32 Parmal AvenuePadstow NSW 2211
Property Details for 32 Parmal Ave, Padstow
32 Parmal Ave, Padstow is a 2 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 670m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 2 bedroom House sold in Padstow in the last 12 months.
Last Listing description (December 2025)
Set in a tightly held cul-de-sac just 600 metres from the heart of Padstow, this charming residence combines exceptional convenience with rare development potential. Positioned on a generous 670 sqm parcel with a 15.24 m frontage, this property offers a wealth of opportunity for astute buyers - from investors seeking long-term gains to families wanting flexibility and space in a prime location.
The main home offers comfortable, low-maintenance living, featuring spacious interiors and a practical layout ideal for growing families. A separate teenage retreat at the rear provides added versatility, perfect for in-laws, extended family, or a potential dual-income investment (STCA). Tradies will also appreciate the wide side access and secure gates, making off-street storage and access to the rear yard a breeze.
With R4 zoning and a 1:1 floor space ratio, this is an opportunity to secure a high-potential site within walking distance to cafes, shops, schools and Padstow Station. Potential return of approximately $750 per week, the property promises both immediate income and impressive future growth potential - a rare combination in today's market.
Features include:
- Spacious lounge and dining zones with abundant natural light
- Well-maintained kitchen and main bathroom, plus second bathroom at rear
- R4 zoning and 1:1 ratio � land bank now with strong capital upside
- Approx. rental return of $750 per week
- Granny flat potential on a 663 sqm block with 15.24 m frontage (STCA)
- Front home features 2 large bedrooms plus separate Large teenage retreat at rear
- Dual, child-friendly backyards with privacy and space
- Wide side access with secure gates � ideal for trades or additional parking
- Just a 6-minute walk to Padstow train station, shops, and local amenities
Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested parties should make and rely upon their own enquiries.
Property History for 32 Parmal Ave, Padstow, NSW 2211
- 14 Apr 2026Listed for Rent $680 / week
- 18 Dec 2025Sold for $1,670,000
- 29 Oct 2025Listed for Sale $1,625,000 - $1,700,000
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0About Padstow 2211
The size of Padstow is approximately 5.5 square kilometres. There are 20 parks, covering nearly 10.9% of the total area. The population of Padstow in 2016 was 13306 people. By 2021 the population was 14017 showing a population growth of 5.3% in the area during that time. The predominant age group in Padstow is 30-39 years. Households in Padstow are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Padstow work in a professional occupation.In 2021, 64.80% of the homes in Padstow were owner-occupied compared with 67.20% in 2016.
Padstow has 6,458 properties. Over the last 5 years, Houses in Padstow have seen a 52.03% increase in median value, while Units have seen a 36.36% increase. As at 30 April 2026:
- The median value for Houses in Padstow is $1,632,036 while the median value for Units is $1,021,923.
- Houses have a median rent of $850 while Units have a median rent of $670.
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