Back 31/1 Bungalow Cres
Off Market

31/1 Bungalow Cres

Bankstown NSW 2200

2
1
2
123 m²
Unit
Last sold for $501,185
Graeme RudderGraeme Rudder, last sold this property on 26 October 2023 after 65 days on market.

Overview

In The Heart Of Bankstown's CBD

Located just five minutes walk from the station at Bankstown, this unit is close to all of the amenities of Bankstown CBD. It is also just ten minutes walk from the new University of Western Sydney tower campus. It is on the middle floor with a sunny outlook and a generous sized balcony. It offers two big bedrooms, main with built-in, a massive open plan lounge and dining area, and a poly kitchen with stainless steel appliances, granite benchtops, and gas cooking. The bathroom is modern, and the internal laundry is full sized, not just a cupboard. There are attractive ceramic tiles throughout. There is a double tandem lock-up garage, and there is plenty of visitor parking. This unit is currently rented but the lease has expired and you can move in if you want to. It could be rented for $500-$530 per week in the current market. Internal area of 95m2 including the balcony, and 123m2 in total. This is a great opportunity for first home buyers and investors. Inspection by appointment welcome.

Features

2 bedrooms
1 bathroom
2 carspaces
2 garage spaces
123 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Bankstown over the last 12 months, the estimated median property value of 31/1 Bungalow Cres is $600k.

Median value
$600k
Estimated value range
$400k - $715k
Median days on market
25
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Bankstown. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 31/1 Bungalow Cres

2024
Rented
Undisclosed
Leased on 04 Apr 2024 by Ray White Bankstown
2023
Sold
$501,185
26 Oct 2023 by Graeme Rudder, of Ray White Bankstown
2019
Rented
Undisclosed
Leased on 06 Dec 2019 by Richardson & Wrench Bankstown

Happy sellers in Bankstown

90%
90% of sellers in Bankstown reported that their sale price either exceeded or met their price expectations.

Bankstown stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 75 reviews in Bankstown over the last 12 months.

Local market activity for 2 bedroom units in Bankstown

In the last 12 months, 73 two-bedroom units similar to 31/1 Bungalow Cres, have been sold.

This represents a 45% increase in two-bedroom units sales when compared to the previous 12 months.

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