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Unit 422,
1 PHILLIP STREET Petersham NSW 2049

This property is Off Market

All about Petersham Homes for sale in Petersham

Last sold 10/22/2024 for $586,000. The Average property price in this area is $1,823,720, this is based on recent transactions.
Internet speed Download 1000 Mbps / Upload 400 Mbps
Distance to the coast 5.87 km
Potential bushfire risk 0 / 10
Report as to subsidence
Potential Land Contamination risk
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

R&W 29 ELSWICK ST, For Sale $1,450,000 to $1,500,000 Beds - 1 Baths - Parking Within 0.4 km Ray White 74A CRYSTAL ST, 1000000 1 Beds - 1 Baths - 1 Parking Within 0.5 km Ray White UNIT 10, 43-45 LIVINGSTONE RD, 800000 2 Beds - 1 Baths - 1 Parking Within 1.3 km The Agency 33 BISHOP ST, $2,175,000 3 Beds - 1 Baths - Parking Within 1.5 km

Recently Sold Properties in this Area

10/21/2024 11 NELSON PL $1,880,000
10/18/2024 1 LIVINGSTONE RD $445,000
10/14/2024 41 AUDLEY ST $3,500,000
10/11/2024 36 MARIA ST $1,010,000
10/10/2024 1 CORONATION AVE $1,505,000

About Petersham - Stanmore

With an average age of 35, households expect an average monthly mortgage payment of $2,709 or a weekly rent payment of $455. The average family earns a weekly income of $2,799 with a typical household size of 2.1 and a 97.67% employment rate.

Consistent high demand relative to supply is a key feature in Petersham driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Petersham ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Petersham classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Petersham requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Public Transport

Marion

Taverners Hill train

Hawthorne

Arlington

Waratah Mills train

Lewisham West train

Stanmore

Lewisham

Petersham

Summer Hill

General Points of Interest

Skyview Shopping Plaza monument

Australian Air Cadets Memorial golf

Canterbury Public Golf Course sport

Gunyama Park Aquatic and Recreation Centre

Pelican

Fanny Durack Aquatic Centre sport

Camperdown Fitness

Woolstores Alexandria Monument

Crone Architects sport

Mount Lewis Bowling Club

Population

(Country of Birth not stated 2%)

Are people healthy?

There are a recorded 1901 asthma sufferers and 859 people living with diabetes. In addition, 742 people have a heart/vascular condition and 1267 people live with three or more chronic diseases.

A good place to invest in property?

Petersham - Stanmore a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

New South Wales State average 59 / 100

Income

59 / 100

31 / 100

Industry

69 / 100

22 / 100

Population

45 / 100

19 / 100

House Prices

83 / 100

60 / 100

Jobs

71 / 100

29 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

SSC Leichhardt Annandale PS SSC Blackwattle Bay Taverners Hill IS
Italian Bilingual School
Meadowbank, NSW, 2114 Independent K-6
St Michael's Catholic Primary School
Stanmore, NSW, 2048 Independent K-6
Sydney Secondary College Leichhardt Campus
Leichhardt, NSW, 2040 State 7-10
Annandale Public School
Annandale, NSW, 2038 State P-6
Leichhardt Public School
Leichhardt, NSW, 2040 State K-6
St Fiacre's Catholic Primary School
Leichhardt, NSW, 2040 Independent K-6
Fort Street High School
Petersham, NSW, 2049 State 7-12
Taverners Hill Infants School
Petersham, NSW, 2049 State K-2

Property Story

Unit 422, 1 Phillip Street, Petersham, Nsw, 2049 is a residential property with 1 bedrooms, 1 bathrooms and 1 Parking spaces. The estimated value of this home is $545,000 while properties of this type typically sell for between $550,000 and $735,000 in this suburb. The estimated distance to the sea is 5.87km and at least 4.4KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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134 Acme Avenue Street, Town, State

Description - Details the application. Type and other information pertaining to the development application and more...

Authority Reference: UX0909823-GOV Website

The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.

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