SOLD
Sold on 09 Dec 2023 for $575,000

8/16 Padstow Parade
Padstow NSW 2211

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
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Property Details for 8/16 Padstow Pde, Padstow

8/16 Padstow Pde, Padstow is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom House sold in Padstow in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
77m2
Local Government
Canterbury-Bankstown
Lot/Plan
8/SP4426

Last Listing description (July 2024)

Embracing the ultimate in convenient living with a prized central village position, this classic second floor apartment presents an exceptional opportunity indeed. Well presented with original finishes and scope to modernise, this is the perfect entry for the first home buyer or investor.

Invitingly well proportioned, there is a combined open plan entertaining area that flows to a balcony, as well as two spacious bedrooms. There is an original kitchen with ample storage space, as well as a bathroom with a separate bath and shower.

Filled with sunlight, additional features include a sunny balcony, high ceilings, storage, internal laundry, lock up garage and a solid double brick construction. Currently returning $400pw with a secure tenant, it is literally footsteps (1-2 minute walk) to shops, cafes and Padstow station, and minutes to parks and sporting fields.

- Combined open plan living area flows to a sunny balcony
- Two spacious bedrooms with loads of natural light
- An ideal opportunity for the investor or first time owner
- Internal laundry, bathroom has separate bath and shower
- Double brick, high ceilings, storage, secure single garage
- Ultra convenient living in a prized central village position
- Set literally footsteps to shops, cafes and Padstow station

Property History for 8/16 Padstow Pde, Padstow, NSW 2211

A timeline of how this property has performed in the market
Last Sold
$575,000
09 Dec 2023
Listed for Rent
$410/w
20 Dec 2021
  • 09 Dec 2023
    Sold for $575,000
  • 08 Nov 2023
    Listed for Sale Contact Agent
  • 19 Nov 2021
    Listed for Rent - Price not available
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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 6,256 properties. Over the last 5 years, Houses in Padstow have seen a 71.65% increase in median value, while Units have seen a 39.66% increase. As at 31 July 2024:

  • The median value for Houses in Padstow is $1,443,119 while the median value for Units is $912,540.
  • Houses have a median rent of $750 while Units have a median rent of $580.
There are currently 20 properties listed for sale, and 15 properties listed for rent in Padstow on OnTheHouse. According to CoreLogic's data, 258 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.