OFF MARKET

324 Hume Highway
Bankstown NSW 2200

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 4000m2
Land area: 1760m2
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Property Details for 324 Hume Hwy, Bankstown

Building Type
Commercial
Floor Size
4000m2
Land Size
1760m2
Local Government
Canterbury-Bankstown
Lot/Plan
2/5/DP192509

Last Listing description (May 2008)

9% Nett Return - Guaranteed for 5 Years!
What other property is offering a 9% return (net) guaranteed for 5 years?
Large, Bulky-Goods retail facility in Bankstown with over 6000sqm of lettable area capable of returning over $1,100,000 net per annum. The owners are so confident of the return they are offering this property for sale with a guaranteed income of $1,100,000 each year for 5 years.

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Property History for 324 Hume Hwy, Bankstown, NSW 2200

A timeline of how this property has performed in the market
Last Sold
$2,500,000
16 May 2022
Listed for Rent
25 Jan 2013
  • 16 May 2022
    Sold for $2,500,000
  • 15 Nov 2012
    Listed for Rent - Price not available
  • 06 May 2011
    Listed for Rent - Price not available
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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 15,888 properties. Over the last 5 years, Houses in Bankstown have seen a 54.34% increase in median value, while Units have seen a 15.20% increase. As at 30 November 2024:

  • The median value for Houses in Bankstown is $1,412,079 while the median value for Units is $553,758.
  • Houses have a median rent of $720 while Units have a median rent of $580.
There are currently 58 properties listed for sale, and 64 properties listed for rent in Bankstown on OnTheHouse. According to CoreLogic's data, 773 properties were sold in the past 12 months in Bankstown.

Suburb Insights for Bankstown 2200

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.