99 Marco AvenuePanania NSW 2213
Property Details for 99 Marco Ave, Panania
99 Marco Ave, Panania is a 5 bedroom, 2 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 570m2 and floor size of 168m2. While the property is not currently for sale or for rent, it was last sold in April 2020.
Last Listing description (April 2020)
PROPERTY MARKET UPDATE YOU SHOULD READ.... LAST CHANCE
Obviously a lot is being said in the media at the moment and our sincere wishes go out to anyone who has lost their jobs or in a position that may. We have been speaking to many buyers who are looking at putting their property search on hold until after the epidemic has finished. I cannot stress how wrong this idea is. We have the very real possibility that over the next few Saturdays we may go into some form of lock down and unable to show homes and as you have probably seen the number of new properties coming to the market has slowed considerably. Banks will begin to tighten on lending and your borrowing capacity may/will drop. If you see a home with our office or another agency and you like it... buy it. Why would you wait for the market to rebound and compete against the strong numbers you have seen over the last 6 months? Don't believe us? We are Real Estate agents? I ask you to speak to any family or friends that were looking to purchase property pre-election. All the media spoke about was the potential crash our market would face post-election. The market had in fact bounced back to prices last seen at the property peak. Don't make the same mistake they did and jump on whilst you are in the box seat as you can see properties are definitely still selling and opportunities to be had.
All the best to everyone and remember your social distancing.
Dom @ PRD
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Sitting proud on the high side of the street and owned by the same family for over 60 years this solid brick home is awaiting its new family. With the property being potentially re-zoned too 6 levels of units the property represents a HUGE opportunity to be brought out by a developer at a later stage to build units.
Property flyover:
- 13.4m frontage / 556sqm / high side / clear block.
- Flexible floor-plan.
- Two full neat bathrooms with two additional toilets.
- Large eat in kitchen.
- Five good sized bedrooms.
- Large flat yard with scope for granny-flat / future development potential (STCA).
- 1 minute walk to Panania Train Station & Shops. Short walk to Revesby CBD.
"16 Reasons to leave your home" - Please see No. 8: you can inspect a potential new place of residence, so people CAN undertake private inspections to view properties For Sale and For Rent.
8. Moving to a new place of residence including a business moving to new premises or between different places of residence of the person or inspecting a potential new place of residence.
Sell Smarter ...ask a Local
Disclaimer: This advertisement is a guide only. The information has been gathered from sources we deem reliable, however cannot be guaranteed and intending purchasers should rely on their own enquiries and the Contract of Sale.
Property History for 99 Marco Ave, Panania, NSW 2213
- 23 Apr 2020Sold for $1,205,000
- 02 Mar 2020Listed for Sale For Sale
- 25 Jul 2017Sold
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About Panania 2213
The size of Panania is approximately 4.7 square kilometres. It has 21 parks covering nearly 15.8% of total area. The population of Panania in 2011 was 11,489 people. By 2016 the population was 12,428 showing a population growth of 8.2% in the area during that time. The predominant age group in Panania is 40-49 years. Households in Panania are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Panania work in a professional occupation. In 2011, 72.6% of the homes in Panania were owner-occupied compared with 69.7% in 2016.
Panania has 5,319 properties. Over the last 5 years, Houses in Panania have seen a 69.10% increase in median value, while Units have seen a 36.52% increase. As at 31 October 2024:
- The median value for Houses in Panania is $1,518,075 while the median value for Units is $953,634.
- Houses have a median rent of $810 while Units have a median rent of $610.
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