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Sold on 02 Nov 2023 for $560,000

6/140 Panorama Drive
Farmborough Heights NSW 2526

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
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Property Details for 6/140 Panorama Dr, Farmborough Heights

6/140 Panorama Dr, Farmborough Heights is a 2 bedroom, 1 bathroom Villa with 1 parking spaces. The property has a floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Villa sold in Farmborough Heights in the last 12 months.

Building Type
Villa
Floor Size
84m2
Local Government
Wollongong
Lot/Plan
6/SP12763

Last Listing description (November 2023)

Providing a quintessential retreat lifestyle with its generous open-plan interiors, north-facing wraparound courtyard, and picturesque leafy aspects, this quality villa makes a brilliant apartment alternative for the first home buyer or downsizer.

- Cosy and comfortable.
- Quiet location, light, and privacy.

- Functional layout with combined lounge/dining at its heart.
- Modern flow to the grassed backyard.
- Neat and tidy kitchen with electric cooktop, ample storage
- Two secluded bedrooms featuring built-in robes for both.
- Close to public transport.
- Just 15 minutes to Wollongong and 90 minutes to Sydney.
- Sydney Water $173.20 | qtr Council Rates 346.20 | qtr Strata $1218 qtr.
- Rent potential $490/w.

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Property History for 6/140 Panorama Dr, Farmborough Heights, NSW 2526

A timeline of how this property has performed in the market
Last Sold
$560,000
02 Nov 2023
Listed for Rent
$380/w
15 Jan 2021
  • 01 Nov 2023
    Sold for $560,000
  • 03 Oct 2023
    Listed for Sale $560,000
  • 06 Jan 2021
    Listed for Rent $380 / week
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About Farmborough Heights 2526

The size of Farmborough Heights is approximately 3 square kilometres. It has 13 parks covering nearly 17.2% of total area. The population of Farmborough Heights in 2011 was 4,179 people. By 2016 the population was 4,198 showing a population growth of 0.5% in the area during that time. The predominant age group in Farmborough Heights is 40-49 years. Households in Farmborough Heights are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Farmborough Heights work in a professional occupation. In 2011, 85.8% of the homes in Farmborough Heights were owner-occupied compared with 85.1% in 2016.

Farmborough Heights has 1,566 properties. Over the last 5 years, Houses in Farmborough Heights have seen a 66.42% increase in median value, while Units have seen a 52.67% increase. As at 30 September 2024:

  • The median value for Houses in Farmborough Heights is $910,927 while the median value for Units is $647,466.
  • Houses have a median rent of $710 while Units have a median rent of $525.
There are currently 8 properties listed for sale, and 2 properties listed for rent in Farmborough heights on OnTheHouse. According to CoreLogic's data, 50 properties were sold in the past 12 months in Farmborough heights.

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