63 versace crescent marsden park | 63 Versace Crescent, Marsden Park, NSW, 2765,

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63 Versace Crescent, Marsden Park, NSW 2765, recently made headlines with its sale for a substantial $1,300,000 on October 6th, 2022. This five-bedroom, three-bathroom house, listed under Domain ID #2017981170, represents a significant transaction in the burgeoning Marsden Park real estate market. This article will delve deep into the specifics of this sale, analyzing the property's features, the market conditions at the time of sale, and the broader implications for the Marsden Park area's ongoing development and luxury housing sector.

The Property: An In-Depth Look at 63 Versace Crescent

While detailed floor plans and internal photographs are not readily available publicly without accessing the original Domain listing, the sale price and address alone suggest a property of considerable size and high-end finishes. The address, located on Versace Crescent, immediately indicates a commitment to a certain level of architectural design and aesthetic. The name "Versace" evokes luxury and Italian design sensibilities, hinting at potential features such as opulent finishes, high-quality materials, and a focus on sophisticated styling both inside and out.

A five-bedroom, three-bathroom layout suggests a spacious family home, potentially catering to a large family or offering ample space for guests. Three bathrooms imply a degree of luxury and convenience, with potentially ensuite bathrooms in the master suite and other key bedrooms. The presence of multiple living areas is highly likely, given the scale of the property and the typical layout of larger homes in this price bracket. Features such as a formal lounge, family room, and perhaps a dedicated dining area are plausible additions.

Given the sale price of $1,300,000, it’s reasonable to assume the property boasts high-quality fixtures and fittings. This could include premium kitchen appliances, designer bathroom suites, engineered timber flooring, stone benchtops, and potentially even smart-home technology integration. The exterior is likely to feature landscaping, potentially including a swimming pool, outdoor entertaining area, and a well-maintained garden. The size of the land parcel would significantly influence the overall value and desirability of the property. Larger blocks offer greater privacy and potential for future extensions or additions.

Market Context: Marsden Park's Growth and Luxury Housing

Marsden Park's real estate market has experienced substantial growth in recent years, driven by several key factors. Its location within the rapidly expanding North West Growth Centre of Sydney provides excellent access to major employment hubs, infrastructure projects (such as the M7 Motorway), and emerging amenities. The development of new shopping centres, schools, and recreational facilities has enhanced the area's liveability, attracting families and professionals seeking a balance between suburban tranquility and proximity to urban conveniences.

The sale of 63 Versace Crescent for $1,300,000 highlights the increasing demand for luxury housing within Marsden Park. While the area has traditionally been associated with more affordable housing options, the recent influx of new residents and the development of high-quality residential estates have led to a rise in the availability and demand for premium properties. This trend is likely to continue as Marsden Park continues its transformation into a mature and diverse suburb.

The timing of the sale in October 2022 is also significant. The Australian property market experienced considerable volatility during this period, influenced by factors such as interest rate hikes and broader economic conditions. Despite these challenges, the successful sale of 63 Versace Crescent at a substantial price suggests that strong demand for luxury properties in prime locations persists, even in a fluctuating market.

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