SOLD
Sold on 19 Apr 2024 for $430,000

71/7 Cross Street
Bankstown NSW 2200

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 2564m2
Save

Property Details for 71/7 Cross St, Bankstown

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.

Building Type
Unit
Year Built
2004
Floor Size
70m2
Land Size
2564m2
Local Government
Canterbury-Bankstown
Lot/Plan
71/SP74698

Last Listing description (June 2024)

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!

Property History for 71/7 Cross St, Bankstown, NSW 2200

A timeline of how this property has performed in the market
Last Sold
$430,000
19 Apr 2024
  • 19 Apr 2024
    Sold for $430,000
  • 16 Apr 2024
    Listed for Sale $449,950
  • 20 Apr 2015
    Sold for $449,000
Sign in to see more transactions

Commute Calculator

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 59 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

Market Insights
Bankstown Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Bankstown Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Graeme Rudder
Show contact details
Jeremiah Shashati
Show contact details
Ray White Bankstown
Preferred contact:
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.