SOLD
Sold on 09 Feb 2024 for $650,000

703/16 Meredith Street
Bankstown NSW 2200

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 95m2
Land area: 2479m2
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Property Details for 703/16 Meredith St, Bankstown

703/16 Meredith St, Bankstown is a 3 bedroom, 2 bathroom Unit and was built in 2004. The property has a land size of 2479m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Unit sold in Bankstown in the last 12 months.

Building Type
Unit
Year Built
2004
Floor Size
95m2
Land Size
2479m2
Local Government
Canterbury-Bankstown
Lot/Plan
63/SP73400

Last Listing description (March 2024)

Located just 5 minutes walk from the station at Bankstown, this unit is in the heart of Bankstown CBD. It is on the 7th floor with a sunny outlook with district views. It offers three big bedrooms, all with built-ins, master with a beautiful en-suite, a spacious open plan lounge and dining area, a stylish poly kitchen with stainless steel appliances and gas cooking, and a modern main bathroom, with an internal laundry.

There is a secure side by side double car space with plenty of visitor parking. There is potential to convert the car spaces to proper lock-up garages as some owners in the building have done so with strata approval. This building is across the road from the new Bankstown RSL Club and next door to the Bankstown Police Station. Lots of quality inclusions, like porcelain tiled floors, split system air conditioning, generous balcony and lots more. Internal area of 102m2 including the balcony, and 140m2 in total. This is a great opportunity for first home buyers and investors.

Inspection by appointment welcome.

Property History for 703/16 Meredith St, Bankstown, NSW 2200

A timeline of how this property has performed in the market
Last Sold
$650,000
09 Feb 2024
Listed for Rent
$520/w
02 Jul 2019
  • 09 Feb 2024
    Sold for $650,000
  • 11 Jan 2024
    Listed for Sale $659,950
  • 10 May 2019
    Listed for Rent - Price not available
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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 61 properties listed for sale, and 65 properties listed for rent in Bankstown on OnTheHouse. According to CoreLogic's data, 790 properties were sold in the past 12 months in Bankstown.

Suburb Insights for Bankstown 2200

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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.