SOLD
Sold on 23 Nov 2023 - Price Unavailable

366 Hinxman Road
Castlereagh NSW 2749

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 8878m2
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Property Details for 366 Hinxman Rd, Castlereagh

Building Type
Land
Land Size
8878m2
Local Government
Penrith
Lot/Plan
45/DP3784

Last Listing description (February 2024)

Introducing an exceptional opportunity in the Western Sydney Lakes Growth area!

Discover these two remarkable parcels of land, spanning approximately 4439m2 & 4442m2 respectively, ideally situated close to Castlereagh village and surrounded by the desirable neighbourhoods of Yarramundi, Agnes Banks and Cranebrook and close to Penrith, Londonderry, Llandilo and Windsor. Whether you're an astute investor or a visionary developer seeking a lucrative land banking prospect, this property offers immense potential. There may even be the opportunity to build your Dream Home, with council approval being required under the RU4 zoning.
Key Features:

? Expansive combined land size of 8881m2 (Approx. 2.47 Acres in total).
? Development potential awaiting exploration (Subject to Council Approval).
? Prime land banking opportunity in the sought-after area adjacent to Western Sydney Lakes.

Further information on the Lakes can be found at link following.
? https://www.westernsydneylakes.com.au/
? Presently zoned as RU4.
For further details please reach out to Rex Ellison.
Auction set for 5th August 2023

Property History for 366 Hinxman Rd, Castlereagh, NSW 2749

A timeline of how this property has performed in the market
Last Sold
23 Nov 2023
  • 17 Jan 2024
    Listed for Sale Not Disclosed
  • 23 Nov 2023
    Sold
  • 10 Jul 2023
    Listed for Sale Not Disclosed
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About Castlereagh 2749

The size of Castlereagh is approximately 32.1 square kilometres. It has 6 parks covering nearly 7.7% of total area. The population of Castlereagh in 2011 was 1,054 people. By 2016 the population was 1,188 showing a population growth of 12.7% in the area during that time. The predominant age group in Castlereagh is 50-59 years. Households in Castlereagh are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Castlereagh work in a clerical occupation. In 2011, 79.5% of the homes in Castlereagh were owner-occupied compared with 79.1% in 2016.

Castlereagh has 507 properties. Over the last 5 years, Houses in Castlereagh have seen a 91.73% increase in median value, while Units have seen a 29.31% increase. As at 31 October 2024:

  • The median value for Houses in Castlereagh is $2,108,041 while the median value for Units is $673,138.
  • Houses have a median rent of $1,000.
There are currently 6 properties listed for sale, and 2 properties listed for rent in Castlereagh on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Castlereagh.

Suburb Insights for Castlereagh 2749

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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.