Bankstown, NSW

UNDERVALUED

27,165 sales · 36 years of data · NSW, Australia

$620,494
Median (All)
$1,617,500
Median (Houses)
$597,776
Median (Apartments)
1.1%
10yr CAGR
4.0%
36yr CAGR
52.3%
Strata %
36 years of data · 27,165 sales analysed · 2,500+ suburbs · Updated weekly

Bankstown, NSW Property Market Overview

Bankstown, located in Sydney, New South Wales, is a vibrant and evolving suburb with a rich history in the property market. Our analysis spans 36 years of data, encompassing a total of 27,165 recorded sales. The current median property price in Bankstown is $620,494, reflecting a diverse range of housing options.

Bankstown presents a varied property landscape, with a current median house price of $1,617,500 and a median apartment price of $597,776. Strata properties account for a significant 52.3% of the market, highlighting the prevalence of apartment living. Bankstown offers a mix of established homes and newer developments, appealing to a broad spectrum of residents.

Currently undervalued
Relative to the long-term price trend line
$500K invested 10yr ago → $557,804
Based on the 10-year compound annual growth rate of 1.1%
Mixed housing52% apartments
48% of sales are houses and other non-strata properties
Loading chart...

Property Mix

48%
52%
Houses 48%$1,617,500Apartments 52%$597,776

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Bankstown

Street Rankings

Top streets in Bankstown, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Brancourt AveHouse5$1,800,000
2Leonard StHouse8$6,900,000
3Pringle AveHouse8$1,678,000
4Fenwick StHouse10$1,755,000

... and 322 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
See all streets
Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1French AveApartment40$5,730/m²
2Stacey StApartment30$5,717/m²
3Percy StApartment15$5,850/m²
4Cross StApartment17$5,327/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Allum StHouse+7.7%
2Canterbury RdApartment+13.4%
3Dutton StHouse+9.3%
4Irvine StHouse+8.7%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

245
apartment buildings analysed
#AddressSalesMedian$/m²
135 Cairds Ave5$700,500$5,228/m²
234 Kitchener Pde3$968,000$4,939/m²
33 Highland Ave5$1,180,000$4,574/m²
410 Claribel St5$935,000$3,308/m²

... and 241 more buildings

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

See flipper risk data
Risk Indicator

Settlement times & problem streets

58
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

52%
apartments across 245 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

Unlock the full Bankstown analysis

326 streets and 245 buildings to explore

Free (you have this)
Subscriber ($9/mo)
3 street rankings
All 326 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
245 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 27,165 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Bankstown at a Glance

Region
South Western Sydney
CBD Distance
20km west of Sydney CBD
Train Station
Bankstown Station (T3 Bankstown Line)
Council
Canterbury-Bankstown City Council
Property Character
Established residential with high-density development
Community
Young families and multicultural community

Bankstown, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Bankstown, NSW

Bankstown offers a diverse and vibrant lifestyle, reflecting its multicultural community. The suburb is home to a range of amenities, including Bankstown Central shopping centre, which provides a wide array of retail and dining options.

Families are drawn to Bankstown due to its numerous schools, such as Bankstown Public School and Bankstown Girls High School. Recreational spaces like Paul Keating Park offer green areas for leisure and community events. Bankstown train station provides convenient access to the Sydney CBD and surrounding areas. The suburb's bustling atmosphere and diverse community make it a unique place to live.

The community spirit in Bankstown is strong, with various cultural events and festivals taking place throughout the year. The availability of diverse cuisines and community services further enhances the suburb's appeal.


Who Buys in Bankstown?

Bankstown attracts a diverse range of buyers, including families, first home buyers, and investors. The median apartment price of $597,776 makes it an accessible option for those entering the property market. The higher median house price of $1,617,500 appeals to families seeking larger homes.

The significant strata percentage (52.3%) indicates a strong interest in apartment living, often favoured by young professionals and downsizers. The historical CAGR figures suggest steady growth, potentially attracting investors seeking long-term capital appreciation. Bankstown's diverse housing options cater to a wide spectrum of buyer needs.

Market Analysis

Bankstown's property market, as of early 2026, is currently positioned below its long-term trend. This suggests that, relative to its historical performance, Bankstown may be in undervalued territory.

This cycle position indicates that property prices in Bankstown are currently lower than what historical trends would suggest. Understanding this position is crucial for analysing the potential future direction of the Bankstown property market. It provides a snapshot of the suburb's value proposition compared to its long-term averages.


Is Bankstown a Good Investment?

Bankstown's historical growth patterns, as reflected in its 10-year, 20-year, and full-period CAGRs, offer insights into its long-term property value appreciation. The full-period CAGR of 4.0% indicates consistent growth over the past 36 years.

As of early 2026, Bankstown's property market is positioned below its long-term trend. Understanding this cycle position, in conjunction with historical growth rates, is crucial for evaluating the potential for future value appreciation in Bankstown. The mix of property types, including a significant proportion of apartments, contributes to the diversity of the market and its appeal to various buyer segments.

Factors driving property values in Bankstown include its location within Sydney, access to amenities and transport, and its diverse community. These elements contribute to the suburb's overall attractiveness and its potential for continued growth.


Bankstown Market Outlook

As of early 2026, Bankstown's property market is positioned below its long-term trend. Recent price trends indicate a market that is currently exhibiting a unique value proposition.

Understanding this market position is crucial for assessing the potential future direction of Bankstown's property values. The suburb's diverse housing options and established infrastructure contribute to its overall appeal in the current market conditions.

Streets & Location in Bankstown, NSW

Bankstown, postcode 2200, features a variety of residential streets, with a total of 326 streets contributing to its unique character. Among these, South Tce, Pringle Ave, and Saurine St are notable for their median property prices.

Bankstown's location within Sydney offers access to various amenities and transport links. Its established infrastructure and diverse community contribute to its appeal as a residential suburb. The range of streets within Bankstown provides a diverse selection of property options.

Market Dynamics

The average settlement time for properties in Bankstown is currently 58 days. This timeframe reflects the typical transaction process within the Bankstown property market.

Understanding settlement times and investor activity provides insights into the overall market dynamics in Bankstown. Further analysis of these factors can offer a more comprehensive view of property transactions in the suburb.

Development & Density

Bankstown features a mix of housing types, with a considerable number of apartment buildings. There are 245 apartment buildings in Bankstown. The strata percentage of 52.3% indicates a significant proportion of apartments relative to houses.

This development density contributes to the character of Bankstown and its appeal to various demographics. The mix of housing options caters to different lifestyles and budgets within the suburb.

Growth & Property Mix

Over the past 10 years, Bankstown has experienced a compound annual growth rate (CAGR) of 1.1%. Looking further back, the 20-year CAGR stands at 3.5%, while the full-period CAGR, encompassing the entire 36 years of data, is 4.0%. These figures provide a historical perspective on Bankstown's property appreciation.

The property mix in Bankstown is diverse, with a significant proportion of apartments (52.3% strata percentage) alongside houses. This mix influences the overall market dynamics and investment considerations within Bankstown.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Bankstown, NSW

What is the median property price in Bankstown?
The current median property price in Bankstown is $620,494. This figure encompasses both houses and apartments. The median house price is $1,617,500, while the median apartment price is $597,776.
Is Bankstown overvalued or undervalued?
As of early 2026, Bankstown's property market is positioned below its long-term trend. This suggests that, relative to its historical performance, Bankstown is in undervalued territory. The specific percentage deviation from the trend is premium data.
How has the Bankstown property market performed over 10 years?
Over the past 10 years, Bankstown has experienced a compound annual growth rate (CAGR) of 1.1%. This figure provides a historical perspective on the suburb's property appreciation over the last decade. This is lower than its longer-term growth rates.
What percentage of Bankstown is apartments vs houses?
Apartments account for a significant portion of the property market in Bankstown. The strata percentage is 52.3%, indicating that over half of the properties are apartments, compared to houses.
Where is Bankstown in the property cycle?
Bankstown's property market, as of early 2026, is positioned below its long-term trend. This indicates that the suburb is currently in undervalued territory. The exact extent of the deviation from the trend is premium data.
What schools are near Bankstown?
Bankstown is home to several schools, including Bankstown Public School, Bankstown Girls High School, and Bankstown Senior College. These schools cater to a range of educational needs within the community. There are also numerous private schools in the surrounding suburbs.
What is Bankstown like to live in?
Bankstown offers a diverse and vibrant lifestyle, reflecting its multicultural community. The suburb boasts a range of amenities, including shopping centres, parks, and restaurants. Bankstown is well-connected to the Sydney CBD via train and bus services.
Is Bankstown good for families?
Bankstown can be a suitable suburb for families, given its range of schools and parks. The availability of different housing types, including houses and apartments, caters to various family sizes. However, families should also consider factors like safety and proximity to amenities when making their decision.
How far is Bankstown from Sydney CBD?
Bankstown is located approximately 20 kilometres west of the Sydney CBD. It is easily accessible via the T3 Bankstown Line, providing a direct train connection to the city centre.
What transport options are in Bankstown?
Bankstown offers a variety of transport options, including the Bankstown train station on the T3 Bankstown Line. Numerous bus routes also operate throughout the suburb, providing connections to surrounding areas. Major roads like the Hume Highway also provide easy access to Bankstown by car.
How does Bankstown compare to nearby suburbs?
Bankstown's median property price of $620,494 is comparable to some neighbouring suburbs in South Western Sydney. However, prices and growth rates can vary depending on the specific location and property type. Some nearby areas might have higher or lower median prices depending on their stage in the property cycle.
Is Bankstown a good first home buyer suburb?
Bankstown could be considered by first home buyers due to its relatively affordable apartment options, with a median price of $597,776. The suburb's location and transport links also make it a viable option for those working in the city. However, affordability and personal circumstances should be carefully considered.
What are the best streets in Bankstown?
While 'best' is subjective, South Tce, Pringle Ave, and Saurine St are notable for their median property prices within Bankstown. These streets may offer a range of property types and locations, contributing to their value. Full street-by-street price analysis is premium data.
How many properties have been sold in Bankstown?
Over the period of data analysed, there have been a total of 27,165 recorded property sales in Bankstown. This represents a significant volume of transactions over the 36 years of data collection.
BankstownDon't overpay — see all 326 streets & 245 buildings
Unlock — $9/moCancel anytime