FREE Property Report

16 Lynwen Crescent,
Banksia NSW 2216

This property is Off Market

All about Banksia Homes for sale in Banksia

Last sold 6/4/2024 for $1,766,000. The Average property price in this area is $2,986,310, this is based on recent transactions.
Internet speed Download 100 Mbps / Upload 40 Mbps
Distance to the coast 1.49 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

LJ Hooker UNIT 1, 57 TABRETT ST, Auction 3 Beds - 2 Baths - 2 Parking Within 0.1 km Stone Real Estate 6 COREEN PL, Auction - George Kambouroglou 3 Beds - 1 Baths - 1 Parking Within 0.2 km Century 21 2 EVE ST, CONTACT AGENT - ALI OKSUZ 3 Beds - 2 Baths - 2 Parking Within 0.3 km Century 21 23 TABRETT ST, CONTACT AGENT - ALI OKSUZ 7 Beds - 4 Baths - 4 Parking Within 0.3 km Belle Property UNIT 27, 9 BANKSIA AV, For Sale $795,000 - Offers Welcome 2 Beds - 2 Baths - 1 Parking Within 0.6 km Stone Real Estate UNIT 1, 52 KIMPTON ST, For Sale 2 Beds - 1 Baths - 1 Parking Within 1.1 km

Recently Sold Properties in this Area

10/24/2024 4 WOLLI CREEK RD $2,200,000
10/3/2024 283 WEST BOTANY ST $50,000
9/27/2024 58 KIMPTON ST $1,735,000
9/13/2024 36 GIBBES ST $1,970,000
8/23/2024 22 FARR ST $1,483,000

About Rockdale - Banksia

With an average age of 40, households expect an average monthly mortgage payment of $2,167 or a weekly rent payment of $600. The average family earns a weekly income of $2,094 with a typical household size of 3.1 and a 96.77% 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. Low average incomes in Banksia is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Banksia changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Banksia to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Public Transport

Banksia

Rockdale

Arncliffe

Carlton

International Airport train

Kogarah

Bardwell Park train

Tempe

Turrella

Wolli Creek

General Points of Interest

Skyview Shopping Plaza monument

Captain Cook's Landing Point sport

Marang Parklands Hockey Complex sport

Fanny Durack Aquatic Centre sport

Camperdown Fitness monument

War Memorial

Woolstores Alexandria Monument prison

Long Bay Correctional Centre monument

Molineaux Point Lookout sport

Mount Lewis Bowling Club

Population

(Country of Birth not stated 2%)

Are people healthy?

There are a recorded 1211 asthma sufferers and 977 people living with diabetes. In addition, 753 people have a heart/vascular condition and 1200 people live with three or more chronic diseases.

A good place to invest in property?

Rockdale - Banksia 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

23 / 100

31 / 100

Industry

36 / 100

22 / 100

Population

21 / 100

19 / 100

House Prices

72 / 100

60 / 100

Jobs

18 / 100

29 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

James Cook Boys Technology HS Moorefield GHS Arncliffe PS
St Joseph's Catholic Primary School
Rockdale, NSW, 2216 Independent K-6
Kyeemagh Public School
Rockdale, NSW, 2216 State K-6
Rockdale Public School
Rockdale, NSW, 2216 State K-6
Al Zahra College
Arncliffe, NSW, 2205 Independent K-12
St Thomas More's Catholic School
Brighton-Le-Sands, NSW, 2216 Independent K-6
St Francis Xavier's Catholic Primary School
Arncliffe, NSW, 2205 Independent K-6
Athelstane Public School
Arncliffe, NSW, 2205 State K-6
Arncliffe Public School
Arncliffe, NSW, 2205 State K-6

Property Story

16 Lynwen Crescent, Banksia, Nsw, 2216 is a residential property . The estimated distance to the sea is only 1.49km and at least 2.09KM to vegatation considered to be a factor in bushfire risk.

Local Developments

To see the latest development applications

Join us

Already have an account? Sign in

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.

Report this property

Lawlab logo