56/17 Rickard RoadBankstown NSW 2200
Property Details for 56/17 Rickard Rd, Bankstown
56/17 Rickard Rd, Bankstown is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 11022m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
Last Listing description (April 2022)
Perfectly located just 10 minutes walk to Bankstown train station which will be a part of the Sydenham to Bankstown Metroline operational in 2024, and 5 minutes walk to the new University Of Western Sydney Tower Campus which is opening in 2023, this is a great opportunity for first home buyers and investors alike. This unit has a spacious open plan lounge and dining area, 2 big bedrooms with built-ins, and a smaller 3rd bedroom. The bathroom has been beautifully renovated and has a shower and toilet combined with the laundry. The kitchen has the best lime green benchtops in the whole of Bankstown. But the kitchen is big and you can install your wife's dream kitchen and put a smile on her face. You know what they say, happy wife, happy life! Strata fees are $673.57 per quarter, Council Rates are $295 per quarter, and Water Rates are $153.56 per quarter. This unit is currently owner occupied but could be rented for $400-$450 per week in the current market. This unit complex was built on a massive 11,000m2 block extending from Rickard Rd through to Myrtle Rd. The land has been rezoned to allow the development of high rise units up to 10 levels high under the new Bankstown City Centre Master Plan. There is a possibility that the whole complex will be purchased in the future for redevelopment and this could result in a payout far above the initial purchase price you pay for a unit there today.
For further details, please call Graeme Rudder on 0410306880.
Property History for 56/17 Rickard Rd, Bankstown, NSW 2200
- 23 Apr 2022Sold for $459,000
- 21 Nov 2021Listed for Sale AUCTION THIS SATURDAY 23RD APRIL AT 4:00PM
- 03 Mar 2021Listed for Rent $490 / week
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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 15,880 properties. Over the last 5 years, Houses in Bankstown have seen a 57.96% increase in median value, while Units have seen a 16.16% increase. As at 31 August 2024:
- The median value for Houses in Bankstown is $1,387,720 while the median value for Units is $540,402.
- Houses have a median rent of $720 while Units have a median rent of $570.
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