87 Burbank Ave, Picnic Point is a 6 bedroom, 5 bathroom House with 3 parking spaces and was built in 1970. The property has a land size of 1093m2 and floor size of 417m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 6 bedroom House sold in Picnic Point in the last 12 months.
Under Instructions from NSW Trustee & Guardian.
Occupying 1,093 square metres of Prime Street to waterfront land, this incredible Burbank Ave Picnic Point residence occupies a position which has been owned by the same family since its construction. Passed down through the family and lovingly held, this once in a lifetime opportunity is not to be missed to own one of Picnic Point s best waterfront holdings.
Spread across two levels and providing an abundance of living space, the spectacular views and open plan design are perfect for large and extended families. Two separate lounge areas each enjoy water views and flow easily to the oversized outdoor covered alfresco area.
The size of Picnic Point is approximately 3.8 square kilometres. It has 9 parks covering nearly 64.5% of total area. The population of Picnic Point in 2011 was 5,608 people. By 2016 the population was 6,147 showing a population growth of 9.6% in the area during that time. The predominant age group in Picnic Point is 40-49 years. Households in Picnic Point are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Picnic Point work in a professional occupation. In 2011, 85.5% of the homes in Picnic Point were owner-occupied compared with 84.1% in 2016.
Picnic Point has 2,446 properties. Over the last 5 years, Houses in Picnic Point have seen a 63.79% increase in median value, while Units have seen a 46.31% increase. As at 30 November 2024:
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