SOLD
Sold on 04 Jun 2024 for $1,950,000

43 Matthews Street
Punchbowl NSW 2196

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 130m2
Land area: 734m2
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Property Details for 43 Matthews St, Punchbowl

43 Matthews St, Punchbowl is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 734m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Punchbowl in the last 12 months.

Building Type
House
Year Built
1930
Floor Size
130m2
Land Size
734m2
Local Government
Canterbury-Bankstown
Lot/Plan
6/6/DP5701

Last Listing description (June 2024)

A rare opportunity has presented itself for the astute builder to secure an exceptional development site in a highly sought after Punchbowl location.

Incredibly attractive in it's own right, the property offers 75% progression into the Construction Certificate... All the hard work done!!

HIGHLIGHTS:

* DA Approved for 11 units comprising of 5 x 1 bedrooms & 6 x 2 bedrooms
* Revised DA from two level to single level basement
* 75% of the CC completed + Assistance available to finalise CC
* High yield potential upon completion - Build to rent
* Approx 734m2 level parcel
* Zoned R4 - High Density Residential
* Currently there is a well-maintained four-bedroom house on the premises, boasting contemporary amenities and a refreshed interior
* Centrally located only 5 minute's walk to Punchbowl train station, shops, bus stop and moments to schools, cafes, places of worship and arterial roads

Detailed plans and approvals for the development can be provided upon request.

For any further documents and information, please get in touch with Michelle or Danny today.

INSPECT:
By appointment with agents only

CONTACT:
Michelle | 0410 621 201
michelle@homeviewproperty.com.au

Danny | 0477 074 074
danny@homeviewproperty.com.au

Disclaimer: Whilst Homeview Property deem this information to be reliable, we are unable to guarantee it?s accuracy. All interested parties are encouraged to conduct their own independent enquiries in order to determine whether or not this information is accurate

Property History for 43 Matthews St, Punchbowl, NSW 2196

A timeline of how this property has performed in the market
Last Sold
$1,950,000
04 Jun 2024
Listed for Rent
$450/w
02 May 2015
  • 04 Jun 2024
    Sold for $1,950,000
  • 18 Jan 2024
    Listed for Sale Not Disclosed
  • 02 Jul 2021
    Sold for $1,675,000
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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 7,821 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 27 properties listed for sale, and 35 properties listed for rent in Punchbowl on OnTheHouse. According to CoreLogic's data, 325 properties were sold in the past 12 months in Punchbowl.

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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.