SOLD
Sold on 09 Sep 2024 for $1,025,000

2 Gwandalan Road
Padstow NSW 2211

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 372m2
Sold By
McGrath Revesby
Save

Property Details for 2 Gwandalan Rd, Padstow

2 Gwandalan Rd, Padstow is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 372m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Padstow in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
90m2
Land Size
372m2
Local Government
Canterbury-Bankstown
Lot/Plan
1/DP842193

Last Listing description (October 2024)

Positioned on a 372sqm north-to-rear block, this property presents a fantastic opportunity for first home buyers eager to enter the market, families envisioning a new build, or investors seeking potential in a highly sought-after area. With a desirable cul-de-sac address, this property is just minutes away from local schools, village shops, and Padstow Station.

- Existing dwelling presents many exciting refurbishment options
- Renovate or knockdown and rebuild dream family home (STCA)

- Distinct lounge room extending through to central dining space
- Electric kitchen may benefit from modern upgrade in the future
- Current floorplan reveals choice of three good sized bedrooms
- Full family bathroom appointed with separate shower and bath
- Side driveway access to backyard and secure lock-up garage
- Enormous potential in one of Padstow's tightly held pockets
- Option to live in/rent out while planning modern renovation/new build
- Convenient position for commuters with easy access to the M5 and M8

Property History for 2 Gwandalan Rd, Padstow, NSW 2211

A timeline of how this property has performed in the market
Last Sold
$1,025,000
09 Sep 2024
Listed for Rent
$650/w
16 Sep 2023
  • 09 Sep 2024
    Sold for $1,025,000
  • 26 Aug 2024
    Listed for Sale Sold $1,025,000
  • 30 Aug 2023
    Listed for Rent $650 / week
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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 6,243 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 23 properties listed for sale, and 25 properties listed for rent in Padstow on OnTheHouse. According to CoreLogic's data, 276 properties were sold in the past 12 months in Padstow.

Suburb Insights for Padstow 2211

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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.