Bankstown
Property profile for Bankstown, Sydney. Median prices and property calculators.
Median Prices
Median House Price
$1,050,000
Approximate median for Bankstown, Sydney
Median Unit Price
$500,000
Approximate median for Bankstown, Sydney
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Estimated Stamp Duty
$48,250
On median house price of $1,050,000
Estimated Monthly Mortgage
$5,145
80% LVR, 6.2% rate, 30yr P&I
Estimated Deposit Needed
$210,000
20% of median house price
Estimates are approximate and based on the median house price. Use our calculators for exact figures.
About Bankstown
Bankstown is a multicultural hub in south-western Sydney, situated approximately 20 kilometres from the CBD. The suburb is one of Sydney's most ethnically diverse areas, with a thriving food scene that spans Lebanese, Vietnamese, Chinese, and Indian cuisines along Restwell Street and the surrounding laneways. Property in Bankstown includes older brick homes on standard blocks, newer apartment developments near the town centre, and medium-density townhouses in surrounding streets. The suburb is anchored by Bankstown Central shopping centre and the adjacent retail strip, providing comprehensive shopping and services. Paul Keating Park offers green space and community gathering areas, while the Bankstown Arts Centre is a cultural focal point. Transport is set for major improvement with the Sydney Metro Southwest line, which will replace the existing heavy rail and provide faster, more frequent services to the CBD. Bankstown also has good road access via the M5 Motorway and Hume Highway. The suburb is home to numerous schools, TAFE NSW Bankstown campus, and the Bankstown Sports Club. It appeals to first home buyers seeking value close to the city, multicultural families with established community ties, and investors attracted by the metro-driven uplift in property values.