Back 48/17-27 Rickard Road
Off Market

48/17-27 Rickard Road

Bankstown NSW 2200

2
1
1
125 m²
Unit
Last sold for $560,000
Graeme RudderGraeme Rudder, last sold this property on 02 July 2026 after 48 days on market.

Overview

In The Heart Of The CBD, At An Affordable Price

Perfectly positioned just a 10-minute walk from Bankstown Station and the future Metro line, this top floor apartment offers convenience, space and excellent long-term investment potential in the heart of Bankstown's CBD. It is also only a short 5-minute stroll to the new Western Sydney University tower campus, making it an ideal choice for first home buyers and investors alike. Set on the top floor with attractive district views from the generous balcony, the unit features two oversized bedrooms, both with built-in wardrobes, and a modern bathroom complete with separate shower, bathtub and toilet. Entertainers will love the massive open plan lounge and dining area, while the stylish polyurethane kitchen offers stainless steel appliances, and plenty of cupboard space. Additional features include a spacious internal laundry, split system air-conditioning, attractive porcelain tiled flooring throughout, a single lock-up garage and ample visitor parking. Currently leased at $480 per week, the property offers strong rental upside with an estimated market rent of approximately $600 per week. The current lease expires on 24/05/2026, providing the flexibility to move in with vacant possession if desired. Property features include: Top floor position with attractive district views Two large bedrooms, master with walk-in-robe, second with built-in wardrobe. Massive open plan lounge and dining area Stylish polyurethane kitchen with stainless steel appliances Modern bathroom with separate shower and bathtub Spacious internal laundry Split system air-conditioning Porcelain tiled floors throughout Large balcony Single lock-up garage plus visitor parking Short walk to Bankstown Station, future Metro and Western Sydney University & all the amenities of Bankstown's CBD Areas: Internal including balcony: 108m² Total including garage: 125m² Lock-up garage: 17m² Outgoings: Strata: $831.27 per quarter Council: $429 per quarter Water: $211.09 per quarter Well-maintained complex on a massive 11,000m² site An exciting additional benefit is the future redevelopment potential of the complex. The land has been rezoned to permit high-rise residential development up to 10 storeys, creating the possibility of a future site acquisition and redevelopment that may deliver substantial upside for owners. For further information or to arrange an inspection, contact Graeme on 0410 306 880.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
125 m² floor area
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 48/17-27 Rickard Road is $600k.

Median value
$600k
Estimated value range
$400k - $715k
Median days on market
27
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 48/17-27 Rickard Road

2026
Sold
$560,000
02 Jul 2026 by Graeme Rudder, of Ray White Bankstown
2021
Rented
Undisclosed
Leased on 23 Jun 2021 by Ray White Bankstown
2020
Rented
Undisclosed
Leased on 23 Jan 2020 by WT Newey & Co

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 76 reviews in Bankstown over the last 12 months.

Local market activity for 2 bedroom units in Bankstown

In the last 12 months, 72 two-bedroom units similar to 48/17-27 Rickard Road, have been sold.

This represents a 46% increase in two-bedroom units sales when compared to the previous 12 months.

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