1 Taber StreetMenangle Park NSW 2563
Property Details for 1 Taber St, Menangle Park
Last Listing description (August 2017)
This 8460m2 block offers a fruitful opportunity for the savvy developer to be able to buy and reap the benefits in the very near future.
Walking distance to the local shop, Club Menangle Race Track and the train line. Perfectly located 300m from an established day care centre, less than 10 minutes' drive to Macarthur Square, University and less than 15 minutes' drive to Camden. Future conveniences proposed are the extension of the electrified train to Menangle Park, future town centre as well as entry/exit onto the freeway via Glenlee Road making the city and the airport even closer as you will be able to bypass Campbelltown and Macarthur altogether.
More impressive is the fact that this land is featured in the draft master plan and will fit within the 'standard lot' meaning a minimum of 420m2 per land allotment.
This is a superb opportunity to secure your financial freedom with an already tenanted rural property with subdivision potential, located in the heart of the redevelopment master plan for Menangle Park.
Property History for 1 Taber St, Menangle Park, NSW 2563
- 06 Jul 2017Sold for $2,000,000
- 10 May 2017Listed for Rent $480 / week
- 01 Mar 2017Listed for Sale Price Guide $1,975,000 - $2,165,000
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About Menangle Park 2563
The size of Menangle Park is approximately 13.3 square kilometres. It has 2 parks covering nearly 0.3% of total area. The population of Menangle Park in 2011 was 348 people. By 2016 the population was 244 showing a population decline of 29.9% in the area during that time. The predominant age group in Menangle Park is 10-19 years. Households in Menangle Park are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Menangle Park work in a community and personal service occupation. In 2011, 55.7% of the homes in Menangle Park were owner-occupied compared with 51.8% in 2016.
Menangle Park has 973 properties. Over the last 5 years, Houses in Menangle Park have seen a 58.54% increase in median value, while Units have seen a 57.63% increase. As at 31 August 2024:
- The median value for Houses in Menangle Park is $1,132,150 while the median value for Units is $620,191.
- Houses have a median rent of $680.
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