25 Lancaster Ave, Punchbowl is a 6 bedroom, 2 bathroom House with 3 parking spaces and was built in 1930. The property has a land size of 835m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
Fantastic opportunity to acquire a large parcel of land in a most desirable location, with a large 6 bedroom property that is currently used as two separate dwellings and rented to excellent tenants.
Front dwelling:
- original weatherboard cottage in excellent condition.
- 3 good size bedrooms, formal lounge, separate dining + rumpus room.
- neat kitchen and bathroom, private courtyard and lock up garage
Rear dwelling:
- brick veneer construction and functional design.
- 3 bedrooms, good size lounge and separate dining area.
- modern kitchen, neat bathroom, large yard and double garage
Located in a very quiet street and in close proximity to Bankstown CBD.
Huge block of land of 833 sqm with possibilities of further development (STCA)
Live in one and rent out the other or ideal set up for an extended family.
Property Code: 2687
The size of Punchbowl is approximately 4.5 square kilometres. It has 16 parks covering nearly 5.8% of total area. The population of Punchbowl in 2011 was 18,428 people. By 2016 the population was 20,263 showing a population growth of 10.0% in the area during that time. The predominant age group in Punchbowl is 20-29 years. Households in Punchbowl are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Punchbowl work in a trades occupation. In 2011, 63.9% of the homes in Punchbowl were owner-occupied compared with 58.7% in 2016.
Punchbowl has 7,822 properties. Over the last 5 years, Houses in Punchbowl have seen a 66.97% increase in median value, while Units have seen a 18.09% increase. As at 31 October 2024:
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