SOLD
Sold on 17 Feb 2024 for $477,000

408/16 Meredith Street
Bankstown NSW 2200

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 81m2
Land area: 2479m2
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Property Details for 408/16 Meredith St, Bankstown

408/16 Meredith St, Bankstown is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 2479m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Bankstown in the last 12 months.

Building Type
Unit
Year Built
2004
Floor Size
81m2
Land Size
2479m2
Local Government
Canterbury-Bankstown
Lot/Plan
32/SP73400

Last Listing description (April 2024)

A prime choice for first home buyers or investors this apartment is highly positioned on the 4th floor of a security building complete with mezzanine floor, video intercom and dual lift service. Be impressed by the layout and impressive inclusions, offering:

* 2 bedrooms with built-in wardrobes

* Open plan living/dining area extending to undercover balcony
* Ensuite bathroom to main as well as second balcony
* Polyurethane kitchen with granite benches and gas cook-top
* Basement secure car space
* Split System air conditioning
* Walking distance to all amenities including Bankstown railway station, Bankstown RSL and newly built Western Sydney University (Bankstown City Campus)
* Approximate quarterly outgoings: levy $971.90 water rates $186.00 council rates $401.00

Property History for 408/16 Meredith St, Bankstown, NSW 2200

A timeline of how this property has performed in the market
Last Sold
$477,000
17 Feb 2024
Listed for Rent
$480/w
17 Jul 2020
  • 17 Feb 2024
    Sold for $477,000
  • 26 Jan 2024
    Listed for Sale $499,000
  • 17 Jul 2020
    Listed for Sale Price guide $420,000
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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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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.