OFF MARKET

23/8 Faraday Road
Padstow NSW 2211

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 128m2
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Last updated 18 Nov 2024
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Property Details for 23/8 Faraday Rd, Padstow

23/8 Faraday Rd, Padstow is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a floor size of 128m2.

Building Type
Unit
Year Built
2006
Floor Size
128m2
Local Government
Canterbury-Bankstown

Last Listing description (March 2020)

Positioned in a brand new apartment with all the extras.

Features include;

- 3 generous sized bedrooms
- 1 bathroom and 1 Ensuite
- Storage throughout including built in robes
- Luxurious kitchens with stainless steel appliances
- Large balcony, some with local views
- Split System air con in every room
- Carpet to bedrooms and Floating floorboards to the rest of the property
- 1 car parking space
- Open plan living and kitchen area.

To be eligible for this Affordable Housing property you will need to meet the following criteria;
- Be an Australian Citizen or Permanent Resident of Australia
- Not own any property or land in Australia or Overseas
- Be a single person who earns no more than $66,300 gross annually
- Be two adults who earn no more than $99,500 gross annually
- Be a sole parent with one child who earns no more than $86,200 gross annually
- Be a couple with one child who earn no more than $119,400 gross annually
*Other household complements may apply, income criteria will vary based on the amount of household members.
**Applicants will be required to supply supporting documents to determine applicant eligibility

Disclaimer - All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

For further questions contact Echo Realty on 1800 693 246 or email info@echorealty.com.au

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Property History for 23/8 Faraday Rd, Padstow, NSW 2211

A timeline of how this property has performed in the market
  • 10 Mar 2020
    Listed for Rent $512 / week
  • 13 Nov 2019
    Listed for Rent $512 / 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 6,246 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 20 properties listed for sale, and 24 properties listed for rent in Padstow on OnTheHouse. According to CoreLogic's data, 270 properties were sold in the past 12 months in Padstow.

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