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UNIT 7, 1-3 PARKES ROAD, ARTARMON, NSW, 2064

This property is Off Market

Last sold 6/15/2022 for $1,050,000

Average property sold price $1,952,630

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  • Internet speed Download 1000 Mbps / Upload 400 Mbps
  • Distance to the coast 3.98 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Land Contamination risk is

About Chatswood (East) - Artarmon

With an average age of 34, households expect an average monthly mortgage payment of $2,285 or a weekly rent payment of $540. The average family earns a weekly income of $2,515 with a typical household size of 2.2 and a 96.92% employment rate.

Consistent high demand relative to supply is a key feature in Artarmon driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. 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 Artarmon 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 Artarmon 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 Artarmon 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.

Population

(Country of Birth not stated 6%)

Are people healthy?

There are a recorded 1906 asthma sufferers and 1011 people living with diabetes. In addition, 1002 people have a heart/vascular condition and 1317 people live with three or more chronic diseases.

A good place to invest in property?

Chatswood (East) - Artarmon 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

69 / 100

22 / 100

Population

58 / 100

19 / 100

House Prices

86 / 100

60 / 100

Jobs

71 / 100

29 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
  • Willoughby Public School

    Willoughby, NSW, 2068 State K-6

  • Chatswood Public School

    Chatswood, NSW, 2067 State K-6

  • Artarmon Public School

    Artarmon, NSW, 2064 State K-6

  • Greenwich Public School

    Greenwich, NSW, 2065 State K-6

  • Royal North Shore Hospital School

    St Leonards, NSW, 2065 State

  • Naremburn School

    Naremburn, NSW, 2065 State U

  • Chatswood High School

    Chatswood, NSW, 2067 State 6-12

  • Bradfield College

    St Leonards, NSW, 2065 State 11-12

  • Willoughby Girls High School

    Willoughby, NSW, 2068 State 7-12

  • Lane Cove Public School

    Lane Cove, NSW, 2066 State K-6


Local Developments

  • 2 Parkes Road Artarmon NSW 2064.

    2 x tree removal

    Willoughby City Council Reference: TVPA-2022/236 Website

  • 2/1 Hampden Road Artarmon NSW 2064.

    1 x Pine removal Situated close to front wall of property

    Willoughby City Council Reference: TVPA-2022/141 Website

  • 2/1 Hampden Road Artarmon NSW 2064.

    Removal of one tree

    Willoughby City Council Reference: TVPA-2022/143 Website

  • 30 Cleland Road Artarmon NSW 2064.

    1 x tree removal - tree leaning on fence and causing damage

    Willoughby City Council Reference: TVPA-2022/85 Website

  • 36A Cleland Road Artarmon NSW 2064.

    Ground Floor Extension; Level 1 Addition & Double Garage .

    Willoughby City Council Reference: CC-2022/36 Website

  • 57-63 Herbert Street Artarmon NSW 2064.

    Minor internal fitout for a new MRI and associated veterinary spaces

    Willoughby City Council Reference: CD-2021/404 Website

  • 2 Parkes Road Artarmon NSW 2064.

    Three (3) trees - 2 Parkes Road Artarmon.

    Willoughby City Council Reference: TVPA-2021/131 Website

  • 32 Cleland Road Artarmon NSW 2064.

    Remove 4 trees.

    Willoughby City Council Reference: TVPA-2020/323 Website

  • 17 Hampden Road Artarmon NSW 2064.

    Removal of 2 x trees (1 x Pittosporum, 1 x Hakea) from the back of the unit block on Olive Lane.

    Willoughby City Council Reference: TVPA-2020/293 Website

  • 13 Parkes Road Artarmon NSW 2064.

    Request to remove two (2) trees

    Willoughby City Council Reference: TVPA-2020/254 Website

  • 9 Cleg Street Artarmon NSW 2064.

    Change of use of premises to a warehouse with ancillary product research, testing and office facilities, internal fitout, signage and associated works.

    Willoughby City Council Reference: DA-2020/36 Website

  • 6-10 Hampden Road Artarmon NSW 2064.

    Prune 5 trees and remove a sixth tree

    Willoughby City Council Reference: TVPA-2020/23 Website

  • 8-12 Cleland Road Artarmon NSW 2064.

    Inspect 3 trees for removal near Oliva Lane - rear of the property

    Willoughby City Council Reference: TVPA-2019/457 Website

  • 12-16 Hampden Road Artarmon NSW 2064.

    Request to remove 1 tree and prune 2 other trees.

    Willoughby City Council Reference: TVPA-2019/291 Website

  • 57-63 Herbert Street Artarmon NSW 2064.

    Modification to remove steel shed & replace with a garbage room as approved and adoption of revised Fire Engineering Report

    Willoughby City Council Reference: CC-2018/220/A Website

  • 6 Lambs Road Artarmon NSW 2064.

    Modify Consent Condition 6 relating to parking.

    Willoughby City Council Reference: DA-2019/26 Website

  • 57-63 Herbert Street Artarmon NSW 2064.

    4.55 - Existing steel shed to be removed as highlighted on the floor plans and replace it with a light weight roof structure with 1800mm slat screen enclosing it. Usage of space will be a garbage holding area, also amendments to location of signages on building facade.

    Willoughby City Council Reference: DA-2017/71/C Website

  • 8 Lambs Road Artarmon NSW 2064.

    Use of internal ground floor studio space for additional recreational uses ancillary to the swim centre.

    Willoughby City Council Reference: DA-2015/560/A Website

  • 57-63 Herbert Street Artarmon NSW 2064.

    Internal fitout, signage, associated works, and change of use to a Veterinary Hospital and associated works

    Willoughby City Council Reference: CC-2018/220 Website

  • 20-22 Cleland Road Artarmon NSW 2064.

    Request to remove two (2) trees

    Willoughby City Council Reference: TVPA-2018/205 Website

  • 5/20-22 Cleland Road Artarmon NSW 2064.

    Minor demolition to existing townhouse and reconfiguration of internal layout. New external glass door.

    Willoughby City Council Reference: CD-2018/181 Website

  • 57-63 Herbert Street Artarmon NSW 2064.

    Plan modifications to internal fitout & minor change to North/West Elevations

    Willoughby City Council Reference: DA-2017/71/B Website

  • 13 Cleg Street, Artarmon NSW 2064

    Change of use to Antiques Warehouse (warehouse or distribution)

    Willoughby City Council Reference: DA-2017/303 Website

  • 36A Cleland Road, Artarmon NSW 2064

    S96 - Modify consent to incorporate a new condition related to the eaves and ridge heights.

    Willoughby City Council Reference: DA-2015/418/A Website

  • 57-63 Herbert Street, Artarmon NSW 2064

    Amend condition 38 to allow for 24 hour operation

    Willoughby City Council Reference: DA-2017/71/A Website

  • 57-63 Herbert Street, Artarmon NSW 2064

    Internal fitout, carparking, security gates, signage and associated works to premises for a Veterinary Clinic.

    Willoughby City Council Reference: DA-2017/71 Website

  • 36A Cleland Road, Artarmon NSW 2064.

    Extension Of First Floor, Double Garage & Associated Works

    Willoughby City Council Reference: DA-2015/418 Website

  • 36A Cleland Road, Artarmon NSW 2064.

    First floor addition and secondary dwelling.

    Willoughby City Council Reference: DA-2015/317 Website

  • 36A Cleland Road, Artarmon NSW 2064.

    S96 - Modify original proposal to include internal alterations and additions, changes to windows, doors, garage shape, roofing material and associated works.

    Willoughby City Council Reference: DA-2014/484/A Website

  • 1 Parkes Road, Artarmon NSW 2064.

    Deletion of condition 55 of original DA

    Willoughby City Council Reference: DA-2011/626/F Website

  • 36A Cleland Road, Artarmon NSW 2064.

    Alterations and additions to existing dwelling, new two storey rear addition, garage and associated works.

    Willoughby City Council Reference: DA-2014/484 Website

  • 6 Lambs Rd, Artarmon 2064

    Bella Catering - On-premises licence

    NSW Independent Liquor and Gaming Authority Reference: APP-0000612190 Website

  • 1 Parkes Road, Artarmon NSW 2064.

    Section 96 - Changes to openings, extension of balconies and addition of skylights.

    Willoughby City Council Reference: DA-2011/626/E Website

  • 1 Parkes Road, Artarmon NSW 2064.

    S96 - Eastern and western wall extension to Units 4-7, relocation of laundries to Units 1-3, additional frosted or high level windows and replace privacy screens along northern facade of Units 1-3 and western facade to Units 4-7 with frosted glass windows.

    Willoughby City Council Reference: DA-2011/626/D Website

  • 1 Parkes Road, Artarmon NSW 2064.

    S96 - Amendment to first flr eastern walls at unit 4 to 7. Unit 4 first flr layout change. Unit 2 first flr study room change and other associated works.

    Willoughby City Council Reference: DA-2011/626/C Website

  • 1 Parkes Road, Artarmon NSW 2064.

    Additional egress stair to be put in at the basement to comply with BCA requirement

    Willoughby City Council Reference: DA-2011/626/B Website

  • 1 Parkes Road, Artarmon NSW 2064.

    Section 96 - Internal amendments to units 1-7. External amendments to to units 4, 5 and 6

    Willoughby City Council Reference: DA-2011/626/A Website

  • 1 Parkes Road, Artarmon NSW 2064.

    Residential Flat Building.

    Willoughby City Council Reference: DA-2011/626 Website

  • 2 Cleland Road, Artarmon NSW 2064.

    Construction of four new townhouses.

    Willoughby City Council Reference: DA-2011/432 Website

Last sold 6/15/2022 for $1,050,000

Average property sold price $1,952,630

Interested in similar properties, join us and stay connected for updates.

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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