbah is $1,808,448 while the median value for Units is $868,857.
  • Houses have a median rent of $835 while Units have a median rent of $650.
There are currently 33 properties listed for sale, and 26 properties listed for rent in Caringbah on OnTheHouse. According to CoreLogic's data, 435 properties were sold in the past 12 months in Caringbah.

Suburb Insights for Caringbah 2229

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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.