1 Banderra RoadSouth Penrith NSW 2750
Property Details for 1 Banderra Rd, South Penrith
1 Banderra Rd, South Penrith is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 556m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in South Penrith in the last 12 months.
Last Listing description (May 2024)
Benjamin Reid and Team Response are delighted to introduce to the market 1 Banderra Road, South Penrith, a property that offers a solid foundation for family living and a brilliant investment opportunity.
Nestled on a 556m2 block with R2 zoning, this home is currently leased until January 16, 2025, generating $570 per week, providing immediate rental returns. The layout and size of the lot suggest the potential to add a granny flat (STCA), presenting an opportunity to expand your investment portfolio and increase revenue.
The residence features three bedrooms and two bathrooms, providing ample facilities for growing families. With two spacious living rooms, there's plenty of room for everyone to unwind and enjoy their own space for relaxation and entertainment. This property is ideally positioned to enjoy easy access to local amenities, schools, and recreational facilities, making it an attractive option for tenants and ensuring sustained demand.
1 Banderra Road represents a smart investment for those looking to capitalize on the robust Penrith property market. With its current tenants and potential for expansion, this home is a prudent choice for investors seeking growth and stability in their real estate endeavours. Contact Benjamin Reid today to explore how 1 Banderra Road can be your next step towards building a flourishing property portfolio.
DISCLAIMER: Whilst we deem this information to be reliable the agent cannot guarantee its accuracy and accepts no responsibility for such. Interested persons should rely on their own enquiries.
Property History for 1 Banderra Rd, South Penrith, NSW 2750
- 06 May 2024Sold for $845,000
- 17 Apr 2024Listed for Sale $845,000
- 14 Dec 2022Listed for Rent - Price not available
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About South Penrith 2750
The size of South Penrith is approximately 5.1 square kilometres. It has 25 parks covering nearly 22.1% of total area. The population of South Penrith in 2011 was 11,640 people. By 2016 the population was 11,790 showing a population growth of 1.3% in the area during that time. The predominant age group in South Penrith is 30-39 years. Households in South Penrith are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Penrith work in a clerical occupation. In 2011, 77% of the homes in South Penrith were owner-occupied compared with 72% in 2016.
South Penrith has 4,692 properties. Over the last 5 years, Houses in South Penrith have seen a 59.55% increase in median value, while Units have seen a 53.59% increase. As at 31 October 2024:
- The median value for Houses in South Penrith is $964,032 while the median value for Units is $719,306.
- Houses have a median rent of $600 while Units have a median rent of $473.
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