OFF MARKET

316/1562 Canterbury Road
Punchbowl NSW 2196

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 2076m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 316/1562 Canterbury Rd, Punchbowl

316/1562 Canterbury Rd, Punchbowl is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 2076m2 and floor size of 68m2.

Building Type
Unit
Year Built
2019
Floor Size
68m2
Land Size
2076m2
Local Government
Canterbury-Bankstown
Lot/Plan
54/SP96350

Last Listing description (May 2024)

Unlock your next investment venture in Punchbowl. We present a distinctive opportunity - a modern 2-bedroom apartment nestled in the heart of Punchbowl, an oasis in a low-maintenance neighborhood comprising just 74 apartments. Architecturally designed by Fox Johnston, an award-winning firm based in Sydney, these apartments have been thoughtfully crafted with practicality in mind. The practical layout ensures that no space is wasted. This is your exclusive chance to secure a prized investment, making it the perfect choice for those seeking reliable investment returns.

PROPERTY:
This exceptional offering features a contemporary 2-bedroom apartment that represents outstanding value within an area of high rental demand. With nearly new construction and top-tier craftsmanship, this property stands as the ideal choice for astute investors, poised to deliver exceptional returns.

FEATURES:
Thriving rental demand with an impressive weekly income (currently $625 per week)
Virtually untouched and effortlessly maintained
A secure building boasting a state-of-the-art Video Security Intercom system
Comprising 1.5 bathrooms and 2 generously proportioned bedrooms, each equipped with built-in wardrobes
A sleek modern kitchen with high-end gas appliances
In-house laundry facilities and efficient ducted air-conditioning
Conveniently situated amidst a network of robust infrastructure and essential amenities

Outgoings:
Strata Rates: $1206 per quarter (approx)
Council Rates: $400 per quarter (approx)
Water Rates: $180 per quarter (approx)

LOCATION:
This strategically positioned apartment caters to the flourishing rental market, providing effortless access to the vibrant Broadway Plaza shopping village and nearby train station. Furthermore, a quick drive grants you access to the bustling retail hubs of Roselands and Bankstown's Central Shopping Centre. Notably, you'll find buses just a short stroll away, ensuring seamless transport to Hurstville, Sydney Airport, and the Sydney CBD via the nearby M5.

DISCLAIMER: Whilst RAY WHITE THE ZOOM GROUP have taken all care in preparing this information and used their best endeavors to ensure that the information contained therein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. RAY WHITE THE ZOOM GROUP, urge prospective purchasers to make their own inquiries to verify the information contained herein.

Property History for 316/1562 Canterbury Rd, Punchbowl, NSW 2196

A timeline of how this property has performed in the market
Listed for Rent
$625/w
16 Nov 2023
  • 31 Jan 2024
    Listed for Sale FOR SALE
  • 16 Nov 2023
    Listed for Rent $625 / week
  • 14 Dec 2022
    Listed for Rent - Price not available

Commute Calculator

About Punchbowl 2196

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 7,825 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:

  • The median value for Houses in Punchbowl is $1,346,871 while the median value for Units is $540,520.
  • Houses have a median rent of $730 while Units have a median rent of $540.
There are currently 28 properties listed for sale, and 39 properties listed for rent in Punchbowl on OnTheHouse. According to CoreLogic's data, 317 properties were sold in the past 12 months in Punchbowl.

Suburb Insights for Punchbowl 2196

Market Insights
Punchbowl Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Punchbowl Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.