FOR SALE

40 Banksia Road
Wentworth Falls NSW 2782

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 588m2
This property is currently on the market
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Property Details for 40 Banksia Rd, Wentworth Falls

40 Banksia Rd, Wentworth Falls is a 0 bedroom, 0 bathroom House. The property has a land size of 588m2.This Property is currently listed for sale with McGrath Estate Agents Blue Mountains

Building Type
House
Land Size
588m2
Local Government
Blue Mountains
Lot/Plan
12/DP30261

Last Listing description (November 2024)

Here is an opportunity to buy one of the last vacant blocks by the lakeside in Wentworth Falls, with a bush outlook and lake reserve across the road instead of houses. If you would like to create and build your first home or investment here is a unique chance to acquire this exceptional building parcel. It offers a desirable north-east orientation and is situated directly opposite from the lake reserve.

There is great potential with approximately 594sqm of land, ideal for creating your own dream home (subject to council approval).
This gentle sloping block would be suitable for most new home designs, to capture the filtered water views in this tranquil setting.

Surrounded by established homes in a tightly held, popular address, this prime building block offers a beautifully serene and private location on a gentle slope.

- Partially cleared, easy build with all the services available
- Ideal low maintenance property
- Bring your architect and design a beautiful mountain home
- 18.29m wide frontage, and the sides are 42.06m and 47.27m
- Bushfire report available on request
- Reputable builders are ready to start the process of your dream build
- The owner has undertaken some initial work with quotes from reputable builders whom have produced examples of suitable homes. These are available upon request to qualified buyers
- Easy access for trucks and machinery
- This ideal block is close to excellent schools, bushwalking trails, tennis courts and golf course
- Lovely lakeside walk to bus stop, village cafes, shops and trains

Property History for 40 Banksia Rd, Wentworth Falls, NSW 2782

A timeline of how this property has performed in the market
Last Sold
$252,500
15 Nov 2018
  • 28 Jul 2024
    Listed for Sale $450,000 - $480,000
  • 15 Nov 2018
    Sold for $252,500
  • 16 Aug 2018
    Listed for Sale $260,000
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About Wentworth Falls 2782

The size of Wentworth Falls is approximately 21.1 square kilometres. It has 28 parks covering nearly 16.5% of total area. The population of Wentworth Falls in 2011 was 5,934 people. By 2016 the population was 6,082 showing a population growth of 2.5% in the area during that time. The predominant age group in Wentworth Falls is 60-69 years. Households in Wentworth Falls are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wentworth Falls work in a professional occupation. In 2011, 76.9% of the homes in Wentworth Falls were owner-occupied compared with 77.7% in 2016.

Wentworth Falls has 3,550 properties. Over the last 5 years, Houses in Wentworth Falls have seen a 55.58% increase in median value, while Units have seen a 43.91% increase. As at 30 September 2024:

  • The median value for Houses in Wentworth Falls is $955,719 while the median value for Units is $789,765.
  • Houses have a median rent of $618 while Units have a median rent of $475.
There are currently 42 properties listed for sale, and 8 properties listed for rent in Wentworth falls on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Wentworth falls.

Suburb Insights for Wentworth Falls 2782

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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.