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Bankstown NSW 2200 — House Prices, Rent & Suburb Profile

Bankstown is a suburb in New South Wales (postcode 2200). The median sale price is $620k (+50% since 2012). The median weekly rent is $630/week, a gross rental yield of about 5.3%. It has a population of about 34,933 (ABS Census 2021).

Median sale price
$620k
Median weekly rent
$630/week
Gross rental yield
5.3%
Population (2021)
34,933
Socio-economic (IRSAD %ile)
16

Median sale price trend

YearMedian sale price
2021$570,000
2022$515,000
2023$507,000
2024$550,000
2025$605,000
2026$619,750

Source: NSW Valuer General bulk property sales. Medians shown only where there are enough sales.

Median weekly rent by bedrooms

BedroomsMedian weekly rent
1-bedroom$508
2-bedroom$600
3-bedroom$770
4+ bed$1,050

Postcode-level median (all property types). Source: NSW DCJ rental bonds.

Housing mix

Predominantly apartment (74% of recorded sales).

Demographics (ABS Census 2021)

  • Population: 34,933
  • Median age: 34
  • Median weekly household income: $1,331
  • Average household size: 2.9

Socio-economic profile (ABS SEIFA 2021)

  • IRSAD (relative advantage/disadvantage): score 913 · 16th percentile in Australia
  • IEO (education & occupation): score 978 · 50th percentile

Higher score = relatively more advantaged. This is a socio-economic index, not a measure of school or teaching quality. Source: ABS SEIFA 2021 (CC BY).

Schools in Bankstown

  • Bankstown Public School · Primary School
  • Bankstown Girls High School · Secondary School
  • Bankstown Senior College · Secondary School
  • Bankstown North Public School · Primary School
  • Bankstown West Public School · Primary School
  • Wattawa Heights Public School · Primary School
  • Bankstown South Infants School · Infants School
  • Bankstown Hospital School · Schools for Specific Purposes

Schools located within the suburb boundary. For catchments and results, see the official My School / NSW sources.

Transport

Nearest station: Bankstown Station (train), about 0.4 km from the suburb centre.

Land value

Median land value: $1,070,000 (2025 base year). This is land value, not market sale price. Source: NSW Valuer General (CC BY).

Frequently asked questions

What is the median house price in Bankstown?

The median sale price in Bankstown NSW 2200 is $619,750, up 50% since 2012. Based on NSW Valuer General sales data.

What is the average weekly rent in Bankstown?

The median weekly rent in Bankstown (postcode 2200) is $630 per week. Source: NSW DCJ rental bonds.

What is the rental yield in Bankstown?

The estimated gross rental yield in Bankstown is about 5.3%, based on the median weekly rent relative to the median sale price.

What schools are in Bankstown?

Schools located in Bankstown include Bankstown Public School, Bankstown Girls High School, Bankstown Senior College, Bankstown North Public School, Bankstown West Public School.

Nearby suburbs

Explore house prices & rent in suburbs near Bankstown. Browse all NSW suburbs →

Explore Bankstown on the interactive map →

Prices, rents, school zones, land values and zoning across NSW.

Data: NSW Valuer General (sales & land value), NSW DCJ (rents), ABS Census & SEIFA 2021, TfNSW (transport). Figures are medians and estimates for general information only, not valuations or advice.