15 Palm Ave, Royal Park is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1963. The property has a land size of 381m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in October 2019.
Anthony Fonovic & Tim Morris Real Estate are excited to present 15 Palm Avenue Royal Park offering the perfect opportunity for the 1st home buyer to get their foot in the door of the property market, or for the astute investor to increase their property portfolio with a great yielding rental property!
With so much opportunity to add a great deal of value with very little work to do, you'll be hard-pressed to find a renovator's delight as good as this one.
The size of Royal Park is approximately 1.6 square kilometres. It has 6 parks covering nearly 5.7% of total area. The population of Royal Park in 2011 was 2,863 people. By 2016 the population was 2,993 showing a population growth of 4.5% in the area during that time. The predominant age group in Royal Park is 30-39 years. Households in Royal Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Royal Park work in a trades occupation. In 2011, 66.7% of the homes in Royal Park were owner-occupied compared with 66.3% in 2016.
Royal Park has 1,880 properties. Over the last 5 years, Houses in Royal Park have seen a 90.25% increase in median value, while Units have seen a 97.78% increase. As at 31 October 2024:
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