SOLD
Sold on 16 Jan 2024 for $2,775,000

11 Banner Road
Kingsgrove NSW 2208

Bedrooms: 5
Bathrooms: 5
Car spaces: 1
Floor area: 261m2
Land area: 892m2
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Property Details for 11 Banner Rd, Kingsgrove

11 Banner Rd, Kingsgrove is a 5 bedroom, 5 bathroom House with 1 parking spaces and was built in 2024. The property has a land size of 892m2 and floor size of 261m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 5 bedroom House sold in Kingsgrove in the last 12 months.

Building Type
House
Year Built
2024
Floor Size
261m2
Land Size
892m2
Local Government
Bayside
Lot/Plan
36/DP13572

Last Listing description (May 2024)

Enjoying a blue-ribbon address and a wide 24.38m approx. frontage, this expansive full brick house sits on two separate titles and presents an outstanding opportunity to move straight in, renovate or redevelop. In immaculate condition, this property boasts firm foundations and spacious interiors ideal for the large or growing family.

This property presents excellent development potential with DA approved plans for two stylish 5-bedroom freestanding two-storey houses with swimming pools and double lock-up garages. Plans are available on request.

Kingsgrove is an evolving suburb, popular with investors, families and city professionals due to proximity to Sydney CBD. Conveniently close to local shops, Kingsgrove train station, buses and Schools.

Featuring;
* Three spacious bedrooms with built-in robes
* Huge open plan living and dining room with polished timber floorboards
* Immaculate eat in timber kitchen with gas cooking and stainless-steel appliances
* Modern main bathroom with separate bath and shower plus floor to ceiling tiling
* External laundry and second toilet
* Huge sunroom / family room at rear and adjoining entertaining pergola
* Huge low maintenance rear yard enjoys sun-drenched north aspect
* Side driveway to lock-up garage with off-street parking for several cars
* Short walk to Kingsgrove train station, parks, schools and local shopping village
* Other features include; high ceilings and ample storage
* Each lot is 12.19 X 36.57m = 443sqm (approx.)
* Combined land size: 24.38m X 36.57m = 885.2sqm (approx.)

Opportunities like this are rare, making it a top choice for the astute builder, developer, investor or family seeking to enhance their ideal home.

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Property History for 11 Banner Rd, Kingsgrove, NSW 2208

A timeline of how this property has performed in the market
Last Sold
$2,775,000
16 Jan 2024
  • 16 Jan 2024
    Sold for $2,775,000
  • 13 Nov 2023
    Listed for Sale AUCTION
  • 17 Jun 2023
    Sold for $2,510,500
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About Kingsgrove 2208

The size of Kingsgrove is approximately 4.5 square kilometres. It has 22 parks covering nearly 7.6% of total area. The population of Kingsgrove in 2011 was 11,515 people. By 2016 the population was 12,433 showing a population growth of 8.0% in the area during that time. The predominant age group in Kingsgrove is 40-49 years. Households in Kingsgrove are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kingsgrove work in a professional occupation. In 2011, 73.5% of the homes in Kingsgrove were owner-occupied compared with 71.8% in 2016.

Kingsgrove has 6,026 properties. Over the last 5 years, Houses in Kingsgrove have seen a 64.69% increase in median value, while Units have seen a 19.18% increase. As at 31 October 2024:

  • The median value for Houses in Kingsgrove is $1,802,994 while the median value for Units is $764,861.
  • Houses have a median rent of $890 while Units have a median rent of $600.
There are currently 21 properties listed for sale, and 20 properties listed for rent in Kingsgrove on OnTheHouse. According to CoreLogic's data, 197 properties were sold in the past 12 months in Kingsgrove.

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