SOLD
Sold on 21 May 2024 for $522,575

6/48 Reynolds Avenue
Bankstown NSW 2200

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 1086m2
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Property Details for 6/48 Reynolds Ave, Bankstown

6/48 Reynolds Ave, Bankstown is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 1086m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Bankstown in the last 12 months.

Building Type
Unit
Year Built
1996
Floor Size
86m2
Land Size
1086m2
Local Government
Canterbury-Bankstown
Lot/Plan
6/SP51627

Last Listing description (July 2024)

Located in a quiet position, this sunny middle floor unit faces West, and is just 15 minutes walk to Bankstown Station and the new Metroline, and only 10 minutes walk to the new University Of Sydney Tower Campus, and all the amenities of the CBD.

It offers 2 big bedrooms, main with built-in, a generous sized lounge and dining area, and a stylish poly kitchen with gas cooking. The bathroom is modern with a separate shower, bathtub and toilet. The internal laundry is full sized not in a cupboard like some units.

This unit has been beautifully tiled throughout. You will enjoy the large balcony which is great for entertaining and has some attractive district views. The internal area of the unit including the balcony is 94m2. There is a single lock-up garage of 17m2, making the total area 111m2. Strata is a low $590.22 per quarter.

This building is 28 years old but in good condition for its age. This is a great opportunity for first home buyers and investors. This unit is owner occupied and in immaculate condition. But it could be rented for $520-$550 per week in the current market.

Call Graeme on 0410 306 880 to inspect today.

Property History for 6/48 Reynolds Ave, Bankstown, NSW 2200

A timeline of how this property has performed in the market
Last Sold
$522,575
21 May 2024
  • 21 May 2024
    Sold for $522,575
  • 16 May 2024
    Listed for Sale $499,950
  • 21 Mar 2019
    Sold for $458,000
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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 15,891 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 60 properties listed for sale, and 67 properties listed for rent in Bankstown on OnTheHouse. According to CoreLogic's data, 786 properties were sold in the past 12 months in Bankstown.

Suburb Insights for Bankstown 2200

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Contact agent
Graeme Rudder
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Jeremiah Shashati
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Ray White 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.