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Sold on 09 Jul 2024 - Price Unavailable

801/5 French Avenue
Bankstown NSW 2200

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 116m2
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Property Details for 801/5 French Ave, Bankstown

801/5 French Ave, Bankstown is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Bankstown in the last 12 months.

Building Type
Unit
Floor Size
116m2

Last Listing description (July 2024)

This 8th floor unit, faces over the street, with a sunny easterly outlook and a massive balcony which gives attractive district views. It is great for entertaining. Located just 9 minutes walk from the station at Bankstown, this unit is close to all of the amenities of Bankstown CBD. It is just 3 minutes walk from the new University Of Western Sydney tower campus. It offers 2 big bedrooms, both with built-ins, and the master bedroom has a beautiful ensuite. Entertainers will enjoy the spacious open plan lounge and dining area, and the poly kitchen with Caesarstone benchtops, stainless steel appliances, including dishwasher & built-in microwave, and gas cooking. The main bathroom is elegant and has a separate shower, bath tub and toilet. There is split system air-conditioning and a video-intercom system installed, and timber floors through all of the living areas with plush carpet in the bedrooms. There is also a single secure car space, and there is plenty of visitor parking. This unit is currently vacant but could be tenanted for $630-$650 per week in the current market. Internal area of 102m2 including the balcony, and 116m2 in total. Strata is a low $888.96 per quarter and they maintain the building in a very good condition. This building is 5 years old but it has been built very well and has stood up to the test of time. This is a great opportunity for first home buyers and investors. Inspection by appointment is welcome.

Property History for 801/5 French Ave, Bankstown, NSW 2200

A timeline of how this property has performed in the market
Last Sold
09 Jul 2024
  • 25 Jun 2024
    Sold for $620,000
  • 11 Jun 2024
    Listed for Sale $629,950

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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 60 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

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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.