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Back 32 Parmal Avenue
Off Market

32 Parmal Avenue

Padstow NSW 2211

2
2
2
670 m²
House
Last sold for $1,670,000
David LoaneyDavid Loaney, last sold this property on 17 December 2025 after 49 days on market.

Overview

Potential for dual income with 15.24 m Frontage - 670m²

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.

Features

2 bedrooms
2 bathrooms
2 carspaces
2 open car spaces
670 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Padstow over the last 12 months, the estimated median property value of 32 Parmal Avenue is $1.63m.

Median value
$1.63m
Estimated value range
$1.2m - $2.19m
Median days on market
21
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Padstow. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 32 Parmal Avenue

2026
Rented
Undisclosed
Leased on 21 Apr 2026 by LJ Hooker Padstow
2025
Sold
$1,670,000
17 Dec 2025 by David Loaney, of LJ Hooker Padstow
2025
Sold
Undisclosed
17 Dec 2025 by David Loaney, of LJ Hooker Padstow

Happy sellers in Padstow

94%
94% of sellers in Padstow reported that their sale price either exceeded or met their price expectations.

Padstow stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 49 reviews in Padstow over the last 12 months.

Local market activity for 2 bedroom houses in Padstow

In the last 12 months, 9 two-bedroom houses similar to 32 Parmal Avenue, have been sold.

This represents a 80% decrease in two-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Padstow

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Lush Pillay

Lush Pillay is an award winning recommended agent for Padstow.  They have 29 local sales and collected 16 local reviews across the last 12 months.

  •   4.9   (478 reviews)
  •  16 Reviews in Padstow
  •  29 Sales in Padstow
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Abir Eddine

Sellers who recommend Abir Eddine have praised them for being clear communication, local expert, responsive, supportive, hard-working, honest and dedicated

  •   5   (185 reviews)
  •  10 Reviews in Padstow
  •  9 Sales in Padstow
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Dean Owsnett

Dean Owsnett is a recommended agent for Padstow.  They have 9 local sales and collected 6 local reviews across the last 12 months.

  •   4.9   (202 reviews)
  •  6 Reviews in Padstow
  •  9 Sales in Padstow
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Paul Davis

Paul Davis is an award winning recommended agent for Padstow.  They have 4 local sales and collected 4 local reviews across the last 12 months.

  •   4.9   (554 reviews)
  •  4 Reviews in Padstow
  •  4 Sales in Padstow
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