20/31 Bay Rd, Russell Lea is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1978. The property has a land size of 2842m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in May 2016.
The biggest and best in the secure Palm Court, this top floor apartment offers a peaceful sanctuary in a prized bayside enclave one street back from the waterfront. Held by one owner for 38 years, the bright and airy 108sqm apartment offers superb potential to capitalise on its house-like layout and idyllic setting.
- A rare opportunity, first time offered to the market
- Northerly views over the bay to the Gladesville Bridge
The size of Russell Lea is approximately 1 square kilometres. It has 6 parks covering nearly 1% of total area. The population of Russell Lea in 2011 was 4,779 people. By 2016 the population was 4,983 showing a population growth of 4.3% in the area during that time. The predominant age group in Russell Lea is 40-49 years. Households in Russell Lea are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Russell Lea work in a professional occupation. In 2011, 72.3% of the homes in Russell Lea were owner-occupied compared with 72.2% in 2016.
Russell Lea has 2,164 properties. Over the last 5 years, Houses in Russell Lea have seen a 63.34% increase in median value, while Units have seen a 28.18% increase. As at 30 September 2024:
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