The 2016 Real Estate Guide for Bankstown
A multicultural city with a spirited community, Bankstown. It was named after the honorable botanist Sir Joseph Banks in 1770. It is a local government area located in the south-west region of Sydney, Australia. The people around the suburb were given the chance to share their culture to others and experience and learn other traditions. Bankstown is a very unique suburb it is economically and culturally progressive which attracts a lot of migrants.
The suburb is also a main shopping and business locality. They have a great which not only preserves the culture but also ensure the safety of their constituents. The city has a bunch of outdoor activities and great spots to unwind.
Bankstown’s present estimated population for the year 2016 is 206,355 according to the id. The Population Experts.
The Land area of the city for the year 2015 is 7,682 hectares while its population density is 26.45 people per hectare.
Median Property Price
Relocating on this suburb requires educating oneself about the property rates to have a basis when buying or renting a
crib to live in. Below are the property rates from 2010-2014.
- The Median Property Price in Bankstown increased 63.9% for the past 5 years.
- In 2010, the estimated amount for Median property sale price for the houses is $539,000 and $443 for the median rent price rate.
- In 2012, the estimated amount for Median property sale price for the houses is $580,000 and $425 for the median rent price rate.
- In 2014, the estimated amount for Median property sale price for the houses is $750,000 and $480 for the median rent price rate.
The council of Bankstown played a big role for molding the community into a developed and organized suburb.
The people in Bankstown are introduced to preserving the culture, nature, and oneness through recreational activities
that bonds each individual. Children are also being given workshops and seminars for them to enjoy, learn and be
disciplined at the same time. This suburbs good status was maintained through the cooperation of the community and
The land tax rates of Bankstown is based on the general land tax rates of New South Wales Office of State Revenue.
Schools and Colleges are not hard to find in Bankstown, they also offer Training Centers for those who want to take vocational
courses and enhance their skills on their chosen field. It is advisable to go to a school that is within your budget and preferences.
A big percentage of the residents in Bankstown are employed. The suburb has a good retail industry and public service. There
are a lot of job opportunities that are being offered in the locality. There’s a point that the unemployment rate is getting higher
but they are immediately looking for solutions to fix the problem.
The crime rate in Bankstown remained average despite of the issues that there are a lot of crimes happening in the suburb. It is
in the normal level and the council is doing their task top solve and lessen this problem.
An array of activities await you in Bankstown. If you want to stroll and unwind you can check the parks and heritage in the suburb.
Bankstown is also known for Scenic Flights. There are tons of recreational activities in Bankstown that you might want to experience.
Shopping centers are also accessible.