82 Racecourse AvenueMenangle Park NSW 2563
Property Details for 82 Racecourse Ave, Menangle Park
Last Listing description (September 2019)
This 2.56 acres (approx.) block offers a fruitful opportunity for the savvy developer to be able to purchase and reap the rewards in the very near future.
It is located within walking distance to the train station, Club Menangle Race Track and the local shops. It is also just under 1km from Bellbirds day care center, less than 10 minutes' drive to Macarthur Square, University and less than a 15-minute drive to Camden CBD. Future conveniences proposed are the extension of the electrified train to Menangle Park, future town center 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 will feature prominently in the draft master plan given its central location to all of the expansion plans this semi-rural area enjoys.
This is a superb opportunity to secure your financial freedom with a rural property ready to be tenanted located in the heart of the master plan of Menangle Park.
Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however, we cannot guarantee it.
Property History for 82 Racecourse Ave, Menangle Park, NSW 2563
- 04 Sep 2018Listed for Sale Contact Agent
- 15 Nov 2017Listed for Sale Contact Agent
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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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