16 Samoa Avenue, Picnic Point NSW 2213
This property is Off Market
- Last sold 4/16/2024 for $1,300,000. The Average property price in this area is $1,898,742, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 10.94 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
- 10/14/2024 21 THOMAS ST $1,400,000
- 10/8/2024 32 DORIS ST $1,891,000
- 9/27/2024 14 CARINYA RD $1,450,000
- 9/27/2024 63 RAMSAY RD $2,435,000
- 9/26/2024 18 EILEEN ST $1,700,000
About Panania - Milperra - Picnic Point
With an average age of 37, households expect an average monthly mortgage payment of $2,500 or a weekly rent payment of $337. The average family earns a weekly income of $2,416 with a typical household size of 3.1 and a 93.78% 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Picnic Point due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Picnic Point 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 Picnic Point 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
Narwee
General Points of Interest
Canterbury Public Golf Course
Panania War Memorial
Brighton Lakes Golf Club
Pioneers Memorial Park Cemetery
Collingwood House
Warwick Farm Racecourse
Mount Lewis Bowling Club
Engadine Leisure Centre
Potts Park
Meccano Set
Population
(Country of Birth not stated 3%)
Are people healthy?
There are a recorded 2322 asthma sufferers and 1661 people living with diabetes. In addition, 1290 people have a heart/vascular condition and 1897 people live with three or more chronic diseases.A good place to invest in property?
Panania - Milperra - Picnic Point 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
43 / 100
31 / 100
Industry
42 / 100
22 / 100
Population
44 / 100
19 / 100
House Prices
71 / 100
60 / 100
Jobs
55 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsPanania PS
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Revesby South Public School
Revesby, NSW, 2212 State K-6 -
St Christopher's Catholic Primary School
Panania, NSW, 2213 Independent K-6 -
East Hills Public School
Panania, NSW, 2213 State K-6 -
Picnic Point Public School
Picnic Point, NSW, 2213 State K-6 -
Tower Street Public School
Panania, NSW, 2213 State K-6 -
De La Salle College, Revesby Heights
Revesby Heights, NSW, 2212 Independent 7-12 -
Picnic Point High School
Picnic Point, NSW, 2213 State 7-12 -
Panania Public School
Panania, NSW, 2213 State K-6 -
East Hills Boys High School
Panania, NSW, 2213 State 7-12 -
East Hills Girls Technology High School
Panania, NSW, 2213 State 7-12
Property Story
16 Samoa Avenue, Picnic Point, Nsw, 2213 is a residential property . The estimated distance to the sea is 10.94km and 0.42KM 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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