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Bankstown
NSW, 2200 - Canterbury-Bankstown

Thinking about buying in Bankstown? Now could not be a better time, with 25133 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $971,000 with prices in this suburb ranging from $25,000 to $71,771,000. Bankstown is located fairly close to the coast at just 9Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $423.85
Median Monthly Mortgage $1873.42
Median Persons Per Bedroom 1.14
Average Household Size 3.12
Average Age 35.14
Average Income $550.88
Average Cars Per Dwelling 1.50
Average Properties Within 50M 125

Housing Stock

Average Property Prices

1 Bed  $955,000
2 Bed  $701,000
3 Bed  $1,404,000
4 Bed  $1,796,000
5 Bed  $2,071,000
6 Bed+$2,004,000

Bankstown Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Bankstown is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Bankstown changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Bankstown to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Bankstown we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Bankstown a better buying opportunity than it may have been in the past.

Bankstown is a suburb of Sydney, New South Wales. Located just a short distance south-west of the central business district, it is not far at all from the vibrant, energetic heart of the city. Found within the local government area of the City of Canterbury-Bankstown, the area was first settled by Europeans in 1795 under the orders of Governor John Hunter. Bankstown played a significant part in both the Australian and American war effort throughout World War II, and is home to the Bankstown Bunker, a significant RAAF HQ building that saw use between 1945 and 1947. After the war, Bankstown saw a surge in population, as people left the city centre for a calmer life.

Despite being just a stone’s throw from the centre of Sydney, Bankstown has a much more relaxed style of life compared to the bustle of the city centre; however, its close proximity provides easy access to the thrills and conveniences of urban life. There are a number of high-performing educational institutes within the suburb, along with several major parks and beauty spots, a library and a number of places of worship. All in all, Bankstown is a beautiful, affordable place to live, just 9km from the coast and just 16km from central Sydney.

Properties for sale Bankstown

Belle Property UNIT 708, 16-20 MEREDITH ST, BANKSTOWN, NSW, 2200 Beds2 Bathrooms2 Parking 2 Contact Agent
Century 21 UNIT 12, 22 GORDON ST, BANKSTOWN, NSW, 2200 Beds2 Bathrooms1 Parking 1 CONTACT AGENT
Elders UNIT 505, 74 KITCHENER PDE, BANKSTOWN, NSW, 2200 Beds2 Bathrooms1 Parking 1 For Sale - $609,950
Elders UNIT 1, 32 KITCHENER PDE, BANKSTOWN, NSW, 2200 Beds Bathrooms Contact Agent
LJ Hooker UNIT 12, 5-13 DELLWOOD ST, BANKSTOWN, NSW, 2200 Beds2 Bathrooms1 Parking 2 For Sale: $595,000 - $645,000
LJ Hooker UNIT 7, 26 CAIRDS AV, BANKSTOWN, NSW, 2200 Beds1 Bathrooms1 Parking 1 For Sale: $475,000 - $495,000
LJ Hooker UNIT 406, 41 LEONARD ST, BANKSTOWN, NSW, 2200 Beds1 Bathrooms1 Parking 1 $500,000 - $520,000
Professionals UNIT 804, 61 RICKARD RD, BANKSTOWN, NSW, 2200 Beds1 Bathrooms1 Parking 1 $480,000 - $520,000
Professionals UNIT 16, 8 MELANIE ST, BANKSTOWN, NSW, 2200 Beds2 Bathrooms1 Parking 2 Under Contract
Ray White UNIT 3, 543-545 CHAPEL RD, BANKSTOWN, NSW, 2200 Beds3 Bathrooms2 Parking 3 950000
Ray White UNIT 25, 134 MEREDITH ST, BANKSTOWN, NSW, 2200 Beds2 Bathrooms1 Parking 1 499950
Ray White UNIT 2, 64 CAIRDS AV, BANKSTOWN, NSW, 2200 Beds2 Bathrooms1 Parking 2 519950
Ray White UNIT 10, 6-10 SIR JOSEPH BANKS ST, BANKSTOWN, NSW, 2200 Beds2 Bathrooms1 Parking 1 500000
Ray White UNIT 1101, 5 FRENCH AV, BANKSTOWN, NSW, 2200 Beds2 Bathrooms2 Parking 2 690000
Ray White UNIT 906, 61-63 RICKARD RD, BANKSTOWN, NSW, 2200 Beds2 Bathrooms2 Parking 1 550000
Ray White UNIT 905, 61-63 RICKARD RD, BANKSTOWN, NSW, 2200 Beds2 Bathrooms2 Parking 1 570000
Ray White UNIT B801, 75 RICKARD RD, BANKSTOWN, NSW, 2200 Beds3 Bathrooms2 Parking 1 719950
Ray White UNIT 105, 26 CAIRDS AV, BANKSTOWN, NSW, 2200 Beds2 Bathrooms1 Parking 1 588000
Ray White 5 BOWER ST, BANKSTOWN, NSW, 2200 Beds5 Bathrooms2 Parking 4 1800000
Ray White UNIT 221, 21 MEREDITH ST, BANKSTOWN, NSW, 2200 Beds1 Bathrooms1 Parking 1 550000
Ray White 49 ALLUM ST, BANKSTOWN, NSW, 2200 Beds5 Bathrooms4 Parking 2 2499950
Ray White UNIT 67, 4 WEST TCE, BANKSTOWN, NSW, 2200 Beds2 Bathrooms2 Parking 2 599950
Ray White 89 GRIFFITHS AV, BANKSTOWN, NSW, 2200 Beds7 Bathrooms2 Parking 4 1400000
Ray White UNIT 3, 24 STANLEY ST, BANKSTOWN, NSW, 2200 Beds3 Bathrooms2 Parking 2 1049950
Ray White UNIT 404, 41 LEONARD ST, BANKSTOWN, NSW, 2200 Beds2 Bathrooms2 Parking 1 599950
Ray White UNIT 502, 41 LEONARD ST, BANKSTOWN, NSW, 2200 Beds3 Bathrooms2 Parking 1 649950
Ray White UNIT 5, 8-10 DELLWOOD ST, BANKSTOWN, NSW, 2200 Beds2 Bathrooms1 Parking 1 519950
Ray White UNIT 27, 45 DE WITT ST, BANKSTOWN, NSW, 2200 Beds2 Bathrooms1 Parking 1 569000
Ray White UNIT 13, 1 STACEY ST, BANKSTOWN, NSW, 2200 Beds2 Bathrooms1 Parking 1 479000
Starrpartners UNIT 414, 38 KITCHENER PDE, BANKSTOWN, NSW, 2200 Beds1 Bathrooms1 $525,000 - $550,000
Starrpartners 13 BUNGALOW CR, BANKSTOWN, NSW, 2200 Beds3 Bathrooms1 Parking 3 contact agent
Stone Real Estate UNIT 11, 38 MEREDITH ST, BANKSTOWN, NSW, 2200 Beds2 Bathrooms2 Parking 1 For Sale $500,000
The Agency UNIT 104, 192-194 STACEY ST, BANKSTOWN, NSW, 2200 Beds5 Bathrooms2 Parking 2 16th November at 12:30pm

Local Schools

Bankstown North Public School

Bankstown Hospital School

Bankstown Senior College

Bankstown South Infants School

Wattawa Heights Public School

Bankstown West Public School

Bankstown Public School

Bankstown Girls High School

St Felix Catholic Primary School

St Brendan's Catholic Primary School

(While the above schools are located with the suburb of Bankstown there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Bankstown weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.420.328.550.988.36.223.1
Feb4.120.227.552.787.86.020.1
Mar4.918.826.451.487.45.616.5
Apr3.515.623.949.486.95.014.0
May2.112.021.145.583.25.111.4
Jun4.110.018.350.886.15.29.2
Jul2.18.918.641.880.85.210.5
Aug2.09.419.636.878.15.713.2
Sept1.512.322.436.881.25.817.5
Oct2.014.824.141.484.16.021.0
Nov2.617.125.845.785.66.223.3
Dec2.018.927.446.786.46.224.6

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

24-10-2024 $880,000 2 / 12 PRAIRIE VALE RD
24-10-2024 $480,000 14 / 26 CAIRDS AVE
23-10-2024 $555,000 15 / 1 GORDON ST
23-10-2024 $582,000 605 / 61 RICKARD RD
23-10-2024 $603,100 212 / 74 RESTWELL ST
22-10-2024 $1,750,000 55 ALLUM ST
22-10-2024 $1,170,000 235 CANTERBURY RD
22-10-2024 $515,000 3 / 24 SIR JOSEPH BANKS ST
22-10-2024 $558,000 5 / 5 MYRTLE RD
21-10-2024 $1,200,000 9 HILLVIEW AVE
21-10-2024 $410,888 16 / 145 CHAPEL RD
21-10-2024 $1,656,000 37 PRINGLE AVE
18-10-2024 $485,000 122 / 351 HUME HWY
15-10-2024 $632,000 202 / 55 CHELMSFORD AVE
15-10-2024 $2,500,000 62 FENWICK ST
15-10-2024 $480,000 5 / 61 RICKARD RD
14-10-2024 $545,000 11 / 51 CAIRDS AVE
14-10-2024 $412,000 41 / 127 CHAPEL RD
14-10-2024 $1,380,000 77 EDGAR ST
14-10-2024 $475,000 13 / 59 RICKARD RD
14-10-2024 $492,000 18 / 36 SIR JOSEPH BANKS ST
14-10-2024 $432,758 22 / 7 CROSS ST
11-10-2024 $450,000 54 / 127 CHAPEL RD
11-10-2024 $528,000 12 / 9 MYRTLE RD
10-10-2024 $1,310,000 18 GOULD ST
10-10-2024 $529,000 37 / 6 MYRTLE RD
09-10-2024 $547,000 17 / 140 CHAPEL RD
09-10-2024 $622,000 5 / 30 BRANDON AVE
08-10-2024 $633,000 4 / 29 DE WITT ST
08-10-2024 $1,710,000 55 LITTLE RD
04-10-2024 $1,497,500 127 GRIFFITHS AVE
03-10-2024 $540,000 14 / 7 CHERTSEY AVE
01-10-2024 $438,000 21 / 166 GREENACRE RD
01-10-2024 $652,178 709 / 16 MEREDITH ST
30-09-2024 $718,000 703 / 61 RICKARD RD
27-09-2024 $525,000 42 / 7 DE WITT ST
27-09-2024 $509,000 205 / 6 CROSS ST
27-09-2024 $2,400,000 56 WILKINS ST
26-09-2024 $500,000 28 / 1 MARSHALL ST
25-09-2024 $495,000 81 / 7 CROSS ST
23-09-2024 $465,000 25 / 479 CHAPEL RD
23-09-2024 $2,200,000 43 BANKSTOWN CITY PLZA
20-09-2024 $545,000 103 / 11 JACOBS ST
20-09-2024 $540,000 14 / 105 MEREDITH ST
20-09-2024 $1,400,000 22 PERCY ST
20-09-2024 $415,000 25 / 16 WEST TCE
20-09-2024 $435,000 63 / 7 CROSS ST
19-09-2024 $538,000 7 / 4 WEST TCE
19-09-2024 $505,000 14 / 5 CARMEN ST
19-09-2024 $515,000 112 / 26 CAIRDS AVE

Internet Speed

Download 25 Mbps / Upload 5 Mbps

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