Lot 702 - The Palms - Banksia

Banksia , Sydney, NSW, 2216

$ 1,545,000

Banksia , Sydney, NSW, 2216
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Lot 702 - The Palms - Banksia -2
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Property Images

Lot 702 - The Palms - Banksia -0 Lot 702 - The Palms - Banksia -1 Lot 702 - The Palms - Banksia -2 Lot 702 - The Palms - Banksia -3 Lot 702 - The Palms - Banksia -4 Lot 702 - The Palms - Banksia -5 Lot 702 - The Palms - Banksia -6
  • Apartment
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 0
  • Cars
  • N/A

Details

Updated on May 21, 2026

Property Type: Apartment
Secondary Type: FIRB SMSF
Price: $ 1,545,000
Land Price: N/A
Build Price: N/A
Gross Per Week: $ 750
Gross Per Annum: $ 31,980
Gross Yield: 2.52%
Capital Growth 12 Months: 11.23%
10Yr Annualised Growth: 4.25%
Vacancy Rate: 0.75%
Property Size: N/A
Land Area: N/A
Bedrooms: 3
Bathrooms: 2
Parking: N/A
Title Status: N/A
Property ID: 5894
SKU: 1001
Sold:

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*

Inspired by nature and designed with all the comforts of urban lifestyle, The Palms redefines apartment living through expansive outdoor spaces and intelligent design. Consisting of just 37 two, three and four-bedroom
apartments, The Palms delivers inspired reconnected living - all just moments from the best that Sydney has to offer. Oversized balconies awash with natural sunlight come together with open-plan living to create a timeless atmosphere reminiscent of urban beach-side living. The Palms is designed with true consideration for its residents, appealing to owner occupiers and investors alike

Banksia is surrounded by green parklands and quiet treelined streets, a welcoming contrast to the vibrancy and bustle that you will find just minutes away. From here you can walk to Brighton-Le-Sands Beach and enjoy being seaside before exploring the diverse culinary scene along The Esplanade. Westfield Hurstville and Rockdale Plaza are both nearby, covering everything you need from a day of retail therapy to the household essentials. 

Premium services and high quality amenities make everyday life all the more seamless. St George Private and Public hospitals are only a few minutes’ away. The Palms sits in the catchment area for Rockdale Public School which is just a 500m walk. A wide range of childcare services, top ranking public and private schools as well as universities and tertiary educational facilities are all on offer close to The Palms. Banksia is connected, convenient and close to anywhere you need to be. 

The Sydney CBD, as well as Parramatta and Chatswood are all easily accessible, providing you and your family the opportunity to enjoy the best of suburban living with the benefits of a thriving metropolis at your doorstep. Be in the city via car in 20 minutes or by train in 30, with Banksia train station an easy one-minute walk from The Palms. As Sydney continues to reinvent itself for its future communities, so does available public transport. The Parramatta light rail will connect Westmead to both Parramatta and Banksia and is due to open in 2023.

Address Lot 702 - The Palms - Banksia
City Sydney
State NSW
Postcode 2216
Suburb Banksia

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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.

This property is a single-contract property suitable for an SMSF.

SMSF Single Contract

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