22 Jacobs St, Bankstown is a 5 bedroom, 3 bathroom House with 4 parking spaces. The property has a land size of 617m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
For the first time in its history, this monumental residence will be offered to the market. Every aspect of this home boasts grandeur, from the concrete slab and double brick structure, to the oversized bedrooms and several living/dining rooms on offer. Set on over 613m2 of land and perched on the high side of the street, this 5-bedroom residence is located in the heart of Bankstown's thriving CBD. The current home needs some renovation to bring it back to its former glory, but the minute you enter the residence you will get excited by the value you can add and reap from this residence.
Offering R4 zoned opportunities and array of potential for developers and savvy investors, this is a rare opportunity in the Bankstown real estate market. Just steps away from Bankstown's shopping hub, train station, arterial buses, schools and tertiary education centres, the location of this home has hit the bullseye.
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 15,852 properties. Over the last 5 years, Houses in Bankstown have seen a 56.63% increase in median value, while Units have seen a 14.62% increase. As at 31 October 2024:
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