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40 Martin Crescent,
Milperra NSW 2214

This property is Off Market

All about Milperra Homes for sale in Milperra


  • Last sold 11/3/2023 for $1,618,000. The Average property price in this area is $1,446,888, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 14.52 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential flood risk
  • 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 Panania - Milperra - Picnic Point

With an average age of 38, households expect an average monthly mortgage payment of $2,572 or a weekly rent payment of $590. The average family earns a weekly income of $2,774 with a typical household size of 3.3 and a 98.47% 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 Milperra 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 Milperra 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 Milperra 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

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

  • School Catchments
    Milperra PS
  • Panania North Public School

    Panania, NSW, 2213 State K-6

  • Hammondville Public School

    Hammondville, NSW, 2170 State K-6

  • Moorebank High School

    Moorebank, NSW, 2170 State 7-12

  • Mount St Joseph Milperra

    Milperra, NSW, 2214 Independent 7-12


Property Story

40 Martin Crescent, Milperra, Nsw, 2214 is a residential property . The estimated distance to the sea is 14.52km and at least 1.1KM 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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