71/7 Cross St, Bankstown is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 2564m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Bankstown in the last 12 months.
Located just 10 minutes walk from the station at Bankstown, this unit is close to all of the amenities of Bankstown CBD, including the new University of Western Sydney tower campus. It is on the 1st floor with a sunny North-Easterly outlook.
It offers 2 big bedrooms, both with a built-ins. Entertainers will enjoy the spacious open plan lounge and dining area. The kitchen is a stylish poly design with granite benchtops, stainless steel appliances, and gas cooking. The bathroom is elegant and has a separate shower, bath tub and toilet. The laundry is full-sized and has a second toilet as well. There is also a single lock-up garage, and there is plenty of visitor parking. This unit is currently owner occupied but could be rented for $530-$550 per week in the current market. Internal area of 86m2 including the balcony, and 105m2 in total.
Strata is $1489.63 per quarter as they have just appointed a new strata manager to help them get the building back into shape. This building is 18 years old and there are 83 lots spread over 8 levels. This unit is on Level 5 facing to the East. This is a great opportunity for first home buyers and investors.
Call Graeme to organize an inspection today!
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:
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