29/2 French Ave, Bankstown is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 91m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Bankstown in the last 12 months.
Located just 10 minutes walk from the station at Bankstown, this unit is close to all of the amenities of Bankstown CBD, including the new University of Western Sydney tower campus. It is on the 1st floor and has 2 sunny balconies. One of the balconies is closed in and private, the other is very generous in size and ideal for entertaining. This unit offers 2 big bedrooms, both with built-ins. The kitchen is a stylish poly design with Caesarstone benchtops, stainless steel appliances, and gas cooking. The bathroom is elegant and has a separate shower, spa bath tub and toilet. The laundry is concealed near the kitchen and has a clothes dryer included. There is also secure parking in the single car space. This unit is currently rented to lovely tenants for $420 per week but could be rented for $450-$470 per week in the current market. The lease has expired, so you can move in within 6-10 weeks if you wish to. It has an internal area of 77m2 including the balconies, and 91m2 total including the car space. Strata is $1,668.20 per quarter as they have just appointed a new strata manager to help them get the building back into shape. This building is 24 years old and there are 60 lots spread over 8 levels, and there are 2 lifts that service it. Families will love the sparkling indoor pool in the complex on the same level as this unit. This is a great opportunity for first home buyers and investors. Call Graeme to organize an inspection today!
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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