Unit 8, 53-55B FRENCHMANS ROAD Randwick NSW 2031
This property is Off Market
- Last sold 8/8/2023 for $725,000. The Average property price in this area is $2,248,801, this is based on recent transactions.
- Internet speed Download 1000 Mbps / Upload 400 Mbps
- Distance to the coast 1.51 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 10/24/2024 12 DUTRUC ST $1,225,000
- 10/24/2024 9 WILLIAM ST $1,735,000
- 10/23/2024 34 ALISON RD $680,000
- 10/23/2024 8 YARRAMAN AVE $1,800,000
- 10/22/2024 6 MARCEL AVE $1,290,000
About Randwick - North
With an average age of 38, households expect an average monthly mortgage payment of $3,000 or a weekly rent payment of $570. The average family earns a weekly income of $2,916 with a typical household size of 2.1 and a 96.7% employment rate.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Randwick are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Randwick 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 Randwick 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
Mascot
Sydenham
Erskineville
Green Square
Bondi Junction
Domestic Airport
International Airport
St Peters
Tempe
Wolli Creek
General Points of Interest
Skyview Shopping Plaza
Ivor Rowe Rockpool
Gunyama Park Aquatic and Recreation Centre
Captain Cook's Landing Point
Marang Parklands Hockey Complex
Kogarah Golf Course
Park Sydney Village
Woolstores Alexandria Monument
Long Bay Correctional Centre
Molineaux Point Lookout
Population
(Country of Birth not stated 1%)
Are people healthy?
There are a recorded 1905 asthma sufferers and 614 people living with diabetes. In addition, 610 people have a heart/vascular condition and 834 people live with three or more chronic diseases.A good place to invest in property?
Randwick - North 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
63 / 100
31 / 100
Industry
50 / 100
22 / 100
Population
34 / 100
19 / 100
House Prices
84 / 100
60 / 100
Jobs
58 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsRandwick PS Randwick BHS Randwick GHS
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Marcellin College
Randwick, NSW, 2031 Independent 7-12 -
Coogee Boys' Preparatory School
Randwick, NSW, 2031 Independent K-6 -
St Catherine's School
Waverley, NSW, 2024 Independent K-12 -
Centennial Park School
Randwick, NSW, 2031 State U -
Our Lady of the Sacred Heart Catholic Primary School
Randwick, NSW, 2031 Independent K-6 -
Randwick Public School
Randwick, NSW, 2031 State K-6 -
Emanuel School
Randwick, NSW, 2031 Independent K-12 -
NSW School of Languages
Petersham, NSW, 2049 State 7-12 -
Moriah College
Bondi Junction, NSW, 2022 Independent K-12 -
St Margaret Mary's Catholic Primary School
Randwick North, NSW, 2031 Independent K-6
Property Story
Unit 8, 53-55B Frenchmans Road, Randwick, Nsw, 2031 is a residential property . The estimated distance to the sea is only 1.51km and at least 1.01KM 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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