SOLD
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Sold on 10 Apr 2024 for $610,000

7/61 Reynolds Avenue
Bankstown NSW 2200

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 162m2
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Property Details for 7/61 Reynolds Ave, Bankstown

7/61 Reynolds Ave, Bankstown is a 3 bedroom, 1 bathroom Apartment with 2 parking spaces. The property has a land size of 162m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom Apartment sold in Bankstown in the last 12 months.

Building Type
Apartment
Land Size
162m2
Local Government
Canterbury-Bankstown
Lot/Plan
7/SP64696

Last Listing description (April 2024)

Nestled in a peaceful street, opposite the family-friendly Alice Park, this extra-large apartment delivers spacious and convenient family living at an affordable price point.

Located just a 5-minute drive to Bankstown Central and an array of shops, cafes and transport options and within a secure complex, it is an outstanding opportunity for the growing family and investors looking for value.

Enhanced with a tandem basement lockup garage and two sizeable alfresco balconies overlooking the lush complex gardens, this property offers the rare luxury of ample space and generous proportions throughout. With scope to update and enhance with personalised renovations, this property offers incredible value and future capital potential.

- 3 well-proportioned bedrooms with built-in wardrobes
- Large open-plan living area with separate dining area and A/C
- Kitchen with ample benchtops, a servery window and gas cooking
- Fully tiled and spacious bathroom with bathtub
- Two expansive alfresco balconies, perfect for outdoor dining and entertaining
- Remote control tandem garage in security basement with storage
- Convenient separate internal laundry
- 4-minute drive to Bankstown Station and 5 minutes to Bankstown CBD
- Currently leased to long term tenant

Size: 126m2 + 36m2 (Garage) = 162m2 approx.
Strata: $627.40 pq approx.
Council: $401 pq approx.
Water: $178.42 pq approx.

For Sale: By Negotiation
Inspection: As Advertised or By Appt
Details: Michael Sabongi 0448 419 008 & Jenny Nassour 9758 2744

All precaution has been taken to determine the accuracy of the above information however, all interested parties are to rely on their own inquiries and professional advice.

Property History for 7/61 Reynolds Ave, Bankstown, NSW 2200

A timeline of how this property has performed in the market
Last Sold
$610,000
10 Apr 2024
Listed for Rent
$600/w
04 Jun 2024
  • 11 May 2024
    Listed for Rent - Price not available
  • 22 Mar 2024
    Sold for $610,000
  • 21 Oct 2019
    Sold for $530,000
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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 15,852 properties. Over the last 5 years, Houses in Bankstown have seen a 56.63% increase in median value, while Units have seen a 14.62% increase. As at 31 October 2024:

  • The median value for Houses in Bankstown is $1,416,285 while the median value for Units is $548,586.
  • Houses have a median rent of $720 while Units have a median rent of $580.
There are currently 72 properties listed for sale, and 77 properties listed for rent in Bankstown on OnTheHouse. According to CoreLogic's data, 830 properties were sold in the past 12 months in Bankstown.

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Contact agent
Michael Sabongi
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Jenny Nassour
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Professionals Belmore
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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.