Unit 12, 20 THE PARADE Russell Lea NSW 2046
This property is Off Market
- Last sold 9/23/2024 for $1,063,000. The Average property price in this area is $2,414,722, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 6.88 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
- 10/21/2024 251 LYONS RD $2,500,000
- 10/18/2024 55 PARKVIEW RD $1,070,000
- 10/17/2024 248 LYONS RD $1,820,000
- 10/16/2024 20 POTTER ST $2,915,000
- 10/15/2024 2 REIMS ST $3,415,000
About Drummoyne - Rodd Point
With an average age of 41, households expect an average monthly mortgage payment of $2,359 or a weekly rent payment of $500. The average family earns a weekly income of $2,808 with a typical household size of 1.9 and a 97.77% employment rate.
Consistent high demand relative to supply is a key feature in Russell Lea driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Russell Lea 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 Russell Lea 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. Medium density in Russell Lea necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. 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
Hawthorne
Leichhardt North
Chiswick
Lilyfield
Balmain West
Drummoyne Ferry Wharf
Abbotsford
Cabarita
Huntleys Point
General Points of Interest
Australian Air Cadets Memorial
Efogi
Gunyama Park Aquatic and Recreation Centre
Wombat
Coxs Road Mall
Kogarah Golf Course
Jesuit Graves
Camperdown Fitness
War Memorial
Crone Architects
Population
(Country of Birth not stated 7%)
Are people healthy?
There are a recorded 1581 asthma sufferers and 916 people living with diabetes. In addition, 993 people have a heart/vascular condition and 1303 people live with three or more chronic diseases.A good place to invest in property?
Drummoyne - Rodd 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
69 / 100
31 / 100
Industry
44 / 100
22 / 100
Population
36 / 100
19 / 100
House Prices
90 / 100
60 / 100
Jobs
55 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsConcord HS Abbotsford PS
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All Hallows Catholic Primary School
Five Dock, NSW, 2046 Independent K-6 -
Riverside Girls High School
Gladesville, NSW, 2111 State 7-12 -
Drummoyne Public School
Drummoyne, NSW, 2047 State K-6
Property Story
Unit 12, 20 The Parade , Russell Lea, Nsw, 2046 is a residential property . The estimated distance to the sea is 6.88km and at least 1.94KM 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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