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5/8 Melanie St, Bankstown NSW 2200

Bankstown Unit
Last sold $415,000 3 Jul 2023
Technical details
Title reference5/SP86539
Site area (whole strata scheme)1,666 m²
ZoningR4 High Density Residential
Nature of propertyResidence
Primary purposeResidence
Valuation district258
Property ID3626988

How this sale compares

Sold for $415,000 in Jul 2023, down $25,000 (6%) on the $440,000 paid in Mar 2015. That is a fall of about 0.7% a year over 8.3 years.

Over the same period the median unit price in Bankstown fell 3%, from $520,000 in 2015 to $505,000 in 2023.

The 2023 sale was 18% below the Bankstown median unit price for that year ($505,000 across 603 sales).

Since then the median unit price in Bankstown has risen 22%, from $505,000 in 2023 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 $415,000 on 3 Jul 2023, that rent is a gross yield of 7.5% 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.

Sale history

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

Beds Baths Cars Title reference
3 Jul 2023 14 Aug 2023 $415,000 - - - 5/SP86539
5 Mar 2015 4 May 2015 $440,000 - - - 5/SP86539
$415,000 Sold 3 Jul 2023
Settled14 Aug 2023
Beds-
Baths-
Cars-

Title reference: 5/SP86539

$440,000 Sold 5 Mar 2015
Settled4 May 2015
Beds-
Baths-
Cars-

Title reference: 5/SP86539

Other sales at 8 Melanie St

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

Beds Baths Cars Title reference
12 23 Jun 2026 21 Sep 2026 $805,000 - - - 12/SP86539
16 11 Oct 2024 22 Nov 2024 $525,000 - - - 16/SP86539
16 7 Aug 2023 18 Sep 2023 $509,950 - - - 16/SP86539
14 15 Sep 2022 24 Nov 2022 $490,000 - - - 14/SP86539
4 17 Nov 2021 14 Jan 2022 $500,000 - - - 4/SP86539
13 31 Jul 2017 11 Sep 2017 $625,000 - - - 13/SP86539
6 30 Apr 2015 11 Jun 2015 $472,000 - - - 6/SP86539
$805,000 Sold 23 Jun 2026
Unit12
Settled21 Sep 2026
Beds-
Baths-
Cars-

Title reference: 12/SP86539

$525,000 Sold 11 Oct 2024
Unit16
Settled22 Nov 2024
Beds-
Baths-
Cars-

Title reference: 16/SP86539

$509,950 Sold 7 Aug 2023
Unit16
Settled18 Sep 2023
Beds-
Baths-
Cars-

Title reference: 16/SP86539

$490,000 Sold 15 Sep 2022
Unit14
Settled24 Nov 2022
Beds-
Baths-
Cars-

Title reference: 14/SP86539

$500,000 Sold 17 Nov 2021
Unit4
Settled14 Jan 2022
Beds-
Baths-
Cars-

Title reference: 4/SP86539

$625,000 Sold 31 Jul 2017
Unit13
Settled11 Sep 2017
Beds-
Baths-
Cars-

Title reference: 13/SP86539

$472,000 Sold 30 Apr 2015
Unit6
Settled11 Jun 2015
Beds-
Baths-
Cars-

Title reference: 6/SP86539

Recent sales on Melanie St

Sold in the last two years.

Recent sales nearby

Sold in the last 12 months within about 400 metres.

See all sold prices in Bankstown

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