13/7 Cross StreetBankstown NSW 2200
Property Details for 13/7 Cross St, Bankstown
13/7 Cross St, Bankstown is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 116m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Last Listing description (September 2023)
This is a wonderful investment opportunity in an excellent location. The apartment is ideally situated within walking distance of the train and bus stations, schools, restaurants, and a family-friendly park right across the street.
The property is currently tenanted at $470 per week with the lease expiring in February 2024, providing excellent rental yield and no need to expense costs in finding a great tenant paying great rent.
The apartment itself is a sunny and well-maintained two-bedroom unit with updated flooring in the bedrooms, a convenient second toilet in the spacious laundry area, and a great open floor plan leading to a spacious balcony. The kitchen is at the heart of the home and features double sinks on black granite benchtops and gas cooking.
The building and garage are secured by sixteen cameras accessible 24/7 via your mobile, ensuring your safety and peace of mind. Your parking is in a private, underground, and spacious lock-up garage cage that can easily fit a large car and storage.
Key features include 116m2 total unit size including LUG, a secure building with lift access straight from the garage to your doorstep, built-in wardrobes in both rooms, a large laundry area including a second toilet, a spacious bathroom, an air conditioning unit in the living room, and floorboards in the bedrooms. The building is also pet-friendly (subject to strata).
Don't miss out on this great opportunity | Chicky Fonseka 0499 411 170
Property History for 13/7 Cross St, Bankstown, NSW 2200
- 07 Aug 2023Sold for $420,000
- 24 Jul 2023Listed for Sale $429,950
- 08 Dec 2022Listed for Rent $470 / week
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0About 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 15,996 properties. Over the last 5 years, Houses in Bankstown have seen a 59.87% increase in median value, while Units have seen a 16.86% increase. As at 31 July 2024:
- The median value for Houses in Bankstown is $1,370,296 while the median value for Units is $535,017.
- Houses have a median rent of $700 while Units have a median rent of $560.
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