5/40 Banks St, Padstow is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 2480m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in December 2023.
Neatly finished with smart, simple interiors and contemporary finishes, this superb villa offers a lifestyle of unquestionable quality and style over one easily accessible level. Bright and spacious, this is perfect for the first time owner, downsizer or investor alike.
Complete with an open plan living and dining area, there are three bedrooms with built-in robes. The deluxe kitchen has stainless appliances, ample storage and Caesarstone benches, while there is also a low maintenance child-friendly garden with sunny level lawn and protected barbecue terrace.
Additional features include floating floors, ducted air conditioning, high ceilings, LED lighting and a single garage with additional off street parking space. Literally metres to the wide expanses of Padstow Park, it is just a short 6 Minute walk to Padstow station and village amenities.
Features include:
- Double bedrooms each come with built-in robes
- Deluxe electric kitchen with Caesarstone benches
- Bright and well proportioned open plan living area
- Sunny child-friendly garden, level lawn, BBQ terrace
- Floating floors, ducted air conditioning, high ceilings
- Single garage with additional off street parking space
- Well presented, ideal for investor or first time buyer
- Metres to the wide expanses of adjacent Padstow Park
- Short 6 Min Walk to Padstow station, village amenities
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:
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