Thinking about buying in Bankstown? Now could not be a better time, with 25133 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $971,000 with prices in this suburb ranging from $25,000 to $71,771,000.
Distance to the coast is 9 Km.
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
24-04-2024 | $486,000 | 19 / 36 SIR JOSEPH BANKS ST |
23-04-2024 | $860,000 | 2 / 317 STACEY ST |
23-04-2024 | $2,430,000 | 21 HOMEDALE RD |
23-04-2024 | $2,541,000 | 68 FENWICK ST |
22-04-2024 | $508,000 | 17 / 45 DE WITT ST |
22-04-2024 | $945,000 | 3 / 15 RESTHAVEN RD |
22-04-2024 | $570,000 | 14 / 45 REYNOLDS AVE |
22-04-2024 | $435,000 | 9 / 28 WEIGAND AVE |
22-04-2024 | $550,000 | 5 / 6 MYRTLE RD |
22-04-2024 | $400,000 | 61 / 7 CROSS ST |
22-04-2024 | $540,000 | 201 / 26 CAIRDS AVE |
19-04-2024 | $415,000 | 12 / 168 GREENACRE RD |
19-04-2024 | $505,000 | 3 / 52 RESTWELL ST |
17-04-2024 | $555,000 | 12 / 7 MELANIE ST |
17-04-2024 | $518,000 | 20 / 499 CHAPEL RD |
16-04-2024 | $490,000 | 105 / 11 JACOBS ST |
16-04-2024 | $600,000 | 4 FRENCH AVE |
16-04-2024 | $555,000 | 307 / 3 LEONARD ST |
15-04-2024 | $515,000 | 4 / 71 CAIRDS AVE |
15-04-2024 | $530,000 | 18 / 5 WEIGAND AVE |
15-04-2024 | $539,000 | 18 / 1 JACOBS ST |
12-04-2024 | $560,000 | 101 / 41 LEONARD ST |
12-04-2024 | $471,000 | 35 / 159 CHAPEL RD |
12-04-2024 | $930,000 | 239 CANTERBURY RD |
12-04-2024 | $550,000 | 321 / 74 RESTWELL ST |
11-04-2024 | $1,225,000 | 280 MARION ST |
11-04-2024 | $805,600 | 203 NORTHAM AVE |
11-04-2024 | $2,006,000 | 114 MEREDITH ST |
10-04-2024 | $1,650,000 | 10 REYNOLDS AVE |
10-04-2024 | $438,000 | 3 / 41 CAIRDS AVE |
09-04-2024 | $515,000 | 1 / 1 GORDON ST |
09-04-2024 | $597,000 | 6 / 15 MELANIE ST |
09-04-2024 | $430,000 | 12 / 7 CROSS ST |
08-04-2024 | $1,435,000 | 53 EDWARD ST |
08-04-2024 | $707,000 | 25 / 38 CAIRDS AVE |
08-04-2024 | $555,000 | 305 / 10 FRENCH AVE |
08-04-2024 | $700,000 | 104 / 3 LEONARD ST |
05-04-2024 | $477,000 | 408 / 16 MEREDITH ST |
05-04-2024 | $662,500 | 301 / 75 RICKARD RD |
04-04-2024 | $385,000 | 31 / 8 HIXSON ST |
02-04-2024 | $520,000 | 39 / 4 WEST TCE |
02-04-2024 | $1,300,000 | 20 HILLVIEW AVE |
02-04-2024 | $310,000 | 29 / 168 GREENACRE RD |
02-04-2024 | $1,195,000 | 1 EDWARD ST |
27-03-2024 | $600,000 | 16 / 56 MARSHALL ST |
26-03-2024 | $430,000 | 2 / 28 CONWAY RD |
25-03-2024 | $584,950 | 2 / 45 DE WITT ST |
25-03-2024 | $500,000 | 19 / 5 WEIGAND AVE |
25-03-2024 | $510,000 | 105 / 6 CROSS ST |
25-03-2024 | $475,000 | 212 / 351 HUME HWY |
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