Bankstown, 2200 ranked 939th in NSW when comparing growth in median property values or capital gain over the last 12 months. Bankstown is one of 3163 in our list for NSW
Over the longer term, Bankstown has seen property prices show investors a 54.03% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Bankstown is $965000, with sellers offering an average of -5.05% off the asking price.
A $530 per week rent on the median house gives suburb investors a gross yield of circa 2.86%, without taking into account capital value appreciation, which has been averaging out at 8.79%.
Giving property investors a an unimpressive capital gain of 0.00% for the last year, Bankstown, 2200 is the 1097th highest performer in Australia in this respect.
Bankstown,2200 has offered an average of 0.00% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -5.71% to buyers in Bankstown at the moment, which is less than average for the rest of NSW.
Advertised rents are around the $420 mark per week – giving a return of 4.24% based on the median price in Suburb