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Canterbury-Bankstown Council, NSW

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Canterbury-Bankstown Council is a local government area in Sydney, New South Wales, Australia. It is situated in the Inner West and South Western regions. The property market in Bankstown is not only diverse, but it is also very competitive. Bankstown NSW has a mixture of residential, commercial and industrial properties.

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Bankstown LGA is also home to two university campuses, namely University of Western Sydney and the Australian Catholic University. This makes it an attractive location for students who are looking for accommodation in the area. The area has seen significant development in recent years, with the construction of new residential estates and shopping centres and other infrastructure projects.

Professionals (18.9 %), clerical and administrative workers (15.1%), technicians and trades workers (14.0 %), labourers (10.6 %), and community and personal service workers (10.5 %) are the most frequent jobs in Canterbury-Bankstown. In Canterbury-Bankstown, the typical weekly personal income for those aged 15 years and above is $502.

In Canterbury-Bankstown, 57.1 % of occupied private residences are detached houses, 16.1 % are semi-detached, row or terrace houses, townhouses, or other dwellings, 25.9 % are flats or apartments, and 0.6 % are other dwellings.

Buying a property in Bankstown is a wise decision for many reasons. It has great connectivity, has relatively affordable property prices in proximity to Sydney CBD and also enjoys developed infrastructure. The LGA also has a great sense of community spirit, with locals working together to keep it clean and green.

Canterbury-Bankstown real estate market is mostly made up of family homes with a lot of parks and quality schools nearby. Prices may increase or decrease depending on how close you are to amenities like shops and public transport links. Discover trends for suburban markets in Canterbury-Bankstown with the help of interactive dashboard on this page.

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Suburb Heatmap Analysis

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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Property Market in Canterbury-Bankstown Council, NSW

What other property markets are there near Canterbury-Bankstown Council, NSW?

Canterbury-Bankstown Council is surrounded by 9 other council areas – Bayside, Sutherland Shire, Inner West, Cumberland, Georges River, Strathfield, Fairfield, Burwood, Liverpool.

How many people live in Canterbury-Bankstown Council, NSW?

There are approximately 346000 people living in roughly 121000 dwellings in total, with an average household size of 3.

What are current and planned infrastructure projects in Canterbury-Bankstown Council, NSW?

Notable infrastructure projects include Wheelie Good events, Clean Street 4.0, SafeTV Schools, Smart transport / parking, Road condition audit, Smart water fountains.

What major retailers are there in Canterbury-Bankstown Council, NSW?

The main retail centres are Bankstown Central, Home Focus Bankstown, Shopping Paradise, Dock1 Bankstown Shopping.

What is the main industry in Canterbury-Bankstown Council, NSW?

Such sectors as Health Care and Social Assistance, Retail Trade, Construction, Transport, Postal and Warehousing, Accommodation and Food Services, Education and Training, Manufacturing, Professional, Scientific and Technical Services make up the largest part of the employment.

What are the dominant demographic groups in Canterbury-Bankstown Council, NSW?

Among approximately 346000 people in Canterbury-Bankstown-Council males and females make roughly 50% of each group. The median age of people is 35 years. Children aged 0-14 years account for approximately 21% of the population, and those aged 65+ years account for 14%.

How is unemployment rate trending in Canterbury-Bankstown Council, NSW?

Among approximately 151000 people employed, roughly 57% work full-time, 30% work part-time, and an estimated 8% are unemployed.

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