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
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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
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 | |
|---|---|---|---|---|---|---|---|
| Jan | 2.4 | 20.3 | 28.5 | 50.9 | 88.3 | 6.2 | 23.1 |
| Feb | 4.1 | 20.2 | 27.5 | 52.7 | 87.8 | 6.0 | 20.1 |
| Mar | 4.9 | 18.8 | 26.4 | 51.4 | 87.4 | 5.6 | 16.5 |
| Apr | 3.5 | 15.6 | 23.9 | 49.4 | 86.9 | 5.0 | 14.0 |
| May | 2.1 | 12.0 | 21.1 | 45.5 | 83.2 | 5.1 | 11.4 |
| Jun | 4.1 | 10.0 | 18.3 | 50.8 | 86.1 | 5.2 | 9.2 |
| Jul | 2.1 | 8.9 | 18.6 | 41.8 | 80.8 | 5.2 | 10.5 |
| Aug | 2.0 | 9.4 | 19.6 | 36.8 | 78.1 | 5.7 | 13.2 |
| Sept | 1.5 | 12.3 | 22.4 | 36.8 | 81.2 | 5.8 | 17.5 |
| Oct | 2.0 | 14.8 | 24.1 | 41.4 | 84.1 | 6.0 | 21.0 |
| Nov | 2.6 | 17.1 | 25.8 | 45.7 | 85.6 | 6.2 | 23.3 |
| Dec | 2.0 | 18.9 | 27.4 | 46.7 | 86.4 | 6.2 | 24.6 |
source: Australian Government Bureau of Meteorology
Recently Sold Properties / House Prices
| 07-11-2024 | $515,000 | 27 / 17 RICKARD RD |
| 07-11-2024 | $545,000 | 14 / 91 MEREDITH ST |
| 07-11-2024 | $470,000 | 404 / 18 LEONARD ST |
| 06-11-2024 | $565,000 | 14 / 51 CAIRDS AVE |
| 06-11-2024 | $395,000 | 4 / 1 JACOBS ST |
| 05-11-2024 | $2,400,000 | 57 WILKINS ST |
| 04-11-2024 | $500,000 | 6 / 34 CONWAY RD |
| 04-11-2024 | $470,000 | 72 / 8 MYRTLE RD |
| 01-11-2024 | $6,900,000 | 22 LEONARD ST |
| 01-11-2024 | $380,000 | 22 / 145 CHAPEL RD |
| 01-11-2024 | $595,000 | 4 FRENCH AVE |
| 31-10-2024 | $628,000 | 404 / 27 PERCY ST |
| 31-10-2024 | $500,000 | 110 EDGAR ST |
| 31-10-2024 | $406,000 | 6 / 3 FETHERSTONE ST |
| 30-10-2024 | $560,000 | 57 / 4 WEST TCE |
| 30-10-2024 | $490,000 | 305 / 16 MEREDITH ST |
| 29-10-2024 | $665,000 | 10 / 30 RAYMOND ST |
| 28-10-2024 | $620,000 | 3 / 45 REYNOLDS AVE |
| 24-10-2024 | $230,000 | 11 / 432 CHAPEL RD |
| 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 |
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Yagoona - Less than 2 KM
Wiley Park - Less than 5 KM
Lakemba - Less than 5 KM
Regents Park - Less than 5 KM
Bankstown - Less than 1 KM
Punchbowl - Less than 5 KM
Padstow - Less than 5 KM
Revesby - Less than 5 KM
Riverwood - Less than 5 KM
Birrong - Less than 5 KM
General Points of Interest
Australian Air Cadets Memorial - Less than 10 KM
Auburn Central - Less than 10 KM
Canterbury Public Golf Course - Less than 10 KM
Panania War Memorial - Less than 5 KM
Pioneers Memorial Park Cemetery - Less than 10 KM
Lest We Forget Aboriginal Service People - Less than 10 KM
Auburn Aviary - Less than 10 KM
Warwick Farm Racecourse - Less than 10 KM
Mount Lewis Bowling Club - Less than 5 KM
Potts Park - Less than 5 KM
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