OFF MARKET

709/16-20 Meredith Street
Bankstown NSW 2200

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 95m2
Land area: 1834m2
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Last updated 28 Oct 2024
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Property Details for 709/16-20 Meredith St, Bankstown

709/16-20 Meredith St, Bankstown is a 3 bedroom, 2 bathroom Unit and was built in 2004. The property has a land size of 1834m2 and floor size of 95m2.

Building Type
Unit
Year Built
2004
Floor Size
95m2
Land Size
1834m2
Local Government
Canterbury-Bankstown

Last Listing description (October 2024)

Located just 5 minutes walk from the station at Bankstown (and future Metroline station) and the new University Of Western Sydney Tower Campus, this unit is in the heart of Bankstown CBD. It is on the 7th floor with a sunny easterly outlook over Meredith Street and has attractive district views.

It offers 3 big bedrooms, all with built-ins, a master with a beautiful ensuite, 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 lock-up garage with a storage cabinet. 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 split system air conditioning, clothes dryer, generous sized balcony and lots more.

Internal area of 105m2 including the balcony, and 135m2 in total. This unit is currently vacant but could be rented for $700 per week in the current market. Strata is only $1148 per quarter. It is a great opportunity for first-home buyers and investors. Inspection by appointment is welcome.

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Property History for 709/16-20 Meredith St, Bankstown, NSW 2200

A timeline of how this property has performed in the market
  • 16 Jul 2024
    Listed for Sale $679,950
  • 08 May 2020
    Listed for Sale Call Agent
  • 22 Feb 2020
    Listed for Sale $619,000

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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 15,842 properties. Over the last 5 years, Houses in Bankstown have seen a 56.86% increase in median value, while Units have seen a 15.40% increase. As at 30 September 2024:

  • The median value for Houses in Bankstown is $1,404,334 while the median value for Units is $546,532.
  • Houses have a median rent of $720 while Units have a median rent of $570.
There are currently 84 properties listed for sale, and 59 properties listed for rent in Bankstown on OnTheHouse. According to CoreLogic's data, 824 properties were sold in the past 12 months in Bankstown.

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