Bankstown, NSW 2200
Canterbury-Bankstown City CouncilAll suburbs in postcode 2200
Updated
Median house price
$1,510,000
+14.4% over the past year.
Median of 120 house sales · NSW Valuer General · calendar 2025
Selling in Bankstown?
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Bankstown at a glance
- Median unit
- $312,480
- Weekly rent
- $780
- Houses · units $620
- Population
- 34.9k
- Median age 34
Prices: Median of 120 house sales · NSW Valuer General · calendar 2025 · Rent: NSW rental bond data (postcode 2200), June 2026 · Population: 2021 Census
House prices in Bankstown
Houses change hands at $1,510,000 on a typical sale, above the NSW median (120 house sales, NSW Valuer General, calendar 2025). Units come in around $312,480, roughly 79% below the house median. The last 12 months delivered strong growth (+14.4%), well clear of the long-run average for the state.
For sellers
Twelve-month growth is +14.4%, supporting confident pricing at the upper end of recent comparables.
For buyers
A 20% deposit on the median house works out to roughly $302,000. Prices sit above the NSW median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Rental data as of June 2026· NSW rental bond data (postcode 2200)
Free appraisal in Bankstown
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What to know about Bankstown
Bankstown (2200) sits in the Canterbury-Bankstown region of NSW. The median house here is $1,510,000, above the NSW median of around $1.10M. Prices have moved +14.4% over the past year, well clear of the NSW average (3%).
Bankstown has roughly 34,933 residents, with a young-family demographic. Households are a roughly even mix of owners and renters. Day-to-day life here is very walkable, with most errands manageable on foot.
What it’s like to live here
Bankstown scores 100/100 on walkability, which makes it very walkable with workable public transport options. Coffee, groceries and a meal out are mostly walking-distance, which keeps a household viable on one car.
Summer days here average around 28°C (warm), winter mornings around 7°C (cool). Annual rainfall lands at about 890 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 7 government primary, 3 government secondary, 4 Catholic, 6 independent.
Schools in Bankstown
Location
Walkability
- Walk
- 100/100
- Transit
- 100/100
- Bike
- 100/100
Walker's paradise. Scores out of 100, calculated from OpenStreetMap data (ODbL).
Walkability data as of May 2026· OpenStreetMap
Demographics
The 2021 Census put Bankstown's population at 34,933, with a median age of 34. That sits as a young-family demographic. Households are a roughly even mix of owners and renters (46% own, 50% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (74% family households, 22% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
- Family households
- 74%
- Lone person
- 22%
- Owner occupied
- 46%
- Renter occupied
- 50%
Demographics data as of May 2026· ABS 2021 Census
Investment overview
Gross rental yield on houses sits at 2.69% (median rent $780/wk against a $1,510,000 price tag). Units yield 10.32% gross, often the better cash-flow play for first-time investors. With 50% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs. The 12-month growth of +14.4% adds a capital-growth case on top of the yield.
- Gross yield, housesSource: NSW Valuer General (PSI) · Sept 2026
- 2.69%
- On the $1,510,000 median
- Gross yield, unitsSource: NSW Valuer General (PSI) · Sept 2026
- 10.32%
- On the $312,480 median
- 12-month change, housesSource: NSW Valuer General (PSI) · Sept 2026
- +14.4%
Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.
Crime and safety
2,560 offences recorded in 2026
Top offence categories
Source: State Police Open Data
Crime data as of January 2026
Weather year-round
- Annual rainfall
- 890 mm
- Hottest month, avg max
- 28.4°C
- Coldest month, avg min
- 6.7°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about Bankstown
- What is the median house price in Bankstown?
- The median house price in Bankstown, NSW 2200 is $1,510,000 (median of 120 house sales recorded by the NSW Valuer General in calendar 2025). The median unit price is $312,480. Annual growth is +14.4%.
- How much is my house worth in Bankstown?
- A useful starting point is the Bankstown median house price of $1,510,000 (units $312,480). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- Is Bankstown a good investment?
- On the published figures, the gross rental yield on houses in Bankstown is 2.7%: the median weekly house rent is $780 (NSW rental bond data (postcode 2200), June 2026) against the median house price of $1,510,000 (NSW Valuer General, calendar 2025). The median house price rose 14.4% over 12 months on the same NSW Valuer General figures. Whether Bankstown is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
- What is the Bankstown postcode?
- Bankstown is in the 2200 postcode, in NSW, in the Canterbury-Bankstown City Council region.
- Where is Bankstown?
- Bankstown is a suburb in the Canterbury-Bankstown City Council area, NSW 2200.
- What is the average rent in Bankstown?
- The median weekly rent for houses is $780, for units it's $620.
- What schools are in Bankstown?
- There are 20 schools serving Bankstown on this page, including Bankstown Public School, St Euphemia College, Bankstown Girls High School.
- How walkable is Bankstown?
- Bankstown has a Walk Score of 100 out of 100, very walkable. transit score 100, bike score 100.
- What suburbs are near Bankstown?
- Bankstown is close to Bankstown Aerodrome, Mount Lewis, Mount Lewis, Bankstown North, Yagoona.
- What is the population of Bankstown?
- The population of Bankstown is approximately 34,933 (2021 Census). The median age is 34.
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Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.