SOLD
Sold on 24 May 2024 for $1,000,000

1/44 Banks Street
Padstow NSW 2211

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 97m2
Land area: 206m2
Sold By
Dean Owsnett
Professionals Chambers Fleming Padstow
Yovanka Lee
Professionals Chambers Fleming Padstow
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Property Details for 1/44 Banks St, Padstow

1/44 Banks St, Padstow is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1997. The property has a land size of 206m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom Unit sold in Padstow in the last 12 months.

Building Type
Unit
Year Built
1997
Floor Size
97m2
Land Size
206m2
Local Government
Canterbury-Bankstown
Lot/Plan
1/SP55496

Last Listing description (July 2024)

With a unique position of facing the street and opposite Padstow Park is this bright and inviting single level, low maintenance three bedroom villa on the corner of Banks St and Kuranda Ave. A perfect opportunity to downsize, invest in or an ideal first home, conveniently set just 5 minute/500m walk to Padstow shops, restaurants, cafes, parklands and train station with express trains to the city in under 30 minutes.

Neatly appointed for low maintenance living with an open plan entertaining area that includes distinct lounge and dining spaces leading to secure garden courtyards, lock up garage plus car space, drive through to courtyard.

Attributes of the Property Include:

* Open plan entertaining area, distinct lounge / dining spaces
* Double size bedrooms with built-in wardrobes
* Open plan kitchen with modern appliances and a breakfast bar
* Modern bathroom with shower and bath tub, separate powder room / toilet
* Garage with internal access plus car space and drive through to courtyard
* Internal laundry with courtyard access
* Filled with natural light, well positioned opposite Padstow Park
* Sun drenched front and rear courtyards /with 206 square metres on title
* 5 minute/500m walk to Padstow Station and shopping amenities

For more details do not hesitate to contract Dean Owsnett or Yovanka Lee

Property History for 1/44 Banks St, Padstow, NSW 2211

A timeline of how this property has performed in the market
Last Sold
$1,000,000
24 May 2024
  • 24 May 2024
    Sold for $1,000,000
  • 16 May 2024
    Listed for Sale Auction
  • 06 Nov 2015
    Sold for $660,000
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About Padstow 2211

The size of Padstow is approximately 5.5 square kilometres. It has 20 parks covering nearly 10.9% of total area. The population of Padstow in 2011 was 12,716 people. By 2016 the population was 13,287 showing a population growth of 4.5% in the area during that time. The predominant age group in Padstow is 50-59 years. Households in Padstow are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Padstow work in a professional occupation. In 2011, 70% of the homes in Padstow were owner-occupied compared with 67.2% in 2016.

Padstow has 6,241 properties. Over the last 5 years, Houses in Padstow have seen a 67.89% increase in median value, while Units have seen a 31.27% increase. As at 31 October 2024:

  • The median value for Houses in Padstow is $1,482,283 while the median value for Units is $913,586.
  • Houses have a median rent of $798 while Units have a median rent of $590.
There are currently 17 properties listed for sale, and 24 properties listed for rent in Padstow on OnTheHouse. According to CoreLogic's data, 273 properties were sold in the past 12 months in Padstow.

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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.