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15/489 Chapel Rd, Bankstown NSW 2200

Bankstown Unit
Last sold $450,000 21 May 2024
Technical details
Title reference15/SP3394
Site area (whole strata scheme)2,269 m²
ZoningR4 High Density Residential
Nature of propertyResidence
Primary purposeResidence
Valuation district258
Property ID1339310

How this sale compares

Sold for $450,000 in May 2024, up $20,000 (5%) on the $430,000 paid in Feb 2017. That is about 0.6% a year over 7.3 years.

Over the same period the median unit price in Bankstown rose 1%, from $535,000 in 2017 to $540,000 in 2024.

The 2024 sale was 17% below the Bankstown median unit price for that year ($540,000 across 560 sales).

Since then the median unit price in Bankstown has risen 14%, from $540,000 in 2024 to $615,000 over the last 12 months (323 sales).

Bankstown medians use NSW Valuer General sales of $50,000 or more, leaving out part-interest transfers and contracts covering several properties, and need at least 10 sales in the period. See Bankstown sold prices by year.

Rent and yield

Units in postcode 2200 rented for a median $600 a week, from 880 bonds lodged Oct 2025 to Sep 2026.

On its last sale of $450,000 on 21 May 2024, that rent is a gross yield of 6.9% a year, before costs and vacancies.

Median weekly rents from residential rental bonds lodged with NSW Fair Trading, by postcode. This home's own rent may differ. See rents by bedrooms in Bankstown.

Planning controls

Zone
MU1 Mixed Use
Minimum lot size
450 m² For subdividing the whole site, not one unit
Maximum building height
35 m
Floor space ratio
2.7:1 Floor area allowed for each square metre of site

From the Canterbury-Bankstown Local Environmental Plan 2023 maps on the NSW Planning Portal, looked up at this address's map point on 22 Oct 2026. A control can cover only part of a site and plans change, so the council's planning certificate is the formal record. Planning data from the NSW Department of Planning, Housing and Infrastructure, CC BY 4.0.

Sale history

Sold is the contract date, when the sale was agreed. Settled is the date ownership transferred.

Beds Baths Cars Title reference
21 May 2024 16 Jul 2024 $450,000 - - - 15/SP3394
2 Feb 2017 22 Mar 2017 $430,000 - - - 15/SP3394
$450,000 Sold 21 May 2024
Settled16 Jul 2024
Beds-
Baths-
Cars-

Title reference: 15/SP3394

$430,000 Sold 2 Feb 2017
Settled22 Mar 2017
Beds-
Baths-
Cars-

Title reference: 15/SP3394

Other sales at 489 Chapel Rd

The most recent sales of other units in this building. See every sale in the building.

Beds Baths Cars Title reference
3 14 Sep 2026 12 Oct 2026 $538,000 - - - 3/SP3394
4 20 Feb 2026 13 Apr 2026 $699,000 - - - 4/SP3394
18 22 Sep 2025 3 Nov 2025 $480,000 - - - 18/SP3394
16 12 Jul 2024 23 Aug 2024 $490,000 - - - 16/SP3394
1 14 Nov 2023 27 Dec 2023 $517,000 - - - 1/SP3394
3 10 Jul 2023 21 Aug 2023 $421,000 - - - 3/SP3394
7 1 Feb 2023 15 Mar 2023 $480,000 - - - 7/SP3394
14 29 Jan 2022 14 Mar 2022 $470,000 - - - 14/SP3394
2 20 Jan 2022 3 Mar 2022 $490,000 - - - 2/SP3394
17 10 Jan 2022 21 Feb 2022 $425,000 - - - 17/SP3394
$538,000 Sold 14 Sep 2026
Unit3
Settled12 Oct 2026
Beds-
Baths-
Cars-

Title reference: 3/SP3394

$699,000 Sold 20 Feb 2026
Unit4
Settled13 Apr 2026
Beds-
Baths-
Cars-

Title reference: 4/SP3394

$480,000 Sold 22 Sep 2025
Unit18
Settled3 Nov 2025
Beds-
Baths-
Cars-

Title reference: 18/SP3394

$490,000 Sold 12 Jul 2024
Unit16
Settled23 Aug 2024
Beds-
Baths-
Cars-

Title reference: 16/SP3394

$517,000 Sold 14 Nov 2023
Unit1
Settled27 Dec 2023
Beds-
Baths-
Cars-

Title reference: 1/SP3394

$421,000 Sold 10 Jul 2023
Unit3
Settled21 Aug 2023
Beds-
Baths-
Cars-

Title reference: 3/SP3394

$480,000 Sold 1 Feb 2023
Unit7
Settled15 Mar 2023
Beds-
Baths-
Cars-

Title reference: 7/SP3394

$470,000 Sold 29 Jan 2022
Unit14
Settled14 Mar 2022
Beds-
Baths-
Cars-

Title reference: 14/SP3394

$490,000 Sold 20 Jan 2022
Unit2
Settled3 Mar 2022
Beds-
Baths-
Cars-

Title reference: 2/SP3394

$425,000 Sold 10 Jan 2022
Unit17
Settled21 Feb 2022
Beds-
Baths-
Cars-

Title reference: 17/SP3394

Recent sales on Chapel Rd

Sold in the last two years.

See all sales on Chapel Rd

Recent sales nearby

Sold in the last 12 months within about 400 metres.

See all sold prices in Bankstown

Map