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Overview
This well-constructed full-brick unit at 15/180 Chapel Road in Bankstown presents an attractive proposition for a variety of buyers including first-home purchasers, downsizers, and investors. Its solid construction promises durability and low maintenance, matched with a practical layout that optimises the available space.
Featuring two spacious bedrooms alongside a single bathroom, the unit caters efficiently to small families, couples, or individuals seeking a manageable residence. A significant feature is the provision of two garage parking spaces, an advantage in this location and beneficial for residents with multiple vehicles or those who require additional storage.
With a modest building area of 97 square metres set on a 133 square metre parcel of land, the property offers a balance between ample indoor living space and manageable outdoor maintenance. Located close to essential amenities such as schools, shops, and public transport, the unit ensures convenience for daily living and connectivity to the wider Bankstown area. This proximity also supports lifestyle ease for residents depending on their commuting needs.
Investors will find the existing lease insights valuable; though the property is currently off the market following an expired lease at $470 per week, the local rental market suggests potential returns around $550 to $570 weekly, indicating a possible increase in investment yield. Additionally, the low-maintenance lifestyle associated with this unit-type reinforces its appeal for a variety of ownership circumstances.
Overall, this property represents a sound opportunity to secure a well-positioned unit in a convenient suburban setting, offering both lifestyle and investment merits in equal measure.
- Full brick construction ensuring longevity and durability
- Two garage spaces—an uncommon feature for units
- Strategically located near schools, shops and public transport
- Manageable land size complementing low maintenance living
- Suitable for multiple market segments including first-home buyers, downsizers and investors
- Potential for rental income growth in the current market
Local Market Insights
In Bankstown, Quiet Listings observed 14 new units entering the market over the last 30 days, up from 7 during the previous 30-day period, with an average advertised asking price of $604,753. The property type mix of listed properties is predominantly Units at 38%, followed by houses (33%), and apartments (19%). The most active agency for units in the Bankstown area is currently Ray White, representing 57% of new listings, followed by INSTA PROPERTY with 21%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Market Insights for Bankstown NSW 2200
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