OFF MARKET

503/61-63 Rickard Road
Bankstown NSW 2200

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 98m2
Land area: 139m2
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Property Details for 503/61-63 Rickard Rd, Bankstown

503/61-63 Rickard Rd, Bankstown is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2017. The property has a land size of 139m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
2017
Floor Size
98m2
Land Size
139m2
Local Government
Canterbury-Bankstown
Lot/Plan
35/SP91053

Last Listing description (April 2022)

Located just 7 minutes walk from the station at Bankstown, this unit is close to all of the amenities of Bankstown CBD. It is just across the road from the new University Of Western Sydney tower campus. It is on the 5th floor with a sunny outlook and a generous sized balcony which gives attractive district views.

It offers three big bedrooms, all with built-ins, and the master bedroom has a beautiful en-suite. Entertainers will enjoy the spacious open plan lounge and dining area, and the poly kitchen with granite benchtops, stainless steel appliances and gas cooking. The main bathroom is elegant and has a separate shower, bath tub and toilet. The internal laundry is full sized, not just a cupboard. There is split system air-conditioning and a video-intercom system installed. There are also two secure car spaces plus a 2m2 storage cage, and there is plenty of visitor parking.

This unit is currently owner occupied but could be rented for $500-$550 per week in the current market. Internal area of 123m2 including the balcony, and 152m2 in total. Strata is a low $803.83 per quarter and they maintain the building in a very good condition. This building is just over 5 years old but it has been built very well and has stood up to the test of time. This is a great opportunity for first home buyers and investors. Inspection by appointment is welcome.

Property History for 503/61-63 Rickard Rd, Bankstown, NSW 2200

A timeline of how this property has performed in the market
Last Sold
$700,255
31 Mar 2022
  • 31 Mar 2022
    Sold for $700,255
  • 28 Feb 2022
    Listed for Sale $699,950
  • 06 Mar 2017
    Sold for $705,000

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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 15,996 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.
There are currently 67 properties listed for sale, and 36 properties listed for rent in Bankstown on OnTheHouse. According to CoreLogic's data, 855 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.