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Unit 1006,
7 AUSTRALIA AVENUE Sydney Olympic Park NSW 2127

This property is Off Market

All about Sydney Olympic Park Homes for sale in Sydney Olympic Park


  • Last sold 7/12/2024 for $550,000. The Average property price in this area is $1,026,390, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 13.19 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Homebush Bay - Silverwater

With an average age of 32, households expect an average monthly mortgage payment of $2,200 or a weekly rent payment of $500. The average family earns a weekly income of $2,111 with a typical household size of 2 and a 92.68% 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 Sydney Olympic Park 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 Sydney Olympic Park 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 Sydney Olympic Park 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

General Points of Interest


Population

(Country of Birth not stated 2%)

Are people healthy?

There are a recorded 1132 asthma sufferers and 707 people living with diabetes. In addition, 493 people have a heart/vascular condition and 653 people live with three or more chronic diseases.

A good place to invest in property?

Homebush Bay - Silverwater 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

35 / 100

31 / 100

Industry

47 / 100

22 / 100

Population

47 / 100

19 / 100

House Prices

76 / 100

60 / 100

Jobs

59 / 100

29 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Victoria Ave PS Concord HS
  • Homebush Boys High School

    Homebush, NSW, 2140 State 7-12

  • Victoria Avenue Public School

    Concord West, NSW, 2138 State K-6

  • Homebush West Public School

    Homebush West, NSW, 2140 State K-6

  • The McDonald College

    North Strathfield, NSW, 2137 Independent 3-12

  • St Ambrose Catholic Primary School

    Concord West, NSW, 2138 Independent K-6

  • Concord West Public School

    Concord West, NSW, 2138 State K-6

  • Our Lady of the Assumption Catholic Primary School

    North Strathfield, NSW, 2137 Independent K-6

  • Newington Public School

    Newington, NSW, 2127 State K-6

  • Strathfield North Public School

    North Strathfield, NSW, 2137 State K-6

  • Homebush Public School

    Homebush, NSW, 2140 State K-6


Property Story

Unit 1006, 7 Australia Avenue, Sydney Olympic Park, Nsw, 2127 is a residential property . The estimated distance to the sea is 13.19km and at least 1.77KM 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

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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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