OFF MARKET

112 Restwell Street
Bankstown NSW 2200

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 643m2
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Last updated 28 Oct 2024
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Property Details for 112 Restwell St, Bankstown

112 Restwell St, Bankstown is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 643m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Land Size
643m2
Local Government
Canterbury-Bankstown
Lot/Plan
7/DP13055

Last Listing description (November 2022)

Rebuild in this excellent location just metres away from schools, shopping centre and train station. Rare opportunity to acquire such large block of land of 638 square metres to build your dream home and granny flat. Current original cottage in need of substantial renovations.

Builders & Developers note, this property is Zoned High density R4 with potential for high rise apartments. Current FSR of 1.75:1 with potential to increase to 2:1 FSR. Owner will sell now or at Auction.

Centrally located only moments away from:

- Bankstown Station and future Metro

- Bankstown Centro Shopping Centre

- Bankstown TAFE

- Future Western Sydney University

- Little Saigon Plaza

- Bankstown City Gardens

- Bankstown Sports Club

Property Code: 2908

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Property History for 112 Restwell St, Bankstown, NSW 2200

A timeline of how this property has performed in the market
Last Sold
$1,300,000
05 Nov 2022
  • 05 Nov 2022
    Sold for $1,300,000
  • 07 Oct 2022
    Listed for Sale AUCTION THIS SATURDAY 5 NOVEMBER AT 12.30 PM
  • 04 Apr 2022
    Sold

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About Bankstown 2200

The size of Bankstown is approximately 6.5 square kilometres. It has 25 parks covering nearly 5.8% of total area. The population of Bankstown in 2011 was 30,571 people. By 2016 the population was 32,103 showing a population growth of 5.0% in the area during that time. The predominant age group in Bankstown is 20-29 years. Households in Bankstown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bankstown work in a professional occupation. In 2011, 52.4% of the homes in Bankstown were owner-occupied compared with 48.2% in 2016.

Bankstown has 15,842 properties. Over the last 5 years, Houses in Bankstown have seen a 56.86% increase in median value, while Units have seen a 15.40% increase. As at 30 September 2024:

  • The median value for Houses in Bankstown is $1,404,334 while the median value for Units is $546,532.
  • Houses have a median rent of $720 while Units have a median rent of $570.
There are currently 84 properties listed for sale, and 59 properties listed for rent in Bankstown on OnTheHouse. According to CoreLogic's data, 824 properties were sold in the past 12 months in Bankstown.

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