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.
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 |
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 |
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.
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)Incidents Trend State Average
(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
23-12-2024 | $1,360,000 | 3 ARTEGALL ST |
20-12-2024 | $800,000 | 7 / 97 PRINGLE AVE |
20-12-2024 | $1,135,000 | 2 / 17 SUNSET AVE |
20-12-2024 | $970,000 | 14 / 10 CLARIBEL ST |
20-12-2024 | $656,000 | 1 / 41 LEONARD ST |
20-12-2024 | $700,000 | 13 / 44 JACOBS ST |
20-12-2024 | $2,200,000 | 51 BRANCOURT AVE |
20-12-2024 | $1,008,000 | 99 FENWICK ST |
20-12-2024 | $1,245,000 | 36 HIGHLAND AVE |
20-12-2024 | $570,000 | 201 / 74 KITCHENER PDE |
20-12-2024 | $400,000 | 28 / 27 RAYMOND ST |
20-12-2024 | $535,000 | 20 / 17 RICKARD RD |
20-12-2024 | $585,000 | 19 / 14 WEIGAND AVE |
20-12-2024 | $442,000 | 20 / 17 STANLEY ST |
20-12-2024 | $560,000 | 4 FRENCH AVE |
20-12-2024 | $585,000 | 309 / 194 STACEY ST |
19-12-2024 | $501,000 | 5 / 8 DELLWOOD ST |
19-12-2024 | $2,400,000 | 291 CHAPEL RD |
19-12-2024 | $85,000 | 5 / 369 STACEY ST |
19-12-2024 | $520,000 | 15 / 21 MYRTLE RD |
19-12-2024 | $495,000 | 4 / 41 CAIRDS AVE |
18-12-2024 | $585,000 | 309 / 5 FRENCH AVE |
18-12-2024 | $635,000 | 606 / 6 CROSS ST |
18-12-2024 | $637,000 | 5 / 61 REYNOLDS AVE |
17-12-2024 | $510,000 | 12 / 134 MEREDITH ST |
17-12-2024 | $1,520,000 | 103 THE AVENUE |
16-12-2024 | $440,000 | 11 / 24 REYNOLDS AVE |
16-12-2024 | $575,000 | 67 / 4 WEST TCE |
16-12-2024 | $2,185,000 | 5 BOWER ST |
16-12-2024 | $1,700,000 | 55 PRINGLE AVE |
16-12-2024 | $538,000 | 31 / 6 MYRTLE RD |
16-12-2024 | $540,000 | 508 / 16 MEREDITH ST |
13-12-2024 | $590,000 | 10 / 6 SIR JOSEPH BANKS ST |
13-12-2024 | $540,000 | 106 / 18 MARSHALL ST |
13-12-2024 | $4,500,000 | 2 BANKSTOWN CITY PLZA |
12-12-2024 | $896,000 | 7 / 10 CLARIBEL ST |
12-12-2024 | $1,485,000 | 11 GAIL PL |
12-12-2024 | $680,000 | 3 / 17 RESTHAVEN RD |
12-12-2024 | $520,000 | 25 / 59 RICKARD RD |
11-12-2024 | $560,000 | 613 / 74 RESTWELL ST |
09-12-2024 | $11,625,000 | 4 JACOBS ST |
09-12-2024 | $530,000 | 29 / 28 MEREDITH ST |
05-12-2024 | $520,000 | 2 / 64 CAIRDS AVE |
05-12-2024 | $460,000 | 13 / 1 STACEY ST |
05-12-2024 | $1,450,000 | 48 OXFORD AVE |
05-12-2024 | $455,000 | 34 / 7 CROSS ST |
05-12-2024 | $605,000 | 4 FRENCH AVE |
04-12-2024 | $470,000 | 30 / 16 WEST TCE |
04-12-2024 | $515,000 | 13 / 72 REYNOLDS AVE |
04-12-2024 | $610,000 | 515 / 74 RESTWELL ST |
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